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
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