Inter-Fuel Substitution, Energy Demand and Embodied Technical Change

Arbeitspapier

This paper describes final energy demand for different fuels at a disaggregated level of 12 activities of the economy plus households. The model used combines single equations for total final energy demand with translog functions for inter-fuel substitution. At both stages embodied and unembodied technical change is taken into account by a cost function with fixed inputs. At the stage of total energy demand this fixed input is the capital stock (where technology is embodied). At the stage of inter-fuel substitution the fixed inputs are non-fossil fuels (biomass, heat), which represent fossil-fuel saving or using technologies. Estimation results for the single equations and for the interfuel tanslog functions for the 13 activities are presented for Austria.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIFO Working Papers ; No. 111

Classification and Topics

• Classification: Wirtschaft ; Energy: Demand and Supply; Prices ; Model Construction and Estimation ; Technological Change: Choices and Consequences; Diffusion Processes
• Subject: Translog functions ; fuel substitution ; embodied technical change ; Energiesubstitution ; Energiekonsum ; Technischer Fortschritt ; Österreich

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kratena, Kurt
• Event: Veröffentlichung
• (who): Austrian Institute of Economic Research (WIFO)
• (where): Vienna
• (when): 1999

Further information

• Handle: http://hdl.handle.net/10419/128666
• Last update: 10.03.2025, 11:41 AM CET