Estimation of a production technology: a survey of econometric analyses of steam-electric generation

Journal Article · Mon May 01 04:00:00 EDT 1978 · Land Econ.; (United States)

DOI:https://doi.org/10.2307/3146232· OSTI ID:6738918

Cowing, T G ^[1]; Smith, V K

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1. State Univ. of New York, Binghamton

Econometric studies that identify fuel, capital, and labor as the primary inputs of steam-electric production technologies are reviewed. Production function and input requirement studies were made by Komiya (1962), Galatin (1968) and Courville (1974); input demand studies by Barzel (1964, Dhrymes and Kurz (1964), McFadden (1964), Belinfante (1969), Cowes (1974), Boyes (1976), and Fuss (1970); cost equation studies by Nerlove (1963), Petersen (1975), and Christensen and Greene (1976); profit function by Atkinson-Halvorsen (1975). The studies generally agree that scale economies are possible and that labor and fuel savings accompany technical change. Further studies are called for to aid in understanding the implications of resource-allocation choices. 71 references.

• OSTI ID: 6738918
• Journal Information: Land Econ.; (United States), Journal Name: Land Econ.; (United States) Vol. 54:2; ISSN LAECA
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
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29 ENERGY PLANNING, POLICY, AND ECONOMY
296001* -- Energy Planning & Policy-- Electric Power Generation-- (-1989)
ALLOCATIONS
CAPITAL
COST
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMICS
ELECTRIC UTILITIES
ENERGY CONSUMPTION
FUEL CONSUMPTION
FUELS
INPUT-OUTPUT ANALYSIS
LABOR
POWER GENERATION
PRODUCTION
PUBLIC UTILITIES
STEAM GENERATION
TECHNOLOGY TRANSFER
TECHNOLOGY UTILIZATION