G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
An Econometric Model of Production with Endogenous Improvement in Energy Efficiency 1970-1995
Klaus Conrad
发表日期1998
出处Climate Change and Sustainable Development
出版年1998
语种英语
摘要The purpose of this paper is to introduce a modification of a standard four input production process where energy is used in an inefficient way due to partly unnecessary waste of energy. In this production process, R&D investment is an additional input in order to improve energy efficiency. It closes the gap between energy purchased and energy used effectively. The more is invested, the less is the waste of energy. With the cost and benefit of R&D investment incorporated in our model of the firm, we analyze the impact of an energy tax on R&D effort, on output and on the waste of energy. The model is implemented empirically by choosing a translog cost function and a set of first-order conditions, using data for the German chemical industry, 1970-1995. In a simulation study based on higher energy prices we found outsourcing as the consequent reaction of the firm - more material is used and less of energy, labor, and capital, given the unchanged output level. There is no indication of a double dividend in terms of environmental improvement as well as higher demand for labor on the industry level calling for a computable general equilibrium approach in order to answer this open question.
特色分类C51,D21,O31,Q41,Q48
关键词Production process,Energy demand,Energy saving technical change,Process R&D expenditures,Energy tax
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/an-econometric-model-of-production-with-endogenous-improvement-in-energy-efficiency-1970-1995/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116357
推荐引用方式
GB/T 7714
Klaus Conrad. An Econometric Model of Production with Endogenous Improvement in Energy Efficiency 1970-1995. 1998.
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