Discussion of the Results and Policy Implications

  • Nabaz T. KhayyatEmail author
Part of the Green Energy and Technology book series (GREEN)


This chapter summarizes the findings from the estimated models. The empirical results are summarized for (i) The mean in case of production function and energy demand function without risk, and (ii) for the mean and variance function in the case of energy demand accounting for risk , in which the findings are related to the theory of the competitive firm under production risk. The empirical results are also discussed in relation to the information available about the industrial sector for the data period. Furthermore, the chapter covers the implications and policy recommendations based on the estimated models for production function and energy demand.


Energy Demand Technical Efficiency Energy Price Output Elasticity Industry Code 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media Dordrecht 2015

Authors and Affiliations

  1. 1.Technology Management, Economics, and Policy Program, College of EngineeringSeoul National UniversitySeoulSouth Korea

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