Interfuel Substitution

Download or read book Interfuel Substitution written by Apostolos Serletis and published by World Scientific. This book was released on 2012-02-29 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interfuel substitution is an issue that is — and will likely remain — an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This book contributes to this issue by estimating short- and long-term interfuel substitution elasticities, at the aggregate and sector levels, through the use of the latest advances in microeconometrics as well as recent international data for a number of OECD and non-OECD countries.