Fuel Efficiency and the Economy
By Robert M. Wendling
Input-output analysis shows how proposed changes to automotive fuel-efficiency standards would propagate through the economy
This Article From Issue
March-April 2005
Volume 93, Number 2
Page 132
DOI: 10.1511/2005.52.132
In the fall of 1973, a new phrase entered the American lexicon: "energy crisis." On October 17 of that year, the Organization of Petroleum Exporting Countries (OPEC) slapped an embargo on oil exports, hoping to punish the United States for its support of Israel in the Six Days' War.
Associated Press
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