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Energy Efficiency of Selected OECD Countries: A Slacks Based Model with Undesirable Outputs
Apergis, Nicholas; Aye, Goodness C.; Barros, Carlos P.; … - Department of Economics, Faculty of Economic and … - 2014
relative efficiency of OECD countries using the most frequent indicators adopted by the literature on energy efficiency … model for energy performance with effective predictive ability. The results reveal different impacts of contextual variables …, such as economic blocks and capital-labor ratio, on energy efficiency levels. …
Persistent link: https://www.econbiz.de/10011268874
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Agency and Control Problems in US Corporations: The Case of Energy-efficient Investment Projects
Decanio, Stephen - In: International Journal of the Economics of Business 1 (1994) 1, pp. 105-124
number of ways. One example is the failure to undertake profitable energy conservation investments. Explanations of this … requirements for energy investments. Suggestions for improving corporate decision-making in this area are proposed. …
Persistent link: https://www.econbiz.de/10009275873
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The New Economy ; What Is Really New?
Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2000
This paper analyzes some of the elements of the new economy. What is really new is first of all the technological innovation. In economic terms what is new is a new product. The new IT product brought about by the new technology means two different things: a new device to handle data and to...
Persistent link: https://www.econbiz.de/10005818826
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The Nested Binary CES Composite Production Function: CRTS with different (but constant) pair-wise elasticities of substitution among three factors
Powell, Alan A.; Rimmer, Maureen T. - Centre of Policy Studies and Impact Project (COPS), … - 1998
substantial rise in the price of energy. Models in which output is produced according to a technology in which capital (K), labour … (L) and energy (E) are substitutable run into the difficulty of how to allow parsimoniously for the higher likely … partial substitution elasticities between capital and labour, capital and energy, and between labour and energy, to differ but …
Persistent link: https://www.econbiz.de/10004968036
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Dynamic efficiency and reswitching
van Suntum, Ulrich - Centrum für angewandte Wirtschaftsforschung, … - 2008
The paper argues that, from a dynamic efficiency perspective, intersections of factor price frontiers are irrelevant to the choice of techniques. Because every change in technique involves a temporary loss or gain in both profit and per capita consumption within the transition period, its...
Persistent link: https://www.econbiz.de/10009371789
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Dynamic Efficiency and Reswitching
Suntum, Ulrich van - Institut für Siedlungs- und Wohnungswesen, …
The paper argues that, from a dynamic efficiency perspective, intersections of factor price frontiers are irrelevant to the choice of techniques. Because every change in technique involves a temporary loss or gain in both profit and per capita consumption within the transition period, its...
Persistent link: https://www.econbiz.de/10010735901
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Eductive learning and the rationalizability of oligopoly games
Gaballo, Gaetano - In: Economics Letters 120 (2013) 3, pp. 401-404
This paper extends the eductive learning approach in settings with non-atomistic agents. It shows the connection between the characterization of rationalizable sets by Basu (1991) and the seminal result by Guesnerie (1992) in the context of Cournot oligopoly models.
Persistent link: https://www.econbiz.de/10010681750
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A macro economy as an ecology of plans
Wagner, Richard E. - In: Journal of Economic Behavior & Organization 82 (2012) 2, pp. 433-444
Standard macro theories reflect a choice-theoretic orientation wherein aggregate variables are treated as acting directly on one another. Macro phenomena are thus reduced to the same order of simplicity as micro phenomena; macro variables differ from micro variables only by their larger size. In...
Persistent link: https://www.econbiz.de/10010573053
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Fundamentos hipotéticos para investigar la crisis económica contemporánea.
Sergio, Reuben - Volkswirtschaftliche Fakultät, … - 2012
The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...
Persistent link: https://www.econbiz.de/10011114400
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Monthly Report No. 5/2014
Dobrinsky, Rumen; Hunya, Gabor; Richter, Sandor - Wiener Institut für Internationale … - 2014
rising risks for energy supplies and big investment projects (by Rumen Dobrinsky; pp. 3-6) Romania and the Russia …
Persistent link: https://www.econbiz.de/10011019983