Electrification Energy Quality And Productivity Growth in Us Manufacturing
Electrification Energy Quality And Productivity Growth in Us Manufacturing
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DATA AND EMPIRICAL IMPLEMENTATIO N The data used in the empirical implementation are for the total U. S. Manufacturing sector over the time period 1958-1977. Although data for a longer and earlier time period would have been preferable, at the present time consistent series for these variables over time are not available. The -18- 1958-1977 data used here have the advantage, however, of including periods of both rising and falling energy prices, and have been analyzed using somewhat different t...echniques. Specifically, the data on prices and quantities for K, L, E, M, and Y have been published in J. Randolph Norsworthy and Michael J. Harper [1981] ; data on ELEC have graciously been made available by Norsworthy-Harper. The resulting series on F E ELEC/E has been calculated; figures for the 1958-1977 time period are presented in Table 1. Note that over this time period, energy quality F increased by about 32%, or about 1. 5% per year; average annual growth in F declined since 1973, however, from 1.
What to read after Electrification Energy Quality And Productivity Growth in Us Manufacturing?
You can find similar books in the "Read Also" column, or choose other free books by Ernst R Berndt to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
DATA AND EMPIRICAL IMPLEMENTATIO N The data used in the empirical implementation are for the total U. S. Manufacturing sector over the time period 1958-1977. Although data for a longer and earlier time period would have been preferable, at the present time consistent series for these variables over time are not available. The -18- 1958-1977 data used here have the advantage, however, of including periods of both rising and falling energy prices, and have been analyzed using somewhat different t...echniques. Specifically, the data on prices and quantities for K, L, E, M, and Y have been published in J. Randolph Norsworthy and Michael J. Harper [1981] ; data on ELEC have graciously been made available by Norsworthy-Harper. The resulting series on F E ELEC/E has been calculated; figures for the 1958-1977 time period are presented in Table 1. Note that over this time period, energy quality F increased by about 32%, or about 1. 5% per year; average annual growth in F declined since 1973, however, from 1.
What to read after Electrification Energy Quality And Productivity Growth in Us Manufacturing?
You can find similar books in the "Read Also" column, or choose other free books by Ernst R Berndt to read onlineMoreLess
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