A Contribution to the Energy-Capital Complementarity Debate

M. Junaid Khawaja
Additional contact information
M. Junaid Khawaja: Bahauddin Zakariya University

Indian Economic Review, 1994, vol. 29, issue 1, 91-102

Abstract: By means of a widely used flexible functional form estimated for seven manufacturing industries this paper examines complementarity between energy and capital. The industry level data have been used to avoid the aggregation bias in the estimation of elasticities of substitution as pointed out by Solow (1987). We have disaggregated energy into three energy types viz. electricity, gas and oils as inputs. Elasticities of substitution between capital and energy types are found to be negative in most of the cases, indicating substitutability between capital and energy.

JEL-codes: D24 Q43 (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dse:indecr:v:29:y:1994:i:1:p:91-102

Ordering information: This journal article can be ordered from
http://www.ierdse.org/

Access Statistics for this article

Indian Economic Review is currently edited by Pami Dua (Editor) & Ram Singh (Associate Editor) and Sunil Kanwar

More articles in Indian Economic Review from Department of Economics, Delhi School of Economics University of Delhi, Delhi 110 007. Contact information at EDIRC.
Bibliographic data for series maintained by Pami Dua ().