The current concern about global warming has made it necessary for the electric power industry in Japan to reexamine its power generation mix plan. Past studies on the optimal power generation mix in Japan have only emphasized economic efficiency. Thermal power generation producing carbon...

This paper examines the demand for gasoline and diesel in the ground transportation sectors of South Korea and Taiwan, comparing the effects of their different pricing policies and stages of economic growth. To account for substitutability between the two fuels, the model proposed here uses a...