Showing 1 - 10 of 16,332
using Divisia (Sato-Vartia) approach. The results show that China's aggregate energy consumption and intensity fluctuated …China's total energy consumption, according to the official data, decreased impressively during 1997-1998 and increased … and imperfect substitutability among diverse energy types, we further examine China's aggregate energy consumption by …
Persistent link: https://www.econbiz.de/10010885080
-economy research. In economics world, production factors are usually non-linearly aggregated using Divisia approach, which is derived … behaviors. According to China's current provincial energy efficiency performance assessment policy, the central government … different to that based on Divisia approach. From the perspective of economics, some local performances are overestimated and …
Persistent link: https://www.econbiz.de/10010885082
This study estimates inter-fuel substitution elasticities and long-run substitution elasticities between energy and non-energy aggregate inputs used by production sectors in Malawi. All fuels are Morishima substitutes but there are significant sectoral variations in the magnitude of the...
Persistent link: https://www.econbiz.de/10010920491
Photovoltaic (PV) generation of electricity is an important renewable energy source. One way to increase the value of small-scale renewable generators is to aggregate and control their output so they appear to the wider grid as one larger generator. This paper introduces our Virtual Power...
Persistent link: https://www.econbiz.de/10010806162
-economy research. In economics world, production factors are usually non-linearly aggregated using Divisia approach, which is derived … behaviors. According to China's current provincial energy efficiency performance assessment policy, the central government … different to that based on Divisia approach. From the perspective of economics, some local performances are overestimated and …
Persistent link: https://www.econbiz.de/10011049445
This paper extends the analysis of the forthcoming fall in the dollar by Blanchard, Giavazzi and Sà 2005), using a model which incorporates forward-looking consumers. It provides additional underpinnings for the idea of a rapid adjustment in the value of the dollar. We analyze what will happen...
Persistent link: https://www.econbiz.de/10005016248
The identification of aggregate human capital externalities is still not fully understood. The existing (Mincerian) approach confounds positive externalities with wage changes due to a downward sloping demand curve for human capital. As a result, it yields positive externalities even when wages...
Persistent link: https://www.econbiz.de/10010547093
In many developing countries, a modern sector coexists with a traditional, informal, sector often intensive in child labor. In such a setting, when parents care about both the number and wellbeing of offsping, but also attach an economic value to children, there is a positive association between...
Persistent link: https://www.econbiz.de/10005796008
The incremental innovations that underlie much of modern economic growth typically involve changes to one or more components of a complex product. This creates a tension. On the one hand, a principal would like an agent to contribute innovative components. On the other hand, ironing out...
Persistent link: https://www.econbiz.de/10005124075
There is plenty of individual-level evidence, based on the estimation of Mincerian equations, showing that better-educated individuals earn more. This is usually interpreted as a proof that education raises labour productivity. Some macroeconomists, analysing cross-country time series, also...
Persistent link: https://www.econbiz.de/10010690401