Capital Adjustment and the Optimal Fuel Choice

This paper analyzes the important, yet often ignored, link between capital adjustment and the choice of fuels used by manufacturing firms. A novel econometric framework, which explicitly incorporates heterogeneous fuel-using capital stocks in the e...

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Bibliographic Details
Main Authors: Hyland, Marie, Steinbuks, Jevgenijs
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/10/26854337/capital-adjustment-optimal-fuel-choice
http://hdl.handle.net/10986/25302