Does a Change in Price of Fuel Affect GDP Growth? An Examination of the U.S. Data from 1950–2013
We examined data on fuel consumption and costs for the years 1950 through 2013, along with economic and population data, to determine the percent of U.S. gross domestic product (GDP) spent each year on fuels, including fossil fuels and nuclear ore, and the growth of the economy. We found that these...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2014-10-01
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Series: | Energies |
Subjects: | |
Online Access: | http://www.mdpi.com/1996-1073/7/10/6558 |