Dublin Core
Title
Brazilian energy efficiency and energy substitution: a road to cleaner national energy system
Creator
Boqiang Lin, Isaac Ankrah, Sylvester Adasi Manu
Description
Recognizing the need to increase energy efficiency across various sectors of the economy, the Brazilian government through the national energy efficiency plan (adopted in 2011) seeks to avoid 30 million tons of CO2 emissions through a reduction in electricity consumption of about 10% by 2030. Notwithstanding, we believe that a complete realization of such initiative will be dependent on the level of substitutability between different production factors and fuel types. Using the translog production function method, this paper, first provides insight on the economic impact of both factor and fuel inputs in Brazil. Most importantly, we examine the possibility of substitution among capital, labor, petroleum, and electricity. The ridge regression technique was used to estimate the parameters after our data depicted the existence of multicollinearity. Our results show that capital and labor are positively linked to output; however …
Publisher
Elsevier
Date
2017
Source
https://scholar.google.com/citations?view_op=view_citation&hl=en&user=qSyX_i8AAAAJ&citation_for_view=qSyX_i8AAAAJ:IjCSPb-OGe4C
Language
English