Choice of Technology and Long-Run Technical Change in Energy-Intensive Industries

Finn R. Forsund and Lennart Hjalmarsson

The Energy Journal, 1988, vol. 9, issue 3, 79-98

Abstract: The difference between short-run and long-run flexibility in energy use is an important topic in energy demand modeling. Dynamic formulations are required to reveal this difference. The microeconomic foundation for the distinction between short- and long-run energy substitution possibilities is the embodiment of production techniques.

Keywords: Industrial energy intensity; Technology change; Productivity (search for similar items in EconPapers)
Date: 1988
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Journal Article: Choice of Technology and Long-Run Technical Change in Energy-Intensive Industries (1988)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:9:y:1988:i:3:p:79-98

DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No3-3

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