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Yeboah, Osei-Agyeman; Thompson, Henry; Shaik, Saleem; Quaicoe, Obed. |
Issues on energy have recently dominated the economic decisions of several states across the U.S. economy and states in the southeastern region of U.S. are no exception. Almost all the states in the southeast import virtually all of their fuel resources from the Gulf Coast representing an annual financial diversion of several billions of dollars some of which could be used to develop domestic, alternative energy resources. The focus of this study was to determine the potential substitution between renewable energy and conventional energy forms in the southeast of U.S. We developed a system of factor share equations using translog cost function. The system of equations was estimated using a pooled iterative Non-linear Seemingly Unrelated Regression (SUR)... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Energy Substitution; Translog Cost Function; Resource /Energy Economics and Policy. |
Ano: 2011 |
URL: http://purl.umn.edu/98609 |