Industrial Demand for Energy / Robert Halborsen.

By:

Halborsen, Robert

Contributor(s):

National Bureau of Economic Research

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w0166.Publication details: Cambridge, Mass. National Bureau of Economic Research 1977.Description: 1 online resource: illustrations (black and white)Online resources:

Available additional physical forms:

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Abstract: In this study we examine the characteristics of industrial demand for energy, which accounts for more than one-fourth of annual energy consumption in the United States. Our research has been focused on four topics: 1. interfuel substitution in two-digit industries; 2. substitution among energy, capital and labor; 3. technical change in energy use; and 4. dynamic structure of energy demand. The results indicate that technical change has occurred through factor augmentation at unequal rates. Statistically significant labor-using and material-saving biases are found. There also appears to have been a small energy-saving bias, but it is not statistically significant.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w0166 (Browse shelf(Opens below))	Not For Loan

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March 1977.

In this study we examine the characteristics of industrial demand for energy, which accounts for more than one-fourth of annual energy consumption in the United States. Our research has been focused on four topics: 1. interfuel substitution in two-digit industries; 2. substitution among energy, capital and labor; 3. technical change in energy use; and 4. dynamic structure of energy demand. The results indicate that technical change has occurred through factor augmentation at unequal rates. Statistically significant labor-using and material-saving biases are found. There also appears to have been a small energy-saving bias, but it is not statistically significant.