Interfuel substitution is an issue that is - and will likely remain
- an important topic of inquiry for many years, as governments
around the world seek to set policies that are intended to restrain
carbon emissions or steer economies toward or away from certain
fuels. This book contributes to this issue by estimating short- and
long-term interfuel substitution elasticities, at the aggregate and
sector levels, through the use of the latest advances in
microeconometrics as well as recent international data for a number
of OECD and non-OECD countries.
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