Journal ArticleDOI
Impacts of technological change on factor substitution between energy and other inputs within US agriculture, 1950-79.
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In this paper, the elasticity of substitution between a number of input pairs in agriculture can vary by substantial amounts depending on the time period used for the estimation Energy in agriculture, which was a complement for machinery in the 1950s, was a substitute by the 1970s.About:
This article is published in Energy Economics.The article was published on 1990-01-01. It has received 31 citations till now. The article focuses on the topics: Elasticity of substitution.read more
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Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis
TL;DR: In this article, a meta-analysis of capital-energy substitution elasticities is presented, where the authors distinguish between Morishima elasticities, which measure technological substitution potential, and cross-price elasticities which measure actual percentage changes in capital demand in response to energy price changes.
Journal ArticleDOI
China's Energy Economy: Technical Change, Factor Demand and Interfactor/Interfuel Substitution
TL;DR: In this article, partial elasticities of factor and energy substitution, and price elasticity of energy demand, are calculated for China using a two-stage translog cost function approach.
Journal ArticleDOI
The Capital-Energy Substitutability Debate: A New Look
Peter Thompson,Timothy G. Taylor +1 more
TL;DR: The authors calculated the Morishima elasticity of substitution between capital and labor and found no excessive variability, nor any evidence of the time-series/cross-section dichotomy between cross-sectional and time series studies.
Journal ArticleDOI
China's energy economy: Technical change, factor demand and interfactor/interfuel substitution
TL;DR: In this paper, partial elasticities of factor and energy substitution, and price elasticity of energy demand, are calculated for China using a two-stage translog cost function approach.
Journal ArticleDOI
Why energy productivity is increasing: An I-O analysis of Swedish agriculture
TL;DR: In this article, a combination of process and I-O analyses is used to investigate relationships between several kinds of energy uses, product compositions and technical change in Swedish agriculture, based on comparisons of three development stages in the transition period from 1956 to 1993.
References
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Transcendental logarithmic production frontiers
TL;DR: Ebsco as mentioned in this paper focuses on additive and homogeneous production possibility frontiers that have played an important role in formulating statistical tests of the theory of production and characterizes the class of production possibility frontier that are homogeneous and additive.
Journal ArticleDOI
Technology, Prices, and the Derived Demand for Energy
Ernst R. Berndt,David O. Wood +1 more
TL;DR: In this article, an industrial demand for energy is essentially a derived demand: the firm's demand for the energy is an input, derived from demand for a firm's output, which is an output.
Book
Microeconomic Theory: A Mathematical Approach
TL;DR: In this article, the authors proposed a mathematical approach for microeconomic theory, which is based on the mathematical approach of a mathematical model of the economic system, using a mathematical method.