Interfuel Substitution: A Meta Analysis
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]
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|Source:||Journal of Economic Surveys|
|01_Stern_Interfuel_Substitution:_A_Meta_2012.pdf||543.57 kB||Adobe PDF||Request a copy|
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