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Economic and technological models for evaluation of energy policy

Journal Article · · Bell J. Econ.; (United States)
DOI:https://doi.org/10.2307/3003296· OSTI ID:7212477
 [1];
  1. Brookhaven National Lab., Upton, NY

Models for energy policy assessment have been developed using both process analysis and econometrics. The process approach provides for the incorporation of information on future technological and structural changes based on detailed engineering studies. The econometric approach is well adapted to the description of aggregative consumer behavior and economic activity. This paper presents a new approach for policy assessment, integrating process analysis and econometric models that have been used extensively in energy policy analysis and technology assessment. The application of this approach is illustrated by an analysis of a national research, development, and demonstration plan for the U.S.

OSTI ID:
7212477
Journal Information:
Bell J. Econ.; (United States), Journal Name: Bell J. Econ.; (United States) Vol. 8:2; ISSN BJECD
Country of Publication:
United States
Language:
English