Sorrell, Steve - Science and Technology Policy Research (SPRU), School … - 2014
between energy and other inputs and the size of the resulting “rebound effects”. Fundamentally, easier substitution leads to … modeling rebound effects with the help of production and cost functions and questions the robustness of the evidence base in … others simulate it in such a way as to underestimate rebound effects. As a result, the paper argues that current econometric …