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Inter Fuel Substitution And Energy Technology Heterogeneity In U.S. Manufacturing

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Inter Fuel Substitution And Energy Technology Heterogeneity In U.S. Manufacturing

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Working Paper Number CES-93-05

Abstract

Inter Fuel Substitution And Energy Technology Heterogeneity In U.S. Manufacturing
Download Inter Fuel Substitution And Energy Technology Heterogeneity In U.S. Manufacturing [PDF - <1.0 MB]

This paper examines the causes of heterogeneity in energy technology across a large set of manufacturing plants. This paper explores how regional and intertemporal variation in energy prices, availability, and volatility influences a plant's energy technology adoption decision. Additionally, plant characteristics, such as size and energy intensity, are shown to greatly impact the energy technology adoption decision. A model of the energy technology adoption is developed and the parameters of the model are estimated using a large, plant-level dataset from the 1985 Manufacturing Energy Consumption Survey (MECS).

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Page Last Revised - October 8, 2021
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