United Kingdom : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

March 3, 2006

Electronic Access:

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Summary:

This Selected Issues paper on the United Kingdom reviews the IMF's Global Economy Model, which incorporates energy to examine the impact of rising energy prices on the United Kingdom. The model incorporates energy as a final consumption good as well as a primary input in the production process. With energy entering the production process, increases in energy costs affect overall aggregate supply capacity as firms reduce output and factor-utilization rates given the real increase in their cost structures.

Series:

Country Report No. 06/87

Subject:

English

Publication Date:

March 3, 2006

ISBN/ISSN:

9781451814309/1934-7685

Stock No:

1GBREA2006002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

138

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