Measuring the energy input substitution and output effects of energy price changes and the implications for the environment

Energy Policy ◽  
2019 ◽  
Vol 133 ◽  
pp. 110919 ◽  
Author(s):  
Akinsehinwa Sharimakin
Keyword(s):  
Energy Input ◽  
Energy Price ◽  
Price Changes ◽  
Input Substitution

Microsimulating the Effects of Household Energy Price Changes in Spain

2004 ◽  
Author(s):  
Miguel Rodríguez Méndez ◽  
Xavier Labandeira ◽  
J. Maria Labeaga Azcona
Keyword(s):  
Energy Price ◽  
Price Changes ◽  
Household Energy

scholarly journals Energy Cost Pass-Through in US Manufacturing: Estimates and Implications for Carbon Taxes

2020 ◽  
Vol 12 (2) ◽  
pp. 303-342 ◽  
Author(s):  
Sharat Ganapati ◽  
Joseph S. Shapiro ◽  
Reed Walker
Keyword(s):  
Energy Cost ◽  
Imperfect Competition ◽  
Energy Input ◽  
Welfare Cost ◽  
Perfect Competition ◽  
Energy Price ◽  
Carbon Taxes ◽  
Pass Through

We study how changes in energy input costs for US manufacturers affect the relative welfare of manufacturing producers and consumers (i.e., incidence). We also develop a methodology to estimate the incidence of input taxes that accounts for incomplete pass-through, imperfect competition, and substitution among inputs. For the several industries we study, 70 percent of energy price-driven changes in input costs get passed through to consumers in the short to medium run. The share of the welfare cost that consumers bear is 25–75 percent smaller (and the share producers bear is larger) than models featuring complete pass-through and perfect competition would suggest. (JEL H22, H23, L60, Q48,Q54, Q58)

scholarly journals Dynamic Adjustment of U.S. Agriculture to Energy Price Changes

2010 ◽  
Vol 42 (2) ◽  
pp. 289-301 ◽  
Author(s):  
David K. Lambert ◽  
Jian Gong
Keyword(s):  
Cost Function ◽  
Energy Price ◽  
Energy Prices ◽  
Input Price ◽  
Dynamic Adjustment ◽  
Agricultural Producers ◽  
Price Changes ◽  
Long Run ◽  
Short Run ◽  
Over Time

Energy prices increased significantly following the first energy price shock of 1973. Agricultural producers found few short run substitution possibilities as relative factor prices changed. Inelastic demands resulted in total expenditures on energy inputs that have closely followed energy price changes over time. A dynamic cost function model is estimated to derive short and long run adjustments within U.S. agriculture between 1948 and 2002 to changes in relative input prices. The objective is to measure the degree of farm responsiveness to energy price changes and if this responsiveness has changed over time. Findings support inelastic demands for all farm inputs. Statistical results support moderate increases in responses to energy and other input price changes in the 1980s. However, demands for all inputs remain inelastic in both the short and long run. Estimation of share equations associated with a dynamic cost function indicates that factor adjustment to input price changes are essentially complete within 1 year.

scholarly journals Response to Extreme Energy Price Changes: Evidence from Ukraine

2019 ◽  
Vol 40 (1) ◽  
Author(s):  
Anna Alberini ◽  
Olha Khymych ◽  
Milan �casn�
Keyword(s):  
Energy Price ◽  
Price Changes

scholarly journals The Impact of Energy Prices on Optimum Machinery Size and the Structure of Agriculture: A Georgia Example

1976 ◽  
Vol 8 (1) ◽  
pp. 205-211 ◽  
Author(s):  
Wesley N. Musser ◽  
Ulysses Marable
Keyword(s):  
Capital Structure ◽  
Energy Input ◽  
Farm Size ◽  
Energy Price ◽  
Energy Prices ◽  
Historical Trends ◽  
Farm Machinery ◽  
Price Increases ◽  
The Impact ◽  
Cost Components

In analyzing the impact of recent energy price increases on agriculture, agricultural economists have suggested the possibility of substitution of labor for farm machinery inputs [3, pp. 881-833] [17, pp. 195-196]. Since large energy input is embodied in farm machinery [14, p. 195], energy-price increases not only raised costs of machinery fuel, but also provided a cost-push effect on other fixed and variable machinery cost components. However, these potential price incentives have not been sufficient to reverse aggregate historical trends towards larger equipment in current machinery purchases [11, 15]. Understanding the nature of recent shifts in optimum machinery size on different farm sizes is important for consideration of future farm size and labor-capital structure of agriculture.

Asymmetric and extreme influence of energy price changes on renewable energy stock performance

2019 ◽  
Vol 241 ◽  
pp. 118338 ◽  
Author(s):  
Tongshui Xia ◽  
Qiang Ji ◽  
Dayong Zhang ◽  
Jinhong Han
Keyword(s):  
Renewable Energy ◽  
Energy Price ◽  
Price Changes ◽  
Stock Performance
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