7
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

Resource prices, supply shocks and output fluctuations

Pages 180-183 | Published online: 05 Oct 2010

References

  • Allen , R. C. 1977 . The peculiar productivity history of American blast furnaces, 1940–1913 . Journal of Economic History , 37 : 605 – 633 .
  • Barnett , H. J. and Morse , C. 1963 . Scarcity and Growth: The Economics of Natural Resource Availability , Baltimore : The Johns Hopkins Press .
  • Barro , R. J. 1981 . Output effects of government purchases . Journal of Political Economy , 89 : 1086 – 1121 .
  • Bernanke , B. S. and Blinder , A. S. 1992 . The federal funds rate and the channels of monetary transmission . American Economic Review , 82 : 901 – 921 .
  • Burbridge , J. and Harrison , A. 1983 . Testing for the effects of oil price rises using vector autoregressions . Journal of Money, Credit, and Banking , 15 : 459 – 484 .
  • Cain , L. P. and Paterson , D. G. 1986 . Biased technical change, scale and factor substitution in American industry, 1850–1919 . Journal of Economic History , 46 : 153 – 164 .
  • Cooley , T. and LeRoy , S. F. 1985 . A theoretical macroeconomics: a critique . Journal of Monetary Economics , 49 : 283 – 307 .
  • Darby , M. 1982 . The price of oil and world inflation and recession . American Economic Review , 72 : 738 – 751 .
  • Devarajan , S. and Fisher , A. 1981 . Hotelling's ‘Economics of exhaustible resources’: fifty years later . Journal of Economics Literature , 19 : 65 – 73 .
  • Doan , T. A. 1989 . Users Manual: Rats Version 3.02 , Evanston : VAR Econometrics .
  • Energy Information Administration . November 1991 . Quarterly Natural Gas Report , November , Government Printing Office .
  • Friedman , B. M. and Kuttner , K. 1992 . Money, income, prices, and interest rates . American Economic Review , 82 : 472 – 492 .
  • Gisser , M. and Goodwin , T. H. 1986 . Crude oil and the macroeconomy: tests of some popular notions . Journal of Money, Credit and Banking , 18 : 120 – 129 .
  • Hamilton , J. D. 1983 . Oil and the macroeconomy since World War II . Journal of Political Economy , 91 : 228 – 248 .
  • Hotelling , H. 1931 . The economics of exhaustible resources . Journal of Political Economy , 39 : 137 – 175 .
  • Howe , C. W. 1979 . Natural Resource Economics , New York : John Wiley and Sons .
  • Johansen , S. and Juselius , K. 1990 . Maximum likelihood estimation and inference on co-integration-with application to the demand for money . Oxford Bulletin of Economics and Statistics , 52 : 169 – 209 .
  • Katz , M. and Shapiro , C. 1985 . Network, externalities, competition, and comparability . American Economic Review , 75 : 424 – 440 .
  • King , R. G. and Plosser , C. I. 1984 . Money, credit and prices in a real business cycle . American Economic Review , 74 : 363 – 380 .
  • Kydland , F. E. and Prescott , E. C. 1982 . Time to build and aggregate fluctuations . Econometrica , 50 : 1345 – 1370 .
  • Leamer , E. E. 1985 . Vector autoregressions for causal inference? . Carnegie-Rochester Conference Series on Public Policy , 22 : 255 – 304 .
  • Litterman , R. B. and Weiss , L. 1985 . Money, real interest rates and output: a re-interpretation of postwar US data . Econometrica , 53 : 128 – 156 .
  • Long , J. B. and Plosser , C. I. 1983 . Real business cycles . Journal of Political Economy , 91 : 39 – 69 .
  • Mantly , R. 1978 . Natural Resource Commodities—A Century of Statistics , Baltimore : Johns Hopkins University Press .
  • McCallum , B. T. 1986 . On real and sticky price theories of the business cycle . Journal of Money, Credit and Banking , 18 : 397 – 414 .
  • Nelson , C. R. and Plosser , C. I. 1982 . Trends and random walks in macroeconomic time series: some evidence and implications . Journal of Monetary Economics , 10 : 139 – 162 .
  • Nelson , R. B. and Wright , G. 1992 . The rise and fall of American technological leadership: the postwar era in historical perspective . Journal of Economic Literature , 30 : 1931 – 1964 .
  • Sachs , J. 1979 . Wages, profits and macroeconomic adjustment: a comparative study , Brookings Papers on Economic Activity .
  • Schurr , S. H. 1960 . Historical Statistics of Minerals in the United States , Washington, DC : Resources for the Future .
  • Sims , C. A. 1980 . Comparison of interwar and post-war business cycles: monetarism reconsidered . American Economic Review , 70 : 250 – 257 .
  • Slade , M. E. 1982 . Trends in natural resource commodity price: an analysis of the time domain . JEEM , 9 : 122 – 137 .
  • Smith , V. K. 1979 . Natural resource scarcity: a statistical analysis . Review of Economics and Statistics , 61 : 423 – 427 .
  • US Bureau of Mines . 1988a and b . Mineral Facts and Problems , Washington, DC : US Government Printing Office .
  • Wright , G. 1990 . The origins of American industrial success, 1879–1940 . American Economic Review , 80 : 651 – 668 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.