Facebook LinkedIn Twitter

IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

Price Elasticities of Natural Gas Demand in France and West Germany

This article analyzes the own-price elasticities of natural gas and cross-price elasticities between gas and other fuels in France and West Germany. A model with constant substitution elasticities would not give enough information to study interfuel competition. Therefore we adopted a model based on translog functions, which has few restrictions on measuring elasticities of energy demand.

Purchase ( $25 )

Energy Specializations: Energy Modeling – Sectoral Energy Demand & Technology; Natural Gas – Markets and Prices

JEL Codes:
Q55 - Environmental Economics: Technological Innovation
L13 - Oligopoly and Other Imperfect Markets

Keywords: Price elasticity of natural gas demand, France, Germany, Translog function

DOI: 10.5547/ISSN0195-6574-EJ-Vol10-No3-5

Published in Volume 10, Number 3 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.