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Díaz, Antonia ; Puch, Luis A. ; Guilló, María D. | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2001In time series data, energy use does not change much with energy price changes. However, energy use is responsive to international differences in energy prices in cross-section data across countries. In this paper we consider a model of energy u[...]texto impreso
Díaz, Antonia ; Puch, Luis A. | 2013-10In this paper we propose a theory of investment and energy use to study the response of macroeconomic aggregates to energy price shocks. In our theory this response depends on the interaction between the energy efficiency built in capital goods [...]
