The elasticity of substitution between energy and non-energy is a key parameter in quantifying distributional impacts of energy and environmental policies. However, the empirical results of energy substitution are contradictory. The source of discrepancies in the results remains controversial,...

Energy substitution is considered as a key process to determine the economic outcome of decisions related to energy and environment policies. The sign and magnitude of energy substitution have been widely debated, and the results are divergent. This paper applies the translog cost function...

This study provides technological change, factor demand and inter-factor substitutability measures for China electricity industry. We use individual fuel price data and translog factor cost function approach to estimate total factor cost functions and fuel share equations. The implied price and...