Generalized model for fuel choices with application to the paper industry
Journal Article
·
· Energy Syst. Policy; (United States)
OSTI ID:6719946
- Oak Ridge National Lab., TN
This paper presents a generalized fuel-choice model in which restrictive constraints on cross-price coefficients need not be imposed, but all demand elasticities are uniquely determined. The model is applied to estimating aggregate energy demand and fuel choices for the pulp and paper industry. The structural equations are estimated by a generalized least-squares procedure using state-level census data for 1971 and 1974. The econometric results support the argument that third-price coefficients should not be constrained in estimating relative market-share equations. 14 references, 5 tables.
- DOE Contract Number:
- W-7405-ENG-26
- OSTI ID:
- 6719946
- Journal Information:
- Energy Syst. Policy; (United States), Journal Name: Energy Syst. Policy; (United States) Vol. 4:4; ISSN ESYPB
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320300* -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes
CARBONACEOUS MATERIALS
COAL
DEMAND
ECONOMIC ELASTICITY
ENERGY DEMAND
ENERGY MODELS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUEL OILS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
INDUSTRY
LEAST SQUARE FIT
LIQUID FUELS
MATERIALS
MAXIMUM-LIKELIHOOD FIT
NATURAL GAS
NUMERICAL SOLUTION
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PAPER INDUSTRY
PETROLEUM PRODUCTS
WOOD PRODUCTS INDUSTRY
290100 -- Energy Planning & Policy-- Energy Analysis & Modeling
290200 -- Energy Planning & Policy-- Economics & Sociology
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320300* -- Energy Conservation
Consumption
& Utilization-- Industrial & Agricultural Processes
CARBONACEOUS MATERIALS
COAL
DEMAND
ECONOMIC ELASTICITY
ENERGY DEMAND
ENERGY MODELS
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUEL OILS
FUEL SUBSTITUTION
FUELS
GAS FUELS
GASES
INDUSTRY
LEAST SQUARE FIT
LIQUID FUELS
MATERIALS
MAXIMUM-LIKELIHOOD FIT
NATURAL GAS
NUMERICAL SOLUTION
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PAPER INDUSTRY
PETROLEUM PRODUCTS
WOOD PRODUCTS INDUSTRY