Interfuel substitution [[electronic resource] /] / Apostolos Serletis

• Record Nr.: UNINA9910779286103321
• Autore: Serletis Apostolos
• Pubbl/distr/stampa: Singapore, : World Scientific Pub. Co., 2012
• ISBN: 1-280-66976-4; 9786613646699; 981-4374-37-7
• Descrizione fisica: 1 online resource (129 p.)
• Disciplina: 629.229
• Soggetti: Fuel switching
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and indexes.
• Nota di contenuto: Contents; Preface; 1. Empirical Energy Demand Analysis; 1.1 Introduction; 1.2 The Econometric Approach; 1.3 Theoretical Regularity; 1.4 Flexible Functional Forms; 1.4.1 The Generalized Leontief; 1.4.2 The Translog; 1.5 Estimation Issues; 1.6 Concluding Comments; 2. Interfuel Substitution in the United States; 2.1 Introduction; 2.2 Theoretical Foundations; 2.2.1 The Energy Submodel; 2.2.2 The Translog Energy Price Aggregator Function; 2.2.3 Theoretical Regularity; 2.3 Empirical Modelling; 2.3.1 Elasticities; 2.3.2 Separability Testing; 2.4 The United States Data; 2.5 Empirical Evidence; 2.6 Conclusions3. 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; 3.6.1 Industrial Sector; 3.6.2 Residential Sector; 3.6.3 Electricity Generation Sector; 3.6.4 Transportation Sector; 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; 4.4.1 Short-Run Estimates; 4.4.2 Long-Run Estimates4.5 Concluding Comment; Bibliography; General Index; Author Index
• Sommario/riassunto: 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 international data for a number of OECD and non-OECD countries.