The Journal of Energy and Development, autumn 1992, volume 18, number 1

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Carol Dahl, “A Survey of Energy Demand Elasticities for the Developing World.” With a great potential for energy growth in the developing world, bu... (More) Carol Dahl, “A Survey of Energy Demand Elasticities for the Developing World.” With a great potential for energy growth in the developing world, but equal uncertainty over the magnitude and timing of this growth, efforts aimed at reducing this uncertainty should prove valuable. This paper provides information that may decrease uncertainty by surveying the available econometric literature for energy demand in the developing world.

Richard G. Zind, “The Importance of Oil to the Economies of the Organization of the Petroleum Exporting Countries.” Using a two-sector growth model for the 1971-1990 time period, this paper estimates the externalities generated by the oil sector for the 13 member countries of OPEC. The findings indicate that productivity in these sectors was consistently higher than in the rest of the economy and that, in some countries, significant positive externalities were generated by these sectors.

Charles Harvie, “Oil Shocks and the Macroeconomy: A Short- and Long-Run Comparison.” This paper evaluates a number of models that were developed in the 1980s and 1990s to analyze the macroeconomic adjustment processes arising from oil- or resource-related shocks.

Gary Sellers, “Application of Antitrust to a Deregulated Electric Utility: The Future of Power Pooling.” This paper discusses the implications of applying antitrust laws to the U.S. electric utilities industry and its potential impact on deregulation.

Mohan Munasinghe, “Sustainable Power for Latin America and the Caribbean: Pricing Policy and Related Options.” The power sector in many Latin American and Caribbean countries is facing a major set of challenges that need to be addressed in the immediate future if the sector is to continue its role as an engine of economic growth in the region rather than an impediment. This paper investigates a set of policy options with special emphasis on electricity pricing, which should become a key element of the response of decision makers to the power-sector crisis.
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