Electricity substitution: some local industrial evidence

被引:13
作者
Barnett, AH [1 ]
Reutter, K [1 ]
Thompson, H [1 ]
机构
[1] Auburn Univ, Dept Econ, Auburn, AL 36849 USA
关键词
substitution elasticities; electricity; local industry;
D O I
10.1016/S0140-9883(97)00026-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
Substitution elasticities between electricity, production and non-production labor, and capital in Alabama's textiles, paper, chemicals and primary metals industries are estimated. There is generally weak substitution between inputs and declining shares of production labor. Textiles exhibit a trend toward more capital intensive techniques. All outputs are biased away from electricity. Electricity demand is price inelastic, which implies regulatory constraints are binding. (C) 1998 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:411 / 419
页数:9
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