Substitute or complement? Assessing renewable and nonrenewable energy in OECD countries

C-Tier
Journal: Applied Economics
Year: 2015
Volume: 47
Issue: 14
Pages: 1438-1459

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The elasticity of interfuel substitution between renewable and nonrenewable energy is key to establishing effective climate change policy. This is the first study to estimate the elasticity of substitution between different fossil fuels and renewable resources. We used 12 manufacturing industry-level datasets for the OECD countries from 1995 to 2009. We found a complementary relationship from nonrenewable energy to renewable energy in eight industries, whereas a substitute relationship was maintained for four industries. In particular, the food and pulp industries had a strong complementary relationship.

Technical Details

RePEc Handle
repec:taf:applec:v:47:y:2015:i:14:p:1438-1459
Journal Field
General
Author Count
3
Added to Database
2026-01-25