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The industrial sector has accounted for more than 50% of China's final energy consumption in the past 30 years. Understanding the future emissions and emissions mitigation opportunities depends on proper characterization of the present-day industrial energy use, as well as industrial demand...
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The translog function is a flexible form but does not have good global properties. The CES function has good global properties but is not a flexible form. For energy demand models that should be valid in a large domain, global properties are important.
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In this paper we use the Second Generation Model to develop an assessment of the energy and economic implications of achieving the goals of the Kyoto Protocol. We find that many of the details of the Protocol that remain to be worked out introduce critical uncertainties affecting the cost of...
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