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- W2000854141 abstract "This paper investigates how the first oil crisis affected energy demand in Korea. First, annual growth rates in energy consumptions for pre-and post-crisis periods are compared. Second, the price and income elasticities of energy sources estimated from the 1961–1972 and 1961–1976 observations are compared. Third, F-test is performed with an oil demand equation to see whether a structural change in oil demand occurred after the first oil crisis. The author concludes that the impact of the first oil crisis in Korea was not serious enough to cause a structural change in oil demand." @default.
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- W2000854141 date "1982-10-01" @default.
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- W2000854141 title "The impact of the first oil crisis on energy demand in Korea" @default.
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- W2000854141 doi "https://doi.org/10.1016/0140-9883(82)90007-x" @default.
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