Substitute or complement? Assessing renewable and nonrenewable energy in OECD countries

研究成果: ジャーナルへの寄稿学術誌査読

45 被引用数 (Scopus)

抄録

The elasticity of interfuel substitution between renewable and nonrenewable energy is key to establishing effective climate change policy. This is the first study to estimate the elasticity of substitution between different fossil fuels and renewable resources. We used 12 manufacturing industry-level datasets for the OECD countries from 1995 to 2009. We found a complementary relationship from nonrenewable energy to renewable energy in eight industries, whereas a substitute relationship was maintained for four industries. In particular, the food and pulp industries had a strong complementary relationship.

本文言語英語
ページ(範囲)1438-1459
ページ数22
ジャーナルApplied Economics
47
14
DOI
出版ステータス出版済み - 3月 22 2015

!!!All Science Journal Classification (ASJC) codes

  • 経済学、計量経済学

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