Estimated fuel price elasticities are consistent with reactions following the second major oil shock, having been significantly different from reactions to its predecessor. In turn, elasticities for both sub-periods are not well represented by those estimated for 1960-1982 as a whole

Strict conditions for a two-stage translog expenditure shares model are violated. A single- stage homothetic symmetry/equality model is rejected in favour of a non-homothetic equality model. International own-price elasticities derived from the latter for oil, gas, coal and electricity are...

We present Turkey’s manufacturing-sector innovation data and, for the first time, analyze likely relationships among GDP growth, sectoral innovation intensities, energy consumptions, and energy-saving potentials. We detect a power-law-like relationship between the projected energy-saving...

The role of policy (among various other factors) in determining the stability of the power supply and electricity rates is becoming more important. Policy-based pressure on rising electricity prices is expected to intensify as countries prepare stronger environmental regulations in an...

Energy intensity in the OECD manufacturing sector has been falling since the oil crises in the 1970s. Studies in energy intensity identified that spatial considerations are important, and there exists a great deal of heterogeneity in energy intensities amongst countries and sectors. This paper...

Determination, from the annual observations on the period 1960-79, elasticity of the request of a combustible in comparison with his price and in comparison with the prices of the combustible others in seven countries of the OECD

In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral industry level. This enables us to reap the benefits of lower heterogeneity within the electricity-consuming sectors investigated and of retaining additional information...

This paper examines labour productivity convergence in manufacturing of the planned and market economies in the setting of the oil price shocks of the 1970s. Using the wiiw COMECON Dataset and the KLEMS dataset, the paper constructs a single-digit industry-level productivity metric for selected...