The applied theory of energy substitution in production

被引:64
作者
Thompson, Henry [1 ]
机构
[1] Auburn Univ, Auburn, AL 36849 USA
关键词
energy substitution; cross price elasticities; log linear production;
D O I
10.1016/j.eneco.2005.01.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper reviews the applied theory of energy cross price partial elasticities of substitution, and presents it in a transparent fashion. It uses log linear and translog production and cost functions due to their economic properties and convenient estimating forms, but the theory applies other functional forms. The objective is to encourage increased empirical research that would deepen understanding and appreciation of energy substitution. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:410 / 425
页数:16
相关论文
共 38 条
[1]  
Allen R. G. D., 1938, Mathematical Analysis for Economists
[2]   EMPIRICAL ESTIMATES OF ELASTICITY OF FACTOR SUBSTITUTION - SOME ECONOMIC CONSIDERATIONS [J].
ATKINSON, LC .
SOUTHERN ECONOMIC JOURNAL, 1975, 41 (03) :395-402
[3]   Electricity substitution: some local industrial evidence [J].
Barnett, AH ;
Reutter, K ;
Thompson, H .
ENERGY ECONOMICS, 1998, 20 (04) :411-419
[4]  
Beattie B. R., 1985, The Economics of Production
[5]  
BEMDT E, 1973, REV ECON STUD, V55, P403
[6]  
BERNDT ER, 1975, REV ECON STAT, V57, P259, DOI 10.2307/1923910
[7]   THE MORISHIMA ELASTICITY OF SUBSTITUTION - SYMMETRY, CONSTANCY, SEPARABILITY, AND ITS RELATIONSHIP TO THE HICKS AND ALLEN ELASTICITIES [J].
BLACKORBY, C ;
RUSSELL, RR .
REVIEW OF ECONOMIC STUDIES, 1981, 48 (01) :147-158
[8]   Energy conservation in electricity generation: A case study of the electricity and water industry in Kuwait [J].
Burney, NA ;
AlMatrouk, FT .
ENERGY ECONOMICS, 1996, 18 (1-2) :69-79
[9]   Industrial energy substitution during the 1980s in the Greek economy [J].
Caloghirou, YD ;
Mourelatos, AG ;
Thompson, H .
ENERGY ECONOMICS, 1997, 19 (04) :476-491
[10]  
CAMERON T, 1980, ENERGY POLICY MODELI