Energy demand models based on the translog and CES functions
David B. Reister and
James A. Edmonds
Energy, 1981, vol. 6, issue 9, 917-926
Abstract:
The translog function is a flexible form but does not have good global properties. The CES function has good global properties but is not a flexible form. For energy demand models that should be valid in a large domain, global properties are important.
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:6:y:1981:i:9:p:917-926
DOI: 10.1016/0360-5442(81)90063-3
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