Research on energy-saving effect of technological progress based on Cobb–Douglas production function

Yuan, Chaoqing; Liu, Sifeng; Wu, Junlong

doi:10.1016/j.enpol.2009.04.025

Cited by 69 publications

(26 citation statements)

References 6 publications

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“…In the capital-labour-energy case, lacking materials, a measure somewhere between GVA and gross output seems logical, and this is indeed the path taken by Kander and Stern [126] and Van der Werf [25], who adopt a modified "gross output" measure as GVA plus the value (cost) of energy. It is revealing though that this is not a common approach, as empirical K-L-E CES studies adopt a wide range of output metrics, as shown in Table 1: A second important issue is whether to specify output in (more common) constant prices [15,69,70,74] or Purchasing Power Parity (PPP) prices [25,82]. Since PPP places a higher weight on GDP in non-OECD countries-one $US Dollar in China buys more goods than in the US-PPP may be useful in cross-country studies [129,130] by providing a more level playing field for comparisons.…”

Section: Economic Output (Y)mentioning

confidence: 99%

“…Including energy as a factor of production starts from the idea that variables in addition to labour and capital-such as energy [22,23,70], materials [46,86] or money balance [52,55]-help explain economic output. As far back as 1974, Binswanger and Ledergerber [87] suggested that "the decisive mistake of traditional economics is the neglect of energy as a factor of production".…”

Section: Wider Literature Searchmentioning

confidence: 99%

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Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation

et al. 2017

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Capital-labour-energy Constant Elasticity of Substitution (CES) production functions and their estimated parameters now form a key part of energy-economy models which inform energy and emissions policy. However, the collation and guidance as to the specification and estimation choices involved with such energy-extended CES functions is disparate. This risks poorly specified and estimated CES functions, with knock-on implications for downstream energy-economic models and climate policy. In response, as a first step, this paper assembles in one place the major considerations involved in the empirical estimation of these CES functions. Discussions of the choices and their implications lead to recommendations for CES empiricists. The extensive bibliography allows those interested to dig deeper into any aspect of the CES parameter estimation process.

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Section: Economic Output (Y)mentioning

confidence: 99%

Section: Wider Literature Searchmentioning

confidence: 99%

Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation

et al. 2017

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“…For comparison, a value of 40.7% is an estimate based on a Cobb-Douglas specification used in an analysis of the energy-saving effects of technological progress in Chinese industry, which is characterized by high energy intensity (see Yuan et al 2009). The estimates of 35 and 17% are the values of energy input per unit of value added in non-metallic mineral products and paper products respectively across developing countries (see Upadhyaya 2010).…”

Section: Production Functionsmentioning

confidence: 99%

Environmental Taxation, Employment and Public Spending in Developing Countries

Kuralbayeva¹

2018

Environ Resource Econ

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This paper investigates the consequences of environmental tax reforms for unemployment and welfare, in the case of developing countries with a large informal sector, rural-urban migration, and three different assumptions about public spending: (1) as part of a revenue-neutral policy, (2) fixed, and (3) varying endogenously. Under the indexation of unemployment benefits and informal-sector income that give rise to a double dividend, a lower level of public spending is associated with a smaller negative impact on the after-tax income of households and a higher increase in employment. These policies, however, still lead to a reduction in social welfare; even more so in the case of endogenous public spending, although it is associated with a higher increase in employment and a smaller reduction in private-sector incomes. The model implies that complementary policy, in terms of lower public spending, is unlikely to be socially acceptable, and does not support the case for a green tax reforms in developing countries.Keywords Informal sector · Matching frictions · Rural-urban migration · Pollution taxes · Double dividend A previous version of this paper was circulated under the title, Effects of carbon taxes in an economy with large informal sector and rural-urban migration. I thank

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“…It is determined by the quantity, quality and efficiency of the above referred promoting factors [51]. The Cobb-Douglas production function was popular to measure the relationship between factors and economic growth [51]. The basic function is described as:…”

Section: Estimate Economic Benefits Of Land Usementioning

confidence: 99%

Dynamics of Tradeoffs between Economic Benefits and Ecosystem Services due to Urban Expansion

Yin-gen

Zhang

2018

Sustainability

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Urban expansion has been proved to spur significant changes in economic development worldwide, yet it degrades ecosystem services. Seldom attempts are made to explore the dynamic relationship between economic benefits and ecosystem services. As such, we simulated land use in Wuhan, the capital city of Hubei Province in China, by employing the LANDSCAPE model (LAND System Cellular Automata model for Potential Effects) in scenarios with datasets supported. This paper analyzes the amount of variation of urban growth between its corresponding implications for ecosystem services in Wuhan, and further reveals a meaningful dynamic linkage between economic benefits (EB) and ecosystem services value (ESV). The amount of urban expansion is a critical factor affecting tradeoffs of EB and ESV. A certain amount of urban expansion (the turning point) will worsen tradeoffs between EB and ESV, and when the amount of urban growth surpasses the turning point, a small increase of EB will pay a great amount of ESV. The better the amount of urban growth is controlled, the more harmonious the EB and ESV will be. Our research is helpful to find the turning point as well as the proper amount of urban growth at the aspect of tradeoffs between EB and ESV.

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Research on energy-saving effect of technological progress based on Cobb–Douglas production function

Cited by 69 publications

References 6 publications

Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation

Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation

Environmental Taxation, Employment and Public Spending in Developing Countries

Dynamics of Tradeoffs between Economic Benefits and Ecosystem Services due to Urban Expansion

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