The Journal of Energy and Development,spring 1996, volume 21, number 2
Meftun Erdogan and Carol Dahl, “Energy Demand in Turkey.” To help understand Turkish energy use and to provide energy policy makers and energy providers with an updated analysis of Turkish energy use, the authors in this…
Meftun Erdogan and Carol Dahl, “Energy Demand in Turkey.” To help understand Turkish energy use and to provide energy policy makers and energy providers with an updated analysis of Turkish energy use, the authors in this paper analyze Turkish aggregate energy demand and demand in the industrial sector and its subsectors − manufacturing and mining.
Spyros Vassos and Andriana Vlachou, “Evaluating the Impact of Carbon Taxes on the Electricity Supply Industry.” This paper investigates the impact of proposed carbon taxes on the electric power industry, using Greece as a case study.
W. David Walls, “Vehicle Controls and Petrol Demand in Hong Kong.” The demand for automotive petrol in Hong Kong is derived entirely from the demand for personal vehicular transportation. This study estimates and simulates the demand for petrol in Hong Kong using an empirical model which explicitly accounts for adjustment in the stock of vehicles.
Jay Zarnikau, “A Reexamination of the Causal Relationship Between Energy Consumption and Gross National Product.” Previous studies of the causal relationships between total energy consumption and GNP in a national economy have measured energy consumption based on an aggregation of the heat content of different energy resources. This approach fails to recognize that different energy resources have different form value, which affect their market value and possible contribution to economic productivity and growth. A Divisia approach to measuring energy consumption may be superior to an aggregate based upon heat content when conducting tests to detect causal relationships between energy consumption and GNP. An example test using data for the U.S. economy confirms that the results are indeed sensitive to the approach used to measure energy consumption.
Panayotis F. Diamandis and Helen Louri, “Are Hydroelectric Power Projects Still Viable? The Cases of Sfikia and Assomata in Greece.” The considerable international trend of the 1970s to construct hydroelectric power plants has now been reversed and such plants are not fashionable any more. This paper supports their usefulness by focusing on the indirect benefits these plants provide to the areas they affect. This is achieved by carrying out an ongoing social cost benefit analysis of a very important twin hydroelectric project in Greece, namely Sfikia H.E.P. and Assomata H.E.P. in operation since 1985.
Ronald L. Cooper, “Energy Conservation and Renewable Energy Supplies: A Survey.” In this paper the author discusses some of the energy conservation proposals that have been put forth and provide an evaluation of their validity. In examining these proposals, the author first looks at the historical record of conservation, demand-side management programs, energy conservation and the cost of developing renewable energy sources. The author also examines some of the engineering economics approaches that have been used to justify government-sponsored energy conservation programs.
Salah S. Abosedra and Nikiforos T. Laopodis, “Stochastic Behavior of Crude Oil Prices: A Garch Investigation.” This paper addresses an important aspect of contemporary oil market behavior, namely, price volatility in an environment characterized by innovations in financial derivatives. The objective of the paper is to apply Nelson’s Exponential Autoregressive GARCH model to explain oil price volatility.
M. Nagy Eltony and Asraul Hoque, “A Cointegrating Relationship in the Demand for Energy: The Case of Electricity in Kuwait.” The paper analyzes the electricity demand in Kuwait by utilizing the recent econometric techniques of time series data, namely, unit roots, cointegration, and error correction model.