Price Elasticities of Natural Gas Demand in France and West Germany
This article analyzes the own-price elasticities of natural gas and cross-price elasticities between gas and other fuels in France and West Germany. A model with constant substitution elasticities would not give enough information to study interfuel competition. Therefore we adopted a model based on translog functions, which has few restrictions on measuring elasticities of energy demand.
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Volume (Year): Volume 10 (1989)
Issue (Month): Number 3 ()
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