Journal Article

The sectoral and regional effects of oil shocks: who's over a barrel?


Abstract: An examination of how higher-priced oil affects various regions and business sectors, citing evidence that the oil shock accompanying Iraq's invasion of Kuwait will have a smaller impact on the overall U.S. economy than that of previous shocks.

Keywords: Regional economics; Power resources - Prices;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1991

Issue: Jan

Order Number: 2