Showing papers in "Energy Economics in 1993"

TL;DR: In this paper, the causal relationship between GDP and energy use for the period 1947-90 in the USA was examined by both biophysical and neoclassical economists in particular, several studies have tested for the presence of a causal relationship (in the Granger sense) between energy use and economic growth.

TL;DR: In this paper, the authors examine the theory of the market for energy-using equipment, showing that problems of imperfect information and transaction costs may bias rational consumers to purchase devices that use more energy than those that would be selected by a well-informed social planner guided by the criterion of economic efficiency.

TL;DR: In this article, short and long-run energy demand elasticities are estimated on Danish annual data for 1948-1990 using Cointegration and error-correction methods, and no evidence is found of a structural break in energy demand caused by the increases in real energy prices since 1973/74.

TL;DR: In this article, a market composed of several competing technologies with geographically heterogeneous cost distributions is examined and an approach for determining both the market share and average market cost of energy produced by these technologies is derived.

TL;DR: In this article, the authors examined the effects of structural change and improvements in energy intensities of individual industries in aggregate industry energy intensity changes in China during 1980-88 The Divisia index is used to decompose the energy intensity effect and structural effect.

TL;DR: In this paper, empirical analyses of energy-related expenditures reported on individual income tax returns confirm the importance of household income, energy price increases and climate conditions in determining energy conservation investments.

TL;DR: In this article, the responsiveness of the quantity of electricity and total energy demanded for Black, Hispanis, and Majority households to price and income was measured by a variable elasticity demand model.

TL;DR: In this article, the authors theoretically derived the impact of changes in the household's income on its trash recycling effort and derived the expression for the change in the amount recycled with a change in income.

TL;DR: In this paper, the authors apply the ordered logit model to estimate individual household electricity demand in Korea, using the energy census data conducted by Korea Energy Economics Institute in 1990, and propose how to aggregate the residential electricity demand from this disaggregate analysis by applying the probability model.

TL;DR: In this paper, a Divisia index approach was used to disaggregate changes in the aggregate energy intensity of the Ontario industrial sector into structural and intensity components, the first component measuring changes due to shifts in the composition of industrial sector output, the second measuring energy intensity shifts of individual industries.

TL;DR: In this paper, a decision-making model of oil production in Indonesia is presented to determine the expected monetary value of the project and then evaluate the possible values of the parameters in the model.

TL;DR: In this article, alternative ratchet specifications are embedded in an aggregate production function for private sector output and estimated using US data and the major finding is that the relationship between relative energy prices and output is highly asymmetrical.

TL;DR: In this article, the authors compared nine different world oil models for aggregate oil demand within the developed countries of the Organization of Economic Cooperation and Development (OECD), based upon scenario results reported for the 1989-2010 period in a recent model comparison study.

TL;DR: In this article, the results of a simple cointegration analysis applied to bivariate causality models using data on resource output, oil prices, terms of trade, current account and output growth were investigated to investigate the long-term relationships in the sense of Granger among these major macroeconomic aggregates.

TL;DR: In this article, the authors used the US Energy Information Administration's Oil Market Simulation model to evaluate the ability of a target-capacity rule to satisfy OPEC's economic objectives, and they showed that when demand and supply lags exist OPEC's optimal price path may consist of periods of low prices followed by a one or two period price shock.

TL;DR: In this article, the operating experience of nuclear power plants in Eastern and Western Europe, the former Soviet Union and the United States to investigate differences in the effects of learning, technical change and the effect of recent political developments.

TL;DR: In this article, the authors construct a regionally diversified and integrated equilibrium model of production, transmission and distribution of hydroelectricity and consider alternative routes for assessing the size of hydro rent in a long-run perspective.

TL;DR: In this article, the authors explored the empirical question of whether increased operating costs caused by new source bias are larger than the cost savings of newer technology and found that if new sources do have higher operating costs, an incentive exists to utilize order plants more intensively.

TL;DR: In this paper, partial-equilibrium social welfare deadweight losses under uniform Ramsey pricing, a cost allocation pricing method, and the actual average revenues by customer class for two natural gas distribution utilities are calculated and compared.

TL;DR: This paper describes the application of time-series modelling techniques to electricity consumption data for a particular power board by considering the possibility of predicting the inputs to the models, when a forecasting approach is required.

TL;DR: In this paper, the Herfindahl index and the entropy measure are used to map out the diversification of primary energy consumption in six West European countries for the period 1969-1989.

TL;DR: In this paper, the effect of the oil shock of 1973 on US gasoline demand by examining the price elasticities of demand before and after the 1973 embargo was examined. But, unlike standard regression techniques, non-parametric methods neither assume a functional form for the demand relation nor restrict the distribution of the dependent variable.

TL;DR: In this paper, energy consumption in Western Australia is forecast with Bayesian vector autoregressions to 2010, and it is shown that coal will remain a major source of energy in Australia.

TL;DR: In this article, a new sustainable growth model is developed which enables the evaluations of the interdependence of financial objectives, operational performance and sustainable growth in the energy industry, including both the effect of inflation and growth produced from equity issues.

TL;DR: In this article, the authors examined the relationship between petroleum futures trading, market information and spot prices and found that traders seem better informed with futures trading although the advantages of increased market information might potentially be undermined by increased price volatility as in the case of regular gasoline.

TL;DR: In this article, a nonparametric approach based on B-splines is used to analyse the impact of the Canadian Oil Substitution Program (COSP) on the choice of heating systems in the residential sector in Canada and in Quebec.

TL;DR: In this article, a model is developed in which the volume of spilled oil causing environmental damage is reduced, first by spill prevention expenditures by shippers and then by clean-up expenditures by the government.

TL;DR: In this article, the authors extend the theory of reliability by developing it in the context of the positive theory of public enterprise and show that price changes may be superior to capacity changes as a guide to changes in reliability.

TL;DR: It is demonstrated that least cost planning within an equilibrium system provides the basis for identifying the appropriate scope of any individual DSM programme or group of DSM programmes.

TL;DR: In this article, three measures of national income and expenditure at constant prices are defined for individual economic sectors, in an input-output framework, to explain differences due to changing relative prices of sector inputs and outputs.