Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055414 | Economic Modelling | 2011 | 10 Pages |
Abstract
⺠Energy may enter a nested CGE model production function in different ways. ⺠We examine the impacts of alternative specifications for a simple demand shock. ⺠The CGE model results are sensitive to how energy enters the production function. ⺠Sensitivity arises when relative prices change and/or elasticities vary across the production function.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Patrizio Lecca, Kim Swales, Karen Turner,