This study examines ways in which residents of Canadian cities are affected by increases in petroleum prices. The authors apply economic models of residential and industrial location to determine the response of individuals and firms to higher oil prices in the short run and the long run.
JAMES R. MELVIN is a member of the Department of Economics at the University of Western Ontario.
David T. Scheffman is the Managing Director of Berkeley Research Group. He is a scholar of economics and has over 12 years of experience in a number of senior positions at the U.S. Federal Trade Commission's Bureau of Economics.