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:: Volume 13, Issue 55 (Winter 1396 2018) ::
QEER 2018, 13(55): 217-244 Back to browse issues page
Comparing the cost of Cobb-Douglas function and the effect of targeted subsidies Divisia average index of energy intensity in Technology
Kamran Mahmodpour PhD 1
1- , kamran_mahmodpour@pgs.usb.ac.ir
Abstract:   (636 Views)

The importance of improving energy efficiency in the industry and its sub-sections is that reduce the cost of production at the macro level, Pay less subsidies and reduce the cost of industrial products. In this way, enhanced the value added of these sectors and increase competitiveness, enhance product quality, and ultimately, reduce imports some of important goods and increase exports of some products that made. This study examines the effect of eliminating energy subsidies on the energy intensity in iran industry using the approach of seasonal time series data in during 1385-1392 with Cobb-Douglas cost function that negative correlation between energy intensity and energy prices approved. Also results show that over time with advances in technology, energy intensity is decreased. Then energy price liberalization scenario, assuming a steady rise in nominal prices for the period 1393-1389 is studied. The results show that after the liberation of energy prices, energy intensity is decreased so that the highest reduction in the first year of liberalization and in the years following the reduction of energy intensity has decreased.

Keywords: Energy intensity, Price liberalization, Time series, Cobb Douglas cost function, Dvizhia mean index, Industry
Full-Text [PDF 480 kb]   (569 Downloads)    
Type of Study: paper | Subject: Energy Economic
Received: 2016/01/7 | Accepted: 2017/09/14 | Published: 2018/03/19
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Mahmodpour K. Comparing the cost of Cobb-Douglas function and the effect of targeted subsidies Divisia average index of energy intensity in Technology. QEER. 2018; 13 (55) :217-244
URL: http://iiesj.ir/article-1-622-en.html


Volume 13, Issue 55 (Winter 1396 2018) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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