Economic and environmental aspects of energy use continue to hold the attention of the industry as well as policy makers. Relative energy prices are often used as a policy tool to influence energy demand, inter-fuel substitution and energy efficiency, thus also addressing climate change. This book presents an analysis of the inter-fuel substitution in industrial sectors in India using Translog cost functions. Energy use behaviour across industrial sectors can be inferred from the estimated price and substitution elasticities. This work is perhaps the first attempt to use a unique...
Economic and environmental aspects of energy use continue to hold the attention of the industry as well as policy makers. Relative energy prices are o...