Estimates of Energy and Non-Energy Elasticities in Selected Asian Manufacturing Sectors

Energy Economics, pp. 115-128, April 1987

Posted: 18 Feb 2010

See all articles by Mohammed Khaled

Mohammed Khaled

Victoria University of Wellington - Te Herenga Waka - School of Economics & Finance

Date Written: April 1987

Abstract

This paper presents the results of a study of the demand elasticities for energy and non-energy inputs in the food processing and textile industries in Bangladesh, the Philippines and Thailand. Estimates of substitution elasticities in production were derived by fitting data to a translog cost function for the period 1970-1980 for Bangladesh, 1970-1978 for the Philippines, and 1974-1977 for Thailand. The results varied according to the industries studied and across countries. They were compared with those of several developing and industrialized countries, and substitutability among inputs was found to be greater in the manufacturing sector of the developing countries studies than in those of industrialized countries. The generally high elasticities between labour and energy have implications for relative input pricing and use in developing countries.

Keywords: Energy, Elasticities, Asia, Manufacturing sector, Demand, Food processing, Labour

JEL Classification: Q41, Q47, O14, N65

Suggested Citation

Khaled, Mohammed, Estimates of Energy and Non-Energy Elasticities in Selected Asian Manufacturing Sectors (April 1987). Energy Economics, pp. 115-128, April 1987, Available at SSRN: https://ssrn.com/abstract=1554124

Mohammed Khaled (Contact Author)

Victoria University of Wellington - Te Herenga Waka - School of Economics & Finance ( email )

P.O. Box 600
Wellington 6001
New Zealand

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