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Interfuel substitution and technical change in the US electricity generating industry under the tradable sulphur allowance scheme: 1990–2004

Subtitle:
OIES paper: EV40
Abstract:

This paper uses monthly firm-level data to characterize fuel choice and technical change in the US electricity generating industry under the tradable sulphur allowance program. We use data covering the years 1990–2004 in a flexible translog cost function model to determine demand and substitution elasticities for the three main fossil fuel inputs (coal, oil, and natural gas) and the rate and direction of technical change. Capital is assumed fixed, implying a short run analysis. Three variable...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
2008-01-01
URN:
uuid:ef22b9c9-2e56-46e3-8562-6980f7de1f5a
Local pid:
ora:10580
ISBN:
978-1-901795-78-0

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