The energy demand in the manufacturing sector of Pakistan: some further results

被引:30
作者
Mahmud, SF [1 ]
机构
[1] Bilkent Univ, Fac Econ Adm & Social Sci, TR-06533 Bilkent, Turkey
关键词
energy; manufacturing; Pakistan;
D O I
10.1016/S0140-9883(99)00031-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this study was to re-examine the role of energy in the manufacturing sector of Pakistan using a Partial Equilibrium Approach. GL restricted cost function along with the factor demand equations were estimated using Zellner's iterative procedure. Higher energy prices do not seem to adversely affect investment in capital. Substitution possibilities between energy and non-energy inputs are very limited and therefore energy price hikes may directly affect the cost of production. Inter-fuel cross price elasticities indicate that there are substitution possibilities between electricity and gas. (C) 2000 Elsevier Science B.V. All rights reserved. JEL classification: Q41.
引用
收藏
页码:641 / 648
页数:8
相关论文
共 6 条
[1]   ENERGY-CAPITAL SUBSTITUTABILITY COMPLEMENTARITY - THE DICHOTOMY [J].
APOSTOLAKIS, BE .
ENERGY ECONOMICS, 1990, 12 (01) :48-58
[2]  
BERNDT ER, 1975, REV ECON STAT, V57, P254
[3]  
Iqbal M., 1986, EMPIR ECON, V11, P81, DOI DOI 10.1007/BF01987506
[4]   THE DEMAND FOR ENERGY IN THE LARGE-SCALE MANUFACTURING SECTOR OF PAKISTAN [J].
MAHMUD, F ;
CHISHTI, S .
ENERGY ECONOMICS, 1990, 12 (04) :251-254
[5]   QUASI-FIXED INPUTS IN UNITED-STATES AND JAPANESE MANUFACTURING - A GENERALIZED LEONTIEF RESTRICTED COST FUNCTION-APPROACH [J].
MORRISON, C .
REVIEW OF ECONOMICS AND STATISTICS, 1988, 70 (02) :275-287
[6]  
PASHA HA, 1990, J APPL EC, V9, P117