What determines the output drop after an energy price increase: Household or firm energy share?

Rajeev Dhawan () and Karsten Jeske

Economics Letters, 2008, vol. 101, issue 3, 202-205

Abstract: We investigate a DSGE economy's response to energy price hikes for changing firm and household energy shares over the 1970-2005 period. Simulation results indicate that the economy's output response is mainly determined by the firm rather than the household share.

Keywords: Energy; prices; Household; energy; use; Impulse; response; functions (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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Working Paper: What determines the output drop after an energy price increase: household or firm energy share? (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:101:y:2008:i:3:p:202-205

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