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Technology, Prices, and the Derived Demand for Energy
Abstract
Industrial demand for energy is essentially a derived demand: the firm's demand for energy is an input is derived from demand for the firm's output. Inputs other than energy typically also enter the firm's production process. Since firms tend to choose that bundle of inputs which minimized the total cost of producing a giving level of output, the derived demand for inputs, including energy, depends on the level of output, the submitions possibilies among inputs allow by production technology, and the relative prices of all inputs.
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Citations
Cited by
Energy efficiency and consumption—The rebound effect—A survey
A. Greening, L., Greene, D. L., & Difiglio, C. (2000) · Energy Policy · doi:10.1016/s0301-4215(00)00021-5 · Cited by 2,077
Wurlod, J.-D., & Noailly, J. (2018) · Energy Economics · doi:10.1016/j.eneco.2017.12.012 · Cited by 561
The estimation of the degree of oligopoly power
Appelbaum, E. (1982) · Journal of Econometrics · doi:10.1016/0304-4076(82)90006-9 · Cited by 462
Renewable energy: Present research and future scope of Artificial Intelligence
Jha, S. K., Bilalovic, J., Jha, A., Patel, N., & Zhang, H. (2017) · Renewable and Sustainable Energy Reviews · doi:10.1016/j.rser.2017.04.018 · Cited by 369
Nadiri, M. I., & Prucha, I. R. (1996) · Economic Inquiry · doi:10.1111/j.1465-7295.1996.tb01363.x · Cited by 259
Metadata
- Authors
- Berndt, E. R., & Wood, D. O.
- Venue
- The Review of Economics and Statistics
- Publisher
- JSTOR
- Published
- 1975-08
- Volume
- 57
- Issue
- 3
- Pages
- 259
- ISSN
- 0034-6535 (ISSN-L)
- OpenAlex
- W1970327825
- Cited by
- 1,396
- References
- 0
- FWCI
- 30.85
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Technology, Prices, and the Derived Demand for Energy. https://app.cochat.ai/papers/10.2307/1923910
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- Berndt, E. R., & Wood, D. O. (1975). Technology, Prices, and the Derived Demand for Energy. The Review of Economics and Statistics. https://doi.org/10.2307/1923910
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
