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Interfuel Substitution: A Meta Analysis

Stern, David


This paper provides the first meta-analysis of the interfuel substitutability literature. The sample includes 47 studies of interfuel substitution in the industrial sector, in manufacturing industry or manufacturing sub-industries, or in the macro-economy of a variety of developed and developing countries. Meta-regressions are estimated for the six shadow elasticities of substitution between coal, oil, gas and electricity. I find that at the level of the industrial sector as a whole the...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
Source: Journal of Economic Surveys
DOI: 10.1111/j.1467-6419.2010.00646.x


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