Dynamic translog and linear logit models: A factor demand analysis of interfuel substitution in US industrial energy demand

Energy Economics

Volumn 25, Issue 1, 2003, Pages 1-21

  Urga, Giovanni ^a   Walters, Chris ^b  

^a CITY UNIVERSITY   (United Kingdom)

^b LONDON BUSINESS SCHOOL   (United Kingdom)

Author keywords

Dynamic cost functions; Intrefuel substitution; Logit; Translog

Indexed keywords

COAL; COSTS; CRUDE PETROLEUM; DYNAMIC LOADS; SUBSTITUTION REACTIONS;

DEMAND ANALYSIS; LOGIT MODELS;

ECONOMICS;

ENERGY MARKET; ENERGY USE; LOGIT ANALYSIS; MODELING;

UNITED STATES;

EID: 0037223127     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0140-9883(02)00022-1     Document Type: Article

References (23)

1. Allen, C., 1994. A Supply-Side Model of the UK Economy: an Application of Non-Linear Cointegration, DP 19-94. Centre for Economic Forecasting, London Business School.
2. Allen, C., Urga, G., 1999. Interrelated factor demands from a dynamic cost function: an application to the non-energy business sector of the UK economy. Economica 66, 403-413.
3. Anderson, G., Blundell, R., 1982. Estimation and hypothesis testing in dynamic singular equation systems. Econometrica 50, 1559-1571.
4. Anderson, G., Blundell, R., 1983. Testing restrictions in a flexible dynamic demand system: an application to consumers' expenditure in Canada. Rev. Econ. Stud. 50, 397-410.
5. Anderson, G., Blundell, R., 1984. Consumer non-durables in the UK: a dynamic demand system. Econ. J. 94 (Conference Papers), 34-44.
6. Bera, A., Jarque, C., 1980. Model specification tests: a simultaneous approach. J. Econom. 20, 59-82.
7. Berkson, J., 1944. Application of the logistic function to bioassay. J. Am. Stat. Assoc. 39, 357-365.
8. Berndt, E., Savin, N., 1975. Estimation and hypothesis testing in singular equation systems with autoregressive disturbances. Econometrica 43, 937-958.
9. Chavas, J., Segerson, K., 1986. Singularity and autoregressive disturbances in linear logit models. J. Bus. Econ. Stat. 4, 161-169.
10. Considine, T., Mount, T., 1984. The use of linear logit models for dynamic input demand systems. Rev. Econ. Stat. 66, 434-443.
11. Considine, T., 1989a. Separability functional form and regulatory policy in models of interfuel substitution. Energy Econ. 11, 89-94.
12. Considine, T., 1989b. Estimating the demand for energy and natural resource inputs: trade-offs in global properties. Appl. Econ. 21, 931-945.
13. Considine, T., 1990. Symmetry constraints and variable returns to scale in logit models. J. Bus. Econ. Stat. 8, 347-353.
14. Friesen, J., 1992. Testing dynamic specifications of factor demand equations for US manufacturing. Rev. Econ. Stat. 74, 240-250.
15. Gagne, R., Ouelette, P., 1998. On the choice of functional forms: summary of a Monte Carlo experiment. J. Bus. Econ. Stat. 16, 118-124.
16. Jones, C., 1995. A dynamic analysis of interfuel substitution in US industrial energy demand. J. Bus. Econ. Stat. 13, 459-465.
17. Stagni, A., 1994. Sistemi dinamici di domanda di fattori:
18. Taheri, A., 1994. Oil shocks and the dynamics of substitution
19. Treadway, A., 1971. On the multivariate flexible accelerator.
20. Urga, G., 1996. Identification problem in testing dynamic
21. Waverman, L., 1992. Econometric modeling of energy demand: when are
22. Zellner, A., 1962. An efficient method of estimating seemingly
23. Zellner, A., Ryu, H., 1998. Alternative functional forms for