Interfuel substitution

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Interfuel substitution is an issue that is - and will likely remain - an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This book contributes to this issue by estimating short- and long-term interfuel substitution elasticities, at the aggregate and sector levels, through the use of the latest advances in microeconometrics as well as recent interna…

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Title Statements

Full title :Interfuel substitution / Apostolos Serletis.

Summary

Edition Statements

Publication Date:©2012.

Publication Statements

Publisher(s):World Scientific
Place of Publication:Hoboken, N.J
Language:eng
Publication Date:©2012.

The Physical Object

Description:1 online resource (ix, 118 pages) : : illustrations

Edition Identifiers

ISBN:9814374377, 9789814374378
oclc:ocn860340338
LC Classification:TP343
Dewey Decimal:333.79323

1. Empirical energy demand analysis. 1.1. Introduction. 1.2. The econometric approach. 1.3. Theoretical regularity. 1.4. Flexible functional forms. 1.5. Estimation issues. 1.6. Concluding comments -- 2. Interfuel substitution in the United States. 2.1. Introduction. 2.2. Theoretical foundations. 2.3. Empirical modelling. 2.4. The United States data. 2.5. Empirical evidence. 2.6. Conclusions -- 3. International evidence on sectoral interfuel substitution. 3.1. Introduction. 3.2. Theoretical foundations and the NQ cost function. 3.3. Econometric methodology. 3.4. The international sectoral data. 3.5. Estimation strategy. 3.6. Results. 3.7. Summary and conclusions -- 4. Short- and long-run aggregate interfuel substitution. 4.1. Introduction. 4.2. Estimation of the NQ system. 4.3. The international aggregate data. 4.4. Empirical evidence. 4.5. Concluding comment.