This article proposes the way to choose the optimal bundle among inputs by combing the translog cost function and Constant-Elasticity-of-Substitution (CES) function. The translog cost function is applied to select the most appropriate nested structure by estimating elasticities of substitution...

This paper chooses the 36 industry sub-sectors as samplings, based on the data sets of added value and end-use energy consumption from 1993 to 2003 of China. By implying the improved index decomposition methods, ADMI and LMDI, the models are formulated. The results obtained show that structure...

This study provides technological change, factor demand and inter-factor substitutability measures for China electricity industry. We use individual fuel price data and translog factor cost function approach to estimate total factor cost functions and fuel share equations. The implied price and...

The elasticity of substitution between energy and non-energy is a key parameter in quantifying distributional impacts of energy and environmental policies. However, the empirical results of energy substitution are contradictory. The source of discrepancies in the results remains controversial,...

Energy substitution is considered as a key process to determine the economic outcome of decisions related to energy and environment policies. The sign and magnitude of energy substitution have been widely debated, and the results are divergent. This paper applies the translog cost function...

The relationship among political connections, government subsidies and firm financial performance of wind and solar manufacturing companies is analyzed based on panel data model. The results illustrate that government subsidies, in long and short-terms, have significant positive effects on the...

Economic environmental dispatch (EED) is a significant optimization problem in electric power system. With more wide spread use of wind power, it is necessary to include wind energy conversion system (WECS) in the EED problem. This paper presents a model to solve the EED problem incorporating...

The heterogeneities of production technology among provinces in China cause difficulties for unbiased evaluation of energy efficiency. Using meta-frontier data envelopment analysis (DEA) approach, this paper proposes a new method for measuring energy efficiency by considering the “technology...

This study applies Hilbert–Huang transform (HHT) and event study methods to estimate the impacts of oil price shocks on China’s macroeconomy. The HHT method is used to quantify the intensity of each shock and select target shocks for event study. Event study method is used to model the...

The decision on the location of a straw-based power generation plant has a great influence on the plant’s operation and performance. This study explores traditional theories for site selection. Using integer programming, the study optimizes the economic and carbon emission outcomes of...