An aggregate model for energy costs. National product interdependence

Samouilidis, JE; Mitropoulos, CS

dc.contributor.author	Samouilidis, JE	en
dc.contributor.author	Mitropoulos, CS	en
dc.date.accessioned	2014-03-01T01:38:25Z
dc.date.available	2014-03-01T01:38:25Z
dc.date.issued	1982	en
dc.identifier.issn	01409883	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/22126
dc.relation.uri	http://www.scopus.com/inward/record.url?eid=2-s2.0-0020335997&partnerID=40&md5=93ecbe992818155bd1262d4206bb3c7c	en
dc.subject	Costs	en
dc.subject	Energy	en
dc.subject	Modelling	en
dc.title	An aggregate model for energy costs. National product interdependence	en
heal.type	journalArticle	en
heal.publicationDate	1982	en
heal.abstract	A small model is constructed which describes energy-economy interactions on an aggregate level. The model, based on a neo-classical approach, estimates the impact on net national product and energy demand of changes in the cost of domestic and imported energy if tax and tariff rates - as percentages of total price - are kept constant. A parametric analysis is carried out to investigate the role of structural parameters such as the price and income elasticities. Among others, a key parameter of primary importance in the energy-economy interaction is revealed to be the cost to output ratio of the energy sector. Through this parameter, we are able to analyse the interdependence of the tariff rates, the relative cost of imported to domestic energy and the energy import share, and thereafter assess their combined effect on the energy-economy interaction. © 1982.	en
heal.journalName	Energy Economics	en
dc.identifier.volume	4	en
dc.identifier.issue	3	en
dc.identifier.spage	199	en
dc.identifier.epage	206	en