The transportation sector in the US is the only element that is almost totally dependent on petroleum for its energy supply. With more than half of all petroleum imported, transportation, which is vital to the US economy, is very vulnerable to economic and strategic disruptions. With about twothirds
98/00422 Co-combustion of miscanthus and coal
- Publisher
- Elsevier Science
- Year
- 1998
- Weight
- 198 KB
- Volume
- 39
- Category
- Article
- ISSN
- 0140-6701
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โฆ Synopsis
In the analysis of short-and long-run effects of economic variables on energy use, co-integration techniques are promising candidates. These techniques were employed to develop an error correction model of annual US residential electricity demand. Equipment stock indices were compiled and the model for 1949-1993 is estimated. The analysis suggests a structural shift in consumption during the 1960s. Reasons for this shift are discussed, the short-and long-run elasticities are reported, forecasts for 1994-1995 are provided, and the model's forecasts are compared with other published forecasts.
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