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Armington elasticit...
Armington elasticities of intra-European trade with wood bioenergy products
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- Lundmark, Robert (author)
- Luleå tekniska universitet,Samhällsvetenskap
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Shahrammehr, Shima (author)
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(creator_code:org_t)
- Cleveland : International Association for Energy Economics (IAEE), 2009
- 2009
- English.
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In: Energy, policies and technologies for sustainable economies. - Cleveland : International Association for Energy Economics (IAEE).
- Related links:
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https://ltu.diva-por... (primary) (Raw object)
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https://urn.kb.se/re...
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Abstract
Subject headings
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- The purpose of this paper is to provide estimated Armington elasticities for selected European countries and for three forest commodities of main interest in many energy models: roundwood, chips & particles and wood residues. The Armington elasticity is based on the assumption that a specific forest commodity is differentiated solely by its origin. The statistically significant estimated Armington elasticities range from 0.52 for roundwood in Hungary to approximately 4.53 for roundwood in Estonia. On average, the statistically significant Armington elasticity for chips & particles over all countries is 1.7 and for wood residues and roundwood 1.3 and 1.5, respectively. These elasticities provide benchmark values for partial equilibrium models trying to assess trade patterns of forest commodities and energy policy effects for individual European countries or the European Community as a whole.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Economics
- Nationalekonomi
Publication and Content Type
- ref (subject category)
- kon (subject category)
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