An Economic Analysis of the Impact of Oil Prices on Urban Structures

by James R. Melvin, David T. Scheffman, David T Scheffman

This study examines ways in which residents of Canadian cities are affected by increases in petroleum prices. The authors apply economic models of residential and industrial location to determine the response of individuals and firms to higher oil prices in the short run and the long run. The short run effects include conservation of higher price petroleum products and reduction in other expenditures; the long run effects include movement closer...

• Format: Paperback
• Language: English
• ISBN: 0802033954
• ISBN13: 9780802033956
• Release Date: December 1983
• Publisher: University of Toronto Press
• Length: 158 Pages
• Weight: 0.49 lbs.
• Dimensions: 0.3" x 6.1" x 9.2"