Energy Policy of Industrialized Countries: The Austrian Experience Evaluated within an Empirical Framework

1 April 1987

journal article
research article
Published by SAGE Publications in Energy Exploration & Exploitation

Vol. 5 (2) , 141-156
https://doi.org/10.1177/014459878700500204

Abstract

Issues related to energy problems play an important role in the current public and political discussion. This paper analyses recent energy policy utilizing the Austrian experience and an econometric demand/supply model. The policy failures and the wrong perceptions of the functioning of the national and international energy markets are not limited to Austria but are typical for many other industrialized countries. In addition to the criticism of public policies, the impact from the 1986 collapse in oil prices on the changes in energy demand growth and pattern is investigated.

Keywords

This publication has 2 references indexed in Scilit:

Fuel conservation under rational expectations of the energy price evolution
Resources and Energy, 1986
Aggregate Elasticity of Energy Demand
The Energy Journal, 1981