Showing papers in "Energy Economics in 1998"

TL;DR: In this paper, a complete decomposition model for the decomposition of the changes in the world energy consumption, energy intensity in 1973-1990 has been presented, where the residual term is considered as an interaction.

TL;DR: In this paper, the authors used meta-analysis to determine if there are factors that systematically affect price and income elasticity estimates in studies of gasoline demand, and four econometric models were estimated, using long-run and short-run prices and income estimates from previous studies as the dependent variables.

TL;DR: In this paper, the complementarity format is used in computable general equilibrium (CGE) modeling for a hybrid description of economy-wide production possibilities where energy sectors are represented by bottom-up activity analysis and the other production sectors are characterized by top-down regular functional forms typically belonging to the constant-elasticity-of-substitution (CES) family.

TL;DR: In this paper, the authors consider irreversible efficiency improvements as a major reason for the moderate growth in energy demand after the plummeting of the oil price in 1985 and test different econometric models to take into account efficiency indicators.

TL;DR: In this article, an econometric estimation of substitution elasticities of a nested constant elasticity of substitution production function (CES) between capital, energy and labour for the West German industry is presented.

TL;DR: In this paper, a coupled carbon-cycle and energy systems engineering model was used to analyze the future time path of carbon emissions under an illustrative CO2 concentration stabilization limit of 550 ppm.

TL;DR: In this article, the Adaptive Weighted Divisia rolling base year index specification is applied to total carbon emissions from the manufacturing sector of 10 OECD countries for the period 1971-1991.

TL;DR: In this paper, simple representations of endogenous and induced technical change have been used to explore the sensitivity of mitigation cost estimates to how technical change is represented in energy economics models, and the sensitivity analysis has revealed four robust insights: (i) if endogenous technical change was assumed, expected business as usual emissions are higher than otherwise estimated, nevertheless, while 25% greater CO2 control is required for meeting the CO2 concentration target, the cost of mitigation is 40% lower; (ii) if technical progress in oil and gas discovery and recovery is assumed, energy use and CO2 emissions increase by

TL;DR: In this article, the authors present results from an integration project covering Danish models based on bottom-up and top-down approaches to energy-economy modelling and identify theoretical and methodological problems for integrating existing models for Denmark and to implement an integration of the models.

TL;DR: In this paper, the relative strengths and weaknesses of a variety of economic modelling approaches commonly used for cost estimates for limiting carbon emissions, including the ad hoc approach, dynamic optimization approach, input-output approach, macroeconomic approach, computable general equilibrium approach and the hybrid approach, are assessed.

TL;DR: In this article, a methodology is proposed for estimating ''status quo effects'' (resistance to change) and ''loss aversion'' (willingness to pay is less than willingness to accept) from consumer survey data.

TL;DR: In this paper, the responsiveness of heating energy demand to pricing is shown to be dependent on temperature and vice versa, using residential electricity demand data obtained under conditions of price variation from a British time-of-use pricing experiment.

TL;DR: In this paper, the authors explored the economic characteristics of the US ethanol market and highlighted the importance of the state and federal incentives and mandates, along with transportation costs, in making corn-based ethanol an attractive alternative to gasoline.

TL;DR: In this article, a two-sector version of the STARTS model is used to study how sectorally differentiated inertia impacts on the optimal CO2 emission abatement policies. But the authors focus on the most flexible sector, i.e., the industry.

TL;DR: In this article, the authors define an option value for a precautionary climate policy, and expose how option value relates to the expected value of future information using quantitative data from an integrated assessment model.

TL;DR: In this article, a computable general equilibrium model of the Pakistan economy is introduced to carry out policy oriented short-term studies especially for the energy sector and an illustrative application of the model shows its capability to provide detailed information which are useful in analysis of a policy issue.

TL;DR: In this paper, the potential for noncompetitive pricing in the new south eastern Australian electricity market is quantified and an empirical model of strategic pricing behavior is presented and various bidding games are examined.

TL;DR: In this article, different estimation procedures for the embodied energy intensities of imports are presented for a number of countries within OECD-Europe within a specific economic structure, and the average energy intensity of the region in which the country is situated.

TL;DR: In this article, a monitoring method was developed with which changes in the energy consumption of a country can be analyzed using physical instead of economic indicators of activity whenever possible, and the method distinguishes between the influences of improved energy efficiency and structural changes.

TL;DR: The effectiveness of conservation tillage practices in reducing the impact of agricultural production on the environment is dependent on what happens to energy, pesticide and fertilizer use as these practices are more extensively adopted as mentioned in this paper.

TL;DR: A brief overview of the most recent advances of economic-environmental quantitative modelling can be found in this paper, where two methodological issues are emphasised: the treatment of uncertainty and the endogenisation of technical progress.

TL;DR: In this paper, an analysis of a nuclear phase-out scenario and a scenario of accelerated dismantling of coal subsidies within a dynamic general equilibrium model for Germany is presented, and it is conjectured that policy making on these issues is likely to be based on politics rather than strictly macroeconomic considerations.

TL;DR: In this paper, a deterministic dynamical system capturing the structure of an integrated climate model is reformulated into a stochastic dynamical model, and the model's uncertainty is measured in terms of properties of probability distributions of the state variables.

TL;DR: In this paper, substitution elasticities between electricity, production and non-production labor, and capital in Alabama's textiles, paper, chemicals and primary metals industries are estimated, showing a trend toward more capital intensive techniques.

TL;DR: In this article, the basic stylized facts of energy price movements using monthly data for the period that energy has been traded on organized exchanges and the methodology suggested by Kydland and Prescott were systematically investigated.

TL;DR: In this paper, the authors measured the effects of purchase prices on the household's choice of the number of AC units, using a subsample of the 1992 survey by the Central Research Institute of Electric Power Industry in Japan.

TL;DR: Analytical and numerical analyses confirm the hypothesis that the importance of early action is enhanced relative to that of postponed action if current policy-makers want to meet a cumulative emission contraint in expectation, and that the preferred policy trajectory does not qualitatively deviate from one suggested by a standard cost-effective trajectory.

TL;DR: In this article, the authors used an econometric approach to identify cyclical and trend components for both the structural and intensity indices, the cyclical component being due to changes in industrial output, the trend component likely due to changing in technology and consumer preferences.

TL;DR: In this article, the authors conceptualized power in a non-linear model with social conflict and induced technical change, and assessed three different ways of government control: energy taxes, energy and labor subsidies, and energy caps.

TL;DR: In this paper, a multi-output model of marketing and customer accounting costs in the BG regions is presented, showing that suppliers who already have a large market share in the non-domestic market will have a competitive advantage when the domestic market is liberalised in 1998.