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Substitution And Price Elasticity Estimates Using Inter Countrypooled Data In A Translog Cost Model
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Book Synopsis Substitution and Price Elasticity Estimates Using Inter-countrypooled Data in a Translog Cost Model by : Jayant A. Sathaye
Download or read book Substitution and Price Elasticity Estimates Using Inter-countrypooled Data in a Translog Cost Model written by Jayant A. Sathaye and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Pooled data across several developing countries and the U.S. were used to estimate long-run substitution and price elasticities ina translog framework for the paper, iron and steel, and aggregatemanufacturing industries. While the quality of the estimates variesacross the several industry-specific models, the results suggest highervalues for these elasticities than appear commonly used in integratedassessment models. Estimates of own-price elasticities of energy rangefrom - 0.80 to - 1.76 and are comparable to estimates from previouseconometric studies in the context of developed countries ( - 0.77 to -0.87). Substitution elasticities show wider variation across countriesand industries. For energy and capital they range from -1.96 to 9.80, forlabor and energy from 2.61 to 7.11, and for energy and material from -0.26 to 2.07.
Book Synopsis Handbook of Energy by : Cutler J. Cleveland
Download or read book Handbook of Energy written by Cutler J. Cleveland and published by Newnes. This book was released on 2013-05-02 with total page 1029 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Energy, Volume I: Diagrams, Charts, and Tables provides comprehensive, organized coverage on all phases of energy and its role in society, including its social, economic, political, historical, and environmental aspects. While there is a wealth of information about energy available, it is spread across many books, journals, and websites and it tends to target either a particular form of energy or a specific audience. Handbook of Energy provides a central repository of information that meets diverse user communities. It focuses on visual, graphic, and tabular information in a schematic format. Individuals and researchers at all educational levels will find the Handbook of Energy to be a valuable addition to their personal libraries. Easy-to-read technical diagrams and tables display a vast array of data and concepts
Book Synopsis Meeting the Balance of Electricity Supply and Demand in Latin America and the Caribbean by : Rigoberto Ariel Yépez-García
Download or read book Meeting the Balance of Electricity Supply and Demand in Latin America and the Caribbean written by Rigoberto Ariel Yépez-García and published by World Bank Publications. This book was released on 2011-06-24 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the coming decades, the supply of electric power will need to expand to meet the growing demand for electricity, but how the production and use of electricity develops will have broad ramifications for the diverse economies and societies of Latin America and the Caribbean. This report discusses the critical issues for the power sector considering a baseline scenario to 2030 for countries and sub-regions. Among these critical issues are the demand for electricity, the total new supply of electric generating capacity needed, the technology and fuel mix of the generating capacity, and the CO2 emissions of the sector. Under modest GDP growth assumptions, the demand for electricity in Latin America and the Caribbean would more than double by 2030. The analysis suggests that under any economic scenario, it will be challenging for the Region to meet future electricity demand. The report shows that meeting the demand for electricity in Latin America and the Caribbean can be achieved by not only building new generating capacity by the expansion of hydropower and natural gas, but by relying on an increased supply of non-hydro renewables, expanding electricity trade, and making use of supply and demand-side energy efficiency to lower the overall demand for electricity. Some recommendations derived from the report are the need for strengthening regulations and market design of hydropower and gas power generation projects and the need to design supportive policies to develop renewable energy technologies and promote energy efficiency measures. The primary audience to which this report is addressed are policy makers, power sector planners and stakeholders.
Book Synopsis International Handbook on the Economics of Energy by : Lester C. Hunt
Download or read book International Handbook on the Economics of Energy written by Lester C. Hunt and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.
Book Synopsis Energy and Sustainability VI by : W.F. Florez-Escobar
Download or read book Energy and Sustainability VI written by W.F. Florez-Escobar and published by WIT Press. This book was released on 2015-09-02 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diverse topics covered in this title containing the conference proceedings of the 6th International Conference on Energy and Sustainability involve interdisciplinary cooperation to arrive at optimum solutions, including materials, energy networks, new energy resources, storage solutions, waste to energy systems, smart grids and many others. Energy and Sustainability VI focuses on energy matters and the need to respond to the modern world’s dependency on conventional fuels. The continuous use of fossil fuels has generated an increasing amount of interest in renewable energy resources and the search for sustainable energy policies. This book also presents the following topics: Sustainable Energy Production; Energy in the Built Environment; Energy Production; Energy Networks; Smart Grids and Metering; Energy Storage and Policies; Shale Oil and Gas; Oil Sands Processes; CO2 Capturing and Management; Energy Management; Imbedded Energy in Manufacturing; Energy and Transportation; Energy Efficiency; Renewable Energy Resources; Biomass and Biofuels; Waste to Energy; The Future of Nuclear Energy; Environmental Risk; Greener Power Plant Technologies; Optimization of Conventional Energy Resources; Advances in Energy Production.
Book Synopsis The Handbook of Global Energy Policy by : Andreas Goldthau
Download or read book The Handbook of Global Energy Policy written by Andreas Goldthau and published by John Wiley & Sons. This book was released on 2016-11-14 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first handbook to provide a global policy perspective on energy, bringing together a diverse range of international energy issues in one volume. Maps the emerging field of global energy policy both for scholars and practitioners; the focus is on global issues, but it also explores the regional impact of international energy policies Accounts for the multi-faceted nature of global energy policy challenges and broadens discussions of these beyond the prevalent debates about oil supply Analyzes global energy policy challenges across the dimensions of markets, development, sustainability, and security, and identifies key global policy challenges for the future Comprises newly-commissioned research by an international team of scholars and energy policy practitioners
Book Synopsis Brookings Papers on Economic Activity: Fall 2008 by : Douglas W. Elmendorf
Download or read book Brookings Papers on Economic Activity: Fall 2008 written by Douglas W. Elmendorf and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Brookings Papers on Economic Activity (BPEA)" provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: Editors' Summary Financial Crash, Commodity Prices, and Global Imbalances, By Ricardo J. Caballero, Emmanuel Farhi, and Pierre-Olivier Gourinchas Making Sense of the Subprime Crisis, By Kristopher Gerardi, Andreas Lehnert, Shane M. Sherlund, and Paul Willen The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear? By Karl E. Case Beyond Leveraged Losses: The Balance Sheet Effects of the Home Price Downturn, By Jan Hatzius Financial Regulation in a System Context, By Stephen Morris and Hyun Song Shin The Unofficial Economy and Economic Development, By Rafael La Porta and Andrei Shleifer The Real Exchange Rate and Economic Growth, By Dani Rodrik
Book Synopsis Estimating Elasticities of Input Substitution Using Data Envelopment Analysis by : Noah James Miller
Download or read book Estimating Elasticities of Input Substitution Using Data Envelopment Analysis written by Noah James Miller and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of elasticities of substitution between inputs has become the standard method for addressing the effect of a change in the mix of input used for production from a technological or cost standpoint. (Chambers 1988) A researcher that wants to estimate this elasticity, or some other comparative static, typically would do so using parametric production or cost function (e.g. translog or normalized quadratic) with panel data. For a study with only cross-sectional data, the construction of such a function may be problematic. Using a dual approach, a nonparametric alternative in such a situation may be the use of Data Envelopment Analysis (DEA). Cooper et al. (2000) provided a methodology for estimating elasticities of substitution for the technical production problem using DEA. To our knowledge, this has not been extended to the cost efficiency problem, which would be equivalent to estimating Allen partial or Morishima elasticities of substitution between inputs using a cost function (or cost minimization framework). The purpose of this thesis is to show how elasticities of substitution can be derived and estimated for the technical production and cost (overall economic) efficiency DEA under variable returns to scale. In addition, an empirical example using Kansas Farm Management Association (KFMA) data is presented to illustrate the estimation of these elasticities. The results showed that input substitutability is relatively limited at the enterprise level.
Book Synopsis Climate Change and Global Equity by : Frank Ackerman
Download or read book Climate Change and Global Equity written by Frank Ackerman and published by Anthem Press. This book was released on 2014-06-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ambitious measures to reduce carbon emissions are all too rare in reality, impeded by economic and political concerns rather than technological advances. In this timely collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.
Book Synopsis Environmental Tax Reform (ETR) by : Paul Ekins
Download or read book Environmental Tax Reform (ETR) written by Paul Ekins and published by Oxford University Press. This book was released on 2011-04-07 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive analysis of an environmental tax reform where people are taxed on pollution and the use of natural resources instead of on their income, it looks at the challenges involved in implementing this tax reform across Europe.
Download or read book Equations written by Joe Ross and published by . This book was released on 2004 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Ross's seventh book of poetry, he explores the relationships of seemingly unrelated words - from |middle| to |excluded|, |dizzy| to |morality|, |language| to |stump| - brilliantly revealing the processes of thought and the associative relationships of anything to everything else, of concepts of gardens to weeds to seeds, from plants to addictions to matches. Winner of the 2003 Gertrude Stein Poetry Award, Ross's book demonstrates, once again, his intense exploration of meaning.
Book Synopsis Sustainability for a Warming Planet by : Humberto Llavador
Download or read book Sustainability for a Warming Planet written by Humberto Llavador and published by Harvard University Press. This book was released on 2015-06-08 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human-generated greenhouse gas emissions imperil a global resource: a biosphere capable of supporting life as we know it. What is the fair way to share this scarce resource across present and future generations, and across regions of the world? This study offers a new perspective based on the guiding ethics of sustainability and egalitarianism. Sustainability is understood as a pattern of economic activity over time that sustains a given rate of growth of human welfare indefinitely. To achieve this, the atmospheric concentration of carbon must be capped at some level not much higher than exists today, and investments in education and research should be higher than they currently are. International cooperation between developing and developed nations is also vital, because economic growth and the climate problem are intertwined. The authors propose that the guiding principle of bargaining should be that the dates at which developing countries’ living standards catch up with those of developed countries should not be altered by the agreement. They conclude that developed economies would have to agree not to exceed 1 percent growth in per capita GDP annually, while developing nations should grow at a faster rate, but still lower than current projections, until they converge. The authors acknowledge that achieving such a dramatic slowdown would carry political and economic challenges.
Book Synopsis Advances in Economic Theory by : Truman Fassett Bewley
Download or read book Advances in Economic Theory written by Truman Fassett Bewley and published by CUP Archive. This book was released on 1989-07-28 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: These articles should be helpful to anyone with training in economics.
Book Synopsis Fifty Years of Economic Measurement by : Ernst R. Berndt
Download or read book Fifty Years of Economic Measurement written by Ernst R. Berndt and published by University of Chicago Press. This book was released on 1991-05-07 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains papers presented at a conference in May 1988 in Washington, D.C., commemorating the fiftieth anniversary of the founding of the Conference on Research in Income and Wealth (CRIW). The call for papers emphasized assessments of broad topics in economic measurement, both conceptual and pragmatic. The organizers desired (and succeeded in obtaining) a mix of papers that, first, illustrate the range of measurement issues that economics as a science must confront and, second, mark major milestones of CRIW accomplishment. The papers concern prices and output (Griliches, Pieper, Triplett) and also the major productive inputs, capital (Hulten) and labor (Hamermesh). Measures of saving, the source of capital accumulation, are covered in one paper (Boskin); measuring productivity, the source of much of the growth in per capita income, is reviewed in another (Jorgenson). The use of economic data in economic policy analysis and in regulation are illustrated in a review of measures of tax burden (Atrostic and Nunns) and in an analysis of the data needed for environmental regulation (Russell and Smith); the adequacy of data for policy analysis is evaluated in a roundtable discussion (chapter 12) involving four distinguished policy analysts with extensive government experience in Washington and Ottawa.
Download or read book Domesday Economy written by John McDonald and published by Oxford University Press. This book was released on 1986 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Snooks and McDonald have compiled an unequalled new interpretation of the Domesday Book, the ancient work containing detailed and comprehensive statistics on ownership, income, and resources of almost every manor of Norman England in 1086.
Book Synopsis Capacity to Spare? by : Mark G. Lijesen
Download or read book Capacity to Spare? written by Mark G. Lijesen and published by . This book was released on 2004 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economies of China and India by : Manmohan Agarwal
Download or read book The Economies of China and India written by Manmohan Agarwal and published by World Scientific Publishing Company. This book was released on 2017-02-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 1. China and India: The International Context and Economic Growth, Manufacturing Performance and Rural Development -- Volume 2. Competitiveness, External Cooperation Strategy, and Income Distribution: Changes in China -- Volume 3. Economic Growth, Employment and Inclusivity: The International Environment
