ESTIMATED ENERGY DEMAND FUNCTION AND SUBSTITUTION ELASTICITY BETWEEN INPUTS IN INDUSTRY SECTION: SEEMINGLY UNRELATED REGRESSION ESTIMATION

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SADRZADEH MOGHADAM SAEED; SADEGI ZEINAL ABEDIN; GHODS ELAHI AHMAD

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Journal: IRANIAN ENERGY ECONOMICS Year:2013 | Volume:2 | Issue:6 Page(s): 107-127

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Information Journal Paper

Title

ESTIMATED ENERGY DEMAND FUNCTION AND SUBSTITUTION ELASTICITY BETWEEN INPUTS IN INDUSTRY SECTION: SEEMINGLY UNRELATED REGRESSION ESTIMATION

Author(s)

SADRZADEH MOGHADAM SAEED | SADEGI ZEINAL ABEDIN | GHODS ELAHI AHMAD | Issue Writer Certificate

Keywords

ENERGY DEMANDQ2

INDUSTRY SECTIONQ2

SEEMINGLY UNRELATED REGRESSION ESTIMATIONQ2

SUBSTITUTION ELASTICITYQ2

PRICE ELASTICITYQ3

Abstract

This paper intends to estimate the ENERGY DEMAND function in INDUSTRY SECTION based on the two-stage optimization approach. Consequently, it defines the SUBSTITUTION ELASTICITY between inputs. ENERGY DEMAND estimation in various sections makes it feasible to define energy policies. At the first phase the key influential factors on the ENERGY DEMAND function estimation in INDUSTRY SECTION which is one of high consumption section, were defined and at the next phase the elements of ENERGY DEMAND were determined through logit function and SEEMINGLY UNRELATED REGRESSION ESTIMATION and price and SUBSTITUTION ELASTICITY were calculated.

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APA: Copy

SADRZADEH MOGHADAM, SAEED, SADEGI, ZEINAL ABEDIN, & GHODS ELAHI, AHMAD. (2013). ESTIMATED ENERGY DEMAND FUNCTION AND SUBSTITUTION ELASTICITY BETWEEN INPUTS IN INDUSTRY SECTION: SEEMINGLY UNRELATED REGRESSION ESTIMATION. IRANIAN ENERGY ECONOMICS, 2(6), 107-127. SID. https://sid.ir/paper/244824/en

Vancouver: Copy

SADRZADEH MOGHADAM SAEED, SADEGI ZEINAL ABEDIN, GHODS ELAHI AHMAD. ESTIMATED ENERGY DEMAND FUNCTION AND SUBSTITUTION ELASTICITY BETWEEN INPUTS IN INDUSTRY SECTION: SEEMINGLY UNRELATED REGRESSION ESTIMATION. IRANIAN ENERGY ECONOMICS[Internet]. 2013;2(6):107-127. Available from: https://sid.ir/paper/244824/en

IEEE: Copy

SAEED SADRZADEH MOGHADAM, ZEINAL ABEDIN SADEGI, and AHMAD GHODS ELAHI, “ESTIMATED ENERGY DEMAND FUNCTION AND SUBSTITUTION ELASTICITY BETWEEN INPUTS IN INDUSTRY SECTION: SEEMINGLY UNRELATED REGRESSION ESTIMATION,” IRANIAN ENERGY ECONOMICS, vol. 2, no. 6, pp. 107–127, 2013, [Online]. Available: https://sid.ir/paper/244824/en

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