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]
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.