Short-run interfuel substitution in West European power generation : a restriced cost function approach
This paper analyzes short-run interfuel substitution between fossil fuels in West European power generation. The problem is studied within a restricted translog cost model, which is estimated by pooling time-series data across eight countries in West Europe. The empirical results indicate that inter...
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| Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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| Online Access: | http://hdl.handle.net/1721.1/45088 |