The paper examines long-term strategies of capital modernization under different assumptions about embodied technological change, energy regulation, and substitutability between energy and capital. To describe modernization of physical capital, the authors use a vintage capital model with the...

In this paper, we aim to assess how the changes in aspects of demand impact the use of energy in the developing economies of Brazil, China, and India and the developed economies of Germany, the United Kingdom, and the United States. To achieve this objective, we use input–output matrices for...

As the world's largest developing economy, China plays a key role in global climate change and other environmental impacts of international concern. Environmentally extended input–output analysis (EE-IOA) is an important and insightful tool seeing widespread use in studying large-scale...

In this paper, we present a hybrid regional input–output model that enables us to compute the intensity measures of CO2 emissions in the state of Minas Gerais. The analysis uses a 2005 input–output matrix and presents the disaggregated data for 35 sectors. The results suggest that the...

To address the problem of global warming, it is important to identify the supply chain paths that drive changes in life cycle CO2 emissions and provide both policy makers and decision makers with the information on the critical paths in order to efficiently reduce the CO2 emissions. In this...

The present paper contributes to modeling a simple social accounting method with cumulative product lifetime distributions and argues how product lifetime extension affects income flow throughout the entire economic system. Empirical analysis focusing on automobile use (ordinary passenger...

This paper draws on Chinese survey data to investigate variations in carbon dioxide emissions across households with different income levels. Rich households generate more emissions per capita than poor households via both their direct energy consumption and their higher expenditure on goods and...

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is highly simplified, it incorporates many factors and some of the key tradeoffs that would influence...

In this paper, we estimate the demand for road diesel in Canada using aggregate annual data for the period 1986–2008. Using a partial adjustment model (PAM), we find short and long run price elasticities of −0.43 and −0.8 respectively. However, using cointegration techniques, we obtain...

This article aims to estimate the informational rents earned by winning bidders in oil and gas exploration and production auctions in Brazil. We estimate the distributions of bids and bidders' private valuations using a nonparametric structural model and assuming independence and asymmetry...