Energy price shocks, input price changes, and developmental implications : a translog model applied to Puerto Rico

by José I. Alameda and Arthur J. Mann

The energy shocks of the 1970s that altered the relative price relationships between factor inputs and induced structural changes are analysed with the use of a translogerithmic cost function that incorporates the inputs of capital, labour and energy. The developmental implications of these structural changes on a small, open and energy importing region are emphasized, taking the case of Puerto Rico as an example

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Year of publication:	1989
Authors:	Alameda, José I.
Other Persons:	Mann, Arthur J. (contributor)
Published in:	The journal of development studies : JDS. - Abingdon, Oxfordshire : Routledge, ISSN 0022-0388, ZDB-ID 3018-1. - Vol. 25.1989, 3, p. 329-343
Subject:	Puerto Rico \| Energiemarkt \| Energy market \| Kostenfunktion \| Cost function \| Strukturwandel \| Structural change \| Theorie \| Theory \| 1956-1982

Extent:	5 Tab., Lit. S. 343
Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015104297