Santosh Kumar, Sahu; K., Narayanan - Volkswirtschaftliche Fakultät, … - 2011
According to the basic law of supply and demand, as the cost of energy input rises, ceteris paribus, producer prefers to employ smaller quantity of energy input and substitute cheaper inputs for more expensive energy during the production process (Schurr, 1982; Jorgenson, 1984). Hence, the question...