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The specific inputs considered, in addition to energy, are labor, nitrogen fertilizer, phosphate fertilizer, pesticides, and water. The results show that input use is responsive to variations in own prices and that some limited substitution does occur between energy, labor, and nitrogen fertilizer.
Persistent link: https://www.econbiz.de/10008919409
This paper focuses on the general nature of demand analysis and the notion of demand elasticity as applied to energy. Examples are drawn from the models used by the Office of Applied Analysis of the Energy Information Administration of the US Department of Energy. In the context of the...
Persistent link: https://www.econbiz.de/10008919464
This paper investigates whether individual (driver) behavior is influenced by the cost of travel. Specifically, concern is focused on the importance of the price of motor gasoline in impacting the frequency with which individuals exceed the 55 m.p.h. speed limit. Other factors accounting for the...
Persistent link: https://www.econbiz.de/10008919870
This paper looks at the nature and length of the impact that prices and economic activity have on the demand for motor gasoline and distillate fuel oil in the United States. A general approach is presented and implemented to aid any energy analyst in gaining insights into the modeling activity....
Persistent link: https://www.econbiz.de/10008919918
This paper presents a structural model of the market for kerojet fuel in the United States. Upon empirical estimation, it demonstrates that more kerojet output is forthcoming as the price of kerojet increases relative to the price of other refined petroleum products. Imports of kerojet into the...
Persistent link: https://www.econbiz.de/10008919954
This paper applies a translog price possibility frontier in order to measure the extent of interfuel substitution effects in the electric power industry in the United States. The results suggest that relative changes in fuel prices have significant effects on fossil fuel consumption. This, in...
Persistent link: https://www.econbiz.de/10008919959
Incentive regulation in the form of price caps is now an important regulatory tool in the telecommunications industry in the United States. As part of the implementation of incentive regulation, there is a need to measure accurately the change in productivity. In this paper an approach is...
Persistent link: https://www.econbiz.de/10009192690
Persistent link: https://www.econbiz.de/10005270755
Persistent link: https://www.econbiz.de/10005271470
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