Spectral analysis of the relationship between energy consumption, employment, and business cycles

dc.citation.epage412en_US
dc.citation.issueNumber4en_US
dc.citation.spage395en_US
dc.citation.volumeNumber11en_US
dc.contributor.authorErol, U.en_US
dc.contributor.authorYu, E. S. H.en_US
dc.date.accessioned2016-02-08T10:56:46Z
dc.date.available2016-02-08T10:56:46Z
dc.date.issued1990en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractThrough the use of cross-spectral techniques, we identify the dependence of U.S. industrial energy consumption on the industrial production index and total non-farm employment over business cycles. In particular, total energy consumption, mainly due to its industrial component, responds to changes in the production index. It is found that the industrial demand for energy is fairly sensitive to business cycles, while the household energy consumption and transportationsector energy consumption are not significantly affected by the expansion and contraction phases of the economy. In addition, there is a significant degree of correlation between the total non-farm employment and energy consumption over the business cycle frequencies. The evidence indicates a simultaneous response of employment and energy consumption to business cycle movements of the production index and suggests neutrality between energy and labor employment. © 1990.en_US
dc.identifier.doi10.1016/0165-0572(90)90006-5en_US
dc.identifier.issn0165-0572
dc.identifier.urihttp://hdl.handle.net/11693/26229
dc.language.isoEnglishen_US
dc.relation.isversionofhttps://doi.org/10.1016/0165-0572(90)90006-5en_US
dc.source.titleResources and Energyen_US
dc.subjectBusiness cycle sensitivityen_US
dc.subjectEconomic relationshipsen_US
dc.subjectEnergy consumptionen_US
dc.subjectIndustrial productionen_US
dc.subjectSpectral analysisen_US
dc.subjectUSAen_US
dc.titleSpectral analysis of the relationship between energy consumption, employment, and business cyclesen_US
dc.typeArticleen_US

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