scispace - formally typeset
Search or ask a question

Showing papers in "Energy Economics in 1984"


Journal ArticleDOI
TL;DR: In this paper, the casuality between GNP and energy consumption was examined by using updated US data for the period 1947-1979, and the causal relationship between energy consumption and employment was investigated.

440 citations


Journal ArticleDOI
TL;DR: In this paper, a vehicle stock-adjustment model was proposed to estimate the long-run price elasticity of gasoline demand in the USA, with time lags exceeding six years.

94 citations


Journal ArticleDOI
TL;DR: In this article, the elasticity of energy use with respect to national output has been estimated by various methods with sometimes seemingly contradictory results, and the authors attempt to reconcile these various estimates by modelling the energy-output ratio and deriving the corresponding cross-section and time-series elasticities from this model.

60 citations


Journal ArticleDOI
TL;DR: In this article, the authors investigated the interrelated paths of economic growth and energy demand, in the case of an industrializing economy, through the use of numerous econometric models and found that substitution among capital, labour and energy does take place, though to a limited extent, as indicated by the aggregate measure of energy/non-energy substitution elasticity.

59 citations


Journal ArticleDOI
TL;DR: In this paper, the exploratory and production potential of an aggregated geographical region in terms of the past history of exploration and production at the field level is summarized by a new method.

33 citations


Journal ArticleDOI
TL;DR: In this article, the authors examined the overall economics of the Sizewell B pressurized water reactor project in the UK from the point of view of uncertainty surrounding key variables.

16 citations


Journal ArticleDOI
TL;DR: In this paper, a short run model of aggregate supply is developed, estimated and tested for overall performance, and then calibrated to the experience of the 1973-1979 period, and a positive feature of the model adopts a generalized multisector framework in which an energy sector is explicitly introduced in construction of the aggregate supply function.

16 citations


Journal ArticleDOI
TL;DR: In this paper, the authors formulate a gasoline market model and test empirically the disequilibrium features of the market that may have been caused by either imperfect price adjustments or institutional price constraints.

14 citations


Journal ArticleDOI
TL;DR: In this paper, a functional form for total petroleum consumption as well as for gasoline, distillate, and residual fuel was used to test US oil consumption for structural change over the period 1967-1982.

13 citations


Journal ArticleDOI
TL;DR: In this article, the authors examined the methodological issues of the debates surrounding the problem of measuring energy consumption and the use of the concept of energy coefficients and investigated the Brookes' hypothesis of a development effect on energy consumption.

13 citations


Journal ArticleDOI
TL;DR: In this article, a multi-period linear programming model, suitable for energy technology assessment, was used to analyse the effect on the optimal long-term energy strategy for Australia, of using discount rates over the range 2-10%.

Journal Article
TL;DR: In this paper, the authors developed a gasoline market model and test impirically the disequilibrium features of the market caused by either imperfect price adjustments or institutional price constraints, and the estimates indicate that price adjustments lag behind the magnitude required to achieve full adjustment in the gasoline market.

Journal ArticleDOI
TL;DR: In this paper, the authors compared the short and medium run adjustment pressures arising from the second oil price shock in four oil-poor developing countries (Ivory Coast, Kenya, South Korea, Turkey).

Journal ArticleDOI
TL;DR: In this paper, a comparative cost analysis was performed on two transport alternatives for moving coal from the Western US High Plains, and the coal slurry pipeline proposed by Energy Transportation Systems Inc and the unit train alternative were analysed.

Journal ArticleDOI
TL;DR: In this paper, a Hawaii energy flow matrix is constructed using the 1977 Hawaii input-output table to assess each sector's direct energy intensity and total (direct and indirect) energy intensities, and formulate as a linear programming problem for evaluating the impacts of energy shortages.

Journal ArticleDOI
TL;DR: It is shown that, in an intertemporal optimization framework, the user's cost can be measured by the marginal replacement cost (MRC) of the resource, defined as the cost of adding one unit to the stock of theresource.

Journal ArticleDOI
TL;DR: In this paper, the energy and output impact of an income redistribution in Brazil are simulated by means of a static semi-closed input-output model, and it is suggested that more equitable size income distributions increase output and the employment-output and energy-output ratios.

Journal ArticleDOI
TL;DR: This article used household expenditure survey data and alternative functional specifications of Engel's laws to establish an empirical pattern of disaggregate energy demand characterized by different demographic attributes for use in a combined panel data model of energy consumption and impact in Australia.

Journal ArticleDOI
Sandra Hutton1
TL;DR: The authors analyzed the fuel expenditure data in three surveys, looking particularly at the importance of household income and found that household size, the size and type of accomodation, and the presence of central heating are more direct influences on fuel expenditure than income.

Journal ArticleDOI
TL;DR: In this paper, the authors discussed the dimensioning and capacity utilization of a hydroelectric power system when uncertainty in supply and demand is taken explicity into consideration, and showed how the optimal sales of firm power depend on properties of the long-term and short-term demand curves.

Journal ArticleDOI
TL;DR: In this paper, the authors analyzed electricity tariffs in Sweden based on the theory of public utility pricing and found that the coordinated pricing system used among power producers in the Nordic countries is an almost ideal application of this theory.

Journal ArticleDOI
TL;DR: In this paper, the authors show how the short run becomes the long run and how the two may be happily married while preserving the differences of short run and long run energy interactions.

Journal ArticleDOI
TL;DR: In this article, the authors endogenize OPEC's pricing policy recognizing that oil price changes affect the real income of oil importers, and that changes in the real revenue of importers affect price changes.

Journal ArticleDOI
TL;DR: The main purpose of as mentioned in this paper is to highlight the influence of the main characteristics of hydropower on the choice of an optimal generating plant mix and to evaluate the marginal costs of providing additional power for every hour of the year.

Journal ArticleDOI
TL;DR: In this article, the authors examine US macroeconomic data, 1947-1980, and conclude that declining oil and energy prices are not a business cycle phenomenon; indeed, the evidence offers support for the reverse causation -that energy prices cause business cycles.

Journal ArticleDOI
TL;DR: In this article, the authors argue that a very large part of the intercountry variation in energy intensity per unit of economic activity is readily explained by the mix of national income Within that mix there are additional factors relating to the role of heavy energy-using industries such as aluminium, cement and chemicals.

Journal ArticleDOI
TL;DR: In this article, the economics of five cooling systems (two conventional vapour compression systems and three solar cooling systems) are discussed and compared for different occupancies and capacities on the basis of respective life-cycle costs per unit of refrigeration output.

Journal ArticleDOI
TL;DR: In this article, a method for forecasting national energy output and emissions by detailed energy sector is developed by linking the INFORUM Model, the ESNS Network, and pollution coefficients.

Journal ArticleDOI
TL;DR: In this article, the elasticity of substitution between energy and other inputs is calculated and the possibility of energy conservation is taken into account, and the authors argue that this approach need to be taken a step further and elasticities of substitution should be calculated.