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We consider an empirical estimation of the Environmental Kuznets Curve (EKC) for carbon dioxide and sulphur, with a focus on confidence set estimation of the tipping point. Various econometric – parametric and nonparametric – methods are considered, reflecting the implications of...
Persistent link: https://www.econbiz.de/10009644873
À cause du cadre réglementaire et des politiques gouvernementales qui s'appliquent à la demande d'énergie, celle-ci a reçu beaucoup d'attention de la part des développeurs de modèles. Dans cet article, je présente un modèle intégré de la demande totale d'énergie. Les principaux...
Persistent link: https://www.econbiz.de/10005510361
Energy intensity is the ratio of energy use to output. Most industries deal with several energy sources and outputs. This leads to the usual difficulties of aggregating heterogeneous inputs and outputs. We apply principal components analysis to assess the information derived from six energy...
Persistent link: https://www.econbiz.de/10005399448
No abstract available for this item.
Persistent link: https://www.econbiz.de/10010840365
Vertical integration occurs when a transaction between two consecutive stages of production is carried through an internal organisation rather than the market. For most mineral products that are found in Canada, we can observe a fairly high degree of vertical integration from exploration up to...
Persistent link: https://www.econbiz.de/10008556401
Hydro-Quebec's electricity rates within its mandated territory increased at the annual rate of 3.8% from 1980 to 1990 despite the fact that there was no growth in the first three years. The government-owned enterprise is rather pessimistic with respect to the expected electricity demand growth...
Persistent link: https://www.econbiz.de/10008556510
This paper surveys the changes since 1972 in the federal tax laws applicable to the Canadian mining industry. Using a partial equilibrium model, we analyse the effect of these changes on the relative prices of the factors of production used by the mining firm. Changes in the provincial tax...
Persistent link: https://www.econbiz.de/10008556555
A wide range of tests for heteroskedasticity have been proposed in the econometric and statistics literatures. Although a few exact homoskedasticity tests are available, the commonly employed procedures are quite generally based on asymptotic approximations which may not provide good size...
Persistent link: https://www.econbiz.de/10005101027
Investment expenditures in natural gas distribution pipelines account for 70% of the rate base of Société en Commandite Gaz Métropolitain (SCGM), the natural gas utility which serves most customers in the province of Québec. In allocating these costs to rate payers, the regulatory process...
Persistent link: https://www.econbiz.de/10005067701
The authors test the statistical significance of Pindyck’s (1999) suggested class of econometric equations that model the behaviour of long-run real energy prices. The models postulate meanreverting prices with continuous and random changes in their level and trend, and are estimated using...
Persistent link: https://www.econbiz.de/10005808343