REFERENCES
- The author did not investigate why the relative change in intensity of steel differed considerably from that of the other metals .
- Data Resources, Inc. , Energy Review , Volume 10 , No. 1 , Spring 1986 , p. 102.
- J. G. Myers , “ Sources of Demand for Metals ,” a paper for presentation to the conference “ The Changing World Metals Industries ,” May 12 – 15 , 1986 , Harriman , New York .
- J. G. Myers , “ Testing for Slructural Change in Metals Use ,” a paper for presentation to the conference on “Metal Demand ,” May 19–22 , 1986 , University Park , Pennsylvania .
- Sec, for example , A. Mittelstadt. Use of Demand Elasticities in Estimating Energy Demand ( Organization for Economic Cooperation and Development , Paris , March 1983 ). Working Paper , p. 9 .
- Titton observes that the demand effect of cyclical change in income is stronger than the response to secular change . J. E. Tilton, “The Metals,” in W. A. Vogely, Ed, Economics of the Mineral Industries ( American Institute of Mining, Metallurgical, and Petroleum Engineers , New York , 1985 ), pp. 391 – 392 .
- Sec, for example. Energy Information Administration . Impacts of World Oil Market Shocks on the U.S. Economy ( U.S. Department of Energy , Washington , D.C. , July 1983 ). There was a wide variability in the results of the studies compiled in this report, with about 1% representing the average .
- Jack Faucctt Associates , draft of Changes in Worldwide Demand for Metal Minerals , Task II Analysis of Contributory Factors ( Chevy Chase , MD ., 1986 ), p. 5 .
- W. Malenbaum , Proceedings of the Council of Economics , 104th Annual Meeting of AIME ( American Institute of Mining, Metallurgical, and Petroleum Engineers , New York , 1975 ), pp. 147 – 155 .
- Changes in Worldwide Demand , p. 32 .
- Extent of processing or value added affects metal-intensiveness as well as the specific materials used. Thus, a two-ton office computer with one ton of metal would be less metal-intensive than, say, a iwo-ton automobile with one ton of metal .
- Myers , “ Testing for Structural Change ,” pp. 1 and 8 , Table 13 .
- The U.S. steel industry reduced the number of tons of raw steel used to produce one ton of steel product shipped from 1.5 in 1966 to 1.2 in 1985 . “ Statistical Highlights, U.S. Iron and Steel Industry ” ( American Iron and Steel Institute , New York , undated data sheet ); Annual Statistical Report , 1975 ( American Iron and Steel Institute , New York , 1976 ), p. 8 .
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