Sage Journals: Discover world-class research

Abstract

The primary metals industry is defined by the Bureau of the Census as the Standard Industrial Classification (SIC) 33. In terms of both absolute amount of energy use and energy intensiveness, SIC-33 is large relative to other industries.' This paper estimates essential energy demand relationships for this important sector. Although there are basically four energy sources used in the primary metals industry (fuel oil, natural gas, coal, and electricity), the response to changes in own price and cross price is dampened as a consequence of technology, plant vintage, and historical growth in the industry. Forecasts of future energy demand hinge on these price elasticities and on assumptions about future energy prices.

Keywords

Generalized fuel choice model Primary metals industry Natural gas

Get full access to this article

View all access options for this article.

References

Baughman

Joskow

(1976). “Energy Consumption and Fuel Choice by Residential and Commercial Customers in the United States.” Energy Systems and Policy 1, No. 4:205-323.

Bureau of the Census . Annual Survey of Manufactures. Washington, D.C.: U.S. Government Printing Office, various years.

Chem

W. S.

Just

R. E.

(1980). “A Generalized Model for Fuel Choices with an Application to the Paper Industry.” Energy Systems and Policy 4, No. 4: 273-94.

Energy Information Administration (1977). Projected Natural Gas Deliveries and Curtailments to End-Use Customers 1976-1977 Heating Season. Washington, D.C.: U.S. Government Printing Office.

Federal Energy Administration (1975). Natural Gas Curtailments, 1975-76 Heating Season, FEA/B-75/644. Washington, D.C.: U.S. Government Printing Office (October).

Halvorsen

(1977). “Energy Substitution in U.S. Manufacturing.” Review of Economics and Statistics 56, No. 4 (November): 381-88.

Hausman

J. A.

(1975). “Project Independence Report: An Appraisal of U.S. Energy Needs Up to 1985.” Bell Journal of Economics 6, No. 2 (Autumn): 517-51.

Izan

H. Y.

(1980). “To Pool or Not to Pool? A Re-examination of Tobin’s Food Demand Problem.” Journal of Econometrics 6, No. 2 (August): 391-402.

MeCleman

Chem

W. S.

(1982). Energy Demand in the Primary Metals Industry: An Econometric Analysis, UCRL-53283. Lawrence Livermore National Laboratory (May).

10.

Roseberg

R. B.

Larson

D. H.

Waterman

W. W.

Ekman

F. E.

(1974). “Energy Use in the Metallurgical Industries.” In Proceedings of the Institute of Gas Technology Symposium on Efficient Use of Fuels in Metallurgical Industries, pp. 17-50.

11.

U.S. Department of Energy (1979). Industrial Energy Efficiency Program, Annual Report. Washington, D.C.: U.S. Government Printing Office (December).

An Energy Demand and Generalized Fuel Choice Model for the Primary Metals Industry

Abstract

Keywords

Get full access to this article

References