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Showing papers in "Energy Economics in 1982"


Journal ArticleDOI
TL;DR: In this article, the authors investigate the costs of interruptions in electricity service to customers and present and compare outage cost estimates found in the literature on a common denominator basis, and explain the sources of the wide range of variation observed in different study estimates.

120 citations


Journal ArticleDOI
TL;DR: The National Interim Energy Consumption Survey (NIECS) as discussed by the authors provides detailed information on 4081 individual households: demographic characteristics, energy-related features of the structure, heating equipment and appliances therein, recent conservation actions taken by the household, and fuel consumption and costs for the April 1978-March 1979 one-year period.

104 citations


Journal ArticleDOI
TL;DR: In this article, the authors examined the causes behind the fall in Sweden's use of energy in relation to real GDP after the energy crisis 1973/1974 and used historical and statistical data as well as economic theory (especially input-output analysis) to analyse effects on the energy output ratio of the changes in sectoral energy use and of variations in the composition of final demand.

37 citations


Journal ArticleDOI
TL;DR: In this paper, an input-output framework for measuring the direct, indirect and income-induced energy effect of a change in final demand and for estimating the effect of technical change on energy consumption is developed.

32 citations


Journal ArticleDOI
TL;DR: In this paper, economic value is fundamentally equivalent to energy value both at a macro and micro level, and the difficulties of deriving a standard scale of productive content (a necessary part of the valuation of economic goods and services) are analysed.

22 citations


Journal ArticleDOI
TL;DR: In this paper, the authors apply the consumption model developed in Scott 1 to a further set of data, and cast fresh light on the relationship between insulation and energy consumption in houses, the main finding being that once houses have been insulated to a certain standard, further insulation does not significantly affect energy consumption.

19 citations


Journal ArticleDOI
TL;DR: Criteria for determining the validity of a model that are quantitative and hopefully rigorous are focused on.

18 citations


Journal ArticleDOI
TL;DR: In this article, a small model is constructed which describes energy-economy interactions on an aggregate level, based on a neo-classical approach, estimates the impact on net national product and energy demand of changes in the cost of domestic and imported energy if tax and tariff rates -as percentages of total price are kept constant.

16 citations


Journal ArticleDOI
TL;DR: In this paper, the authors show that an oil price rise would result in an immediate reduction by about 20% in the standard of living of the importing countries and a corresponding increase in that of the oil exporters.

13 citations


Journal ArticleDOI
TL;DR: In this paper, a peak-load pricing model of the combined heat and power (CHP) system is developed to investigate the pricing and capacity decisions involved in this two market system.

12 citations


Journal ArticleDOI
TL;DR: In this article, the authors consider a number of oil import reduction measures within a common framework that allows the effects of alternative assumptions about the world oil market to be investigated, and conclude that there are many things that can be done to reduce dependence on oil imports with little cost and significant potential benefits under all but the most pessimistic worldoil market assumptions.

Journal ArticleDOI
TL;DR: A format for a database has been developed which identifies the important parameters of energy use, sufficient to allow a quantitative approach to a wide range of problems in this field.

Journal ArticleDOI
TL;DR: In this paper, the results of a survey in manufacturing industries and local authority services are presented, aimed at assessing the conservation effort since 1973 and that planned for the near future; the emphasis is on the measures and their results that can be realistically expected.

Journal ArticleDOI
TL;DR: In this article, the authors clarified the basis for peak load pricing when some customers have a steady demand and others have a specific peak period demand, and proposed that both steady and nonsteady demanders must face the same price signal during peak periods for the achievement of efficiency.

Journal ArticleDOI
TL;DR: In this article, a simple and small general equilibrium model is presented that allows one to simply investigate and explain the effects of higher energy prices, calibrated to the US experience over 1973-1979.

Journal ArticleDOI
TL;DR: In this paper, the use of an econometric model developed for the US Nuclear Regulatory Commission to conduct an independent assessment of electricity demand forecasts related to the licensing of nuclear power plants is discussed.

Journal ArticleDOI
TL;DR: The Averch-Johnson (A-J) thesis suggests that regulated utilities may tend to select production processes which are highly capital intensive as mentioned in this paper, and the results from developing and implementing the A-J theory within the context of an electric utility model used by the Energy Information Administration of the Department of Energy.

Journal ArticleDOI
TL;DR: In this paper, the authors present a simplified analytical approach which may be used to determine minimum economic stockpiles which are appropriate as initial goals for a stockpiling program, which prove to be rather insensitive to changes in all parameters except our perception of the likely magnitude of future disruptions.


Journal ArticleDOI
TL;DR: In this article, the authors present a model for estimating a quarterly econometric model for the USA for the 1973 to 1980 period, which is composed of four equations: the first three specify the energy consumed by each of the three sectors: residential-commercial, industrial and transport at period t to be a function of previous consumption of energy.

Journal ArticleDOI
TL;DR: In this article, the authors investigated how the first oil crisis affected energy demand in Korea and concluded that the impact of the first crisis was not serious enough to cause a structural change in oil demand.

Journal ArticleDOI
TL;DR: In this paper, the authors used a linear regression model to explore price and productivity differences between utility-owned coal and independent coal mines and found that the inefficiency of coal mines was not due to the regulation per se but rather the method of regulation to which the utility is subject.

Journal ArticleDOI
TL;DR: The GENESYS model of OPEC has been used to derive structural insights into the cartel and implied stresses under the assumption that most rivals are driven by short-run factors as discussed by the authors.


Journal ArticleDOI
TL;DR: In this paper, a project appraisal study of district heating for the city of Ghent (Belgium) is discussed, focusing on particular characteristics of the project, the assumptions made, results obtained, and policy implications.

Journal ArticleDOI
TL;DR: In this paper, the comparative metastatics of the theory of the mine in discrete time were derived for four cases: the price of the extracted resource is a fixed parameter or it is time-dependent; the cost function depends on cumulative extraction or it does not; and the qualitative content of the metastatic results is very substantial indeed.

Journal ArticleDOI
TL;DR: In this article, a general model of consumer choice of energy-using durable goods under uncertainty and energy rationing is presented, and demand functions for solar water heating equipment are derived using technological data and assumptions about future variables such as electricity prices.

Journal ArticleDOI
TL;DR: In this article, the authors deal with modelling the impact of the European integrated electrical network synergistically increases the economies and the service reliability of national subsystems, which has an influence on the optimal level of reserve capacity needed in each country.