1975•RePEc: Research Papers in EconomicsOpen access
Implications of Natural Gas Shortage For Industrial Demand and the Environment
Wen Shyong Charlie Chern, Gurmukh S. Gill, Chern, Wen S., Gill, Gurmukh S.
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Abstract
A model consisting of demandand price equations was estimated by techniques of error components and two-stage least squares. Thirteen manufacturing industries were selected for analysis. Results show that the deregulation of gas prices should be an effective means of reducing both future gas shortage and environmental degradation.
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