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The competition between coal and natural gas the importance of sunk costs

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  • Denny Ellerman, A.

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  • Denny Ellerman, A., 1996. "The competition between coal and natural gas the importance of sunk costs," Resources Policy, Elsevier, vol. 22(1-2), pages 33-42.
  • Handle: RePEc:eee:jrpoli:v:22:y:1996:i:1-2:p:33-42
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    1. Paul Joskow & Nancy L. Rose, 1985. "The Effects of Technological Change, Experience, and Environmental Regulation on the Construction Cost of Coal-Burning Generating Units," RAND Journal of Economics, The RAND Corporation, vol. 16(1), pages 1-17, Spring.
    2. Joskow, Paul L & Schmalensee, Richard, 1987. "The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 2(2), pages 85-109, April.
    3. Paul L. Joskow, 1987. "Productivity Growth and Technical Change in the Generation of Electricity," The Energy Journal, , vol. 8(1), pages 17-38, July.
    4. Cowing, Thomas G & Smith, V Kerry, 1977. "A Note on the Variability of the Replacement Investment Capital Stock Ratio," The Review of Economics and Statistics, MIT Press, vol. 59(2), pages 238-243, May.
    5. Bitros, George C & Kelejian, Harry H, 1974. "On the Variability of the Replacement Investment Capital Stock Ratio: Some Evidence from Capital Scrappage," The Review of Economics and Statistics, MIT Press, vol. 56(3), pages 270-278, August.
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    Cited by:

    1. Patrik Söderholm, 2000. "Environmental Regulations and Interfuel Substitution in the Power Sector: A Generalized Leontief Model," Energy & Environment, , vol. 11(1), pages 1-23, January.
    2. Hyung-Seok Jeong & Ju-Hee Kim & Seung-Hoon Yoo, 2021. "South Korean Public Acceptance of the Fuel Transition from Coal to Natural Gas in Power Generation," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    3. Finn Roar Aune & Torstein Bye & Tor Arnt Johnsen, 2000. "Gas power generation in Norway: Good or bad for the climate? Revised version," Discussion Papers 286, Statistics Norway, Research Department.
    4. Johnson, Timothy L. & Keith, David W., 2004. "Fossil electricity and CO2 sequestration: how natural gas prices, initial conditions and retrofits determine the cost of controlling CO2 emissions," Energy Policy, Elsevier, vol. 32(3), pages 367-382, February.
    5. Michielsen, Thomas O., 2014. "Brown backstops versus the green paradox," Journal of Environmental Economics and Management, Elsevier, vol. 68(1), pages 87-110.
    6. Lata Gangadharan & Rachel Croson & Alex Farrell, 2013. "Investment decisions and emissions reductions: results from experiments in emissions trading," Chapters, in: John A. List & Michael K. Price (ed.), Handbook on Experimental Economics and the Environment, chapter 8, pages 233-264, Edward Elgar Publishing.
    7. Berglund, Christer & Soderholm, Patrik, 2006. "Modeling technical change in energy system analysis: analyzing the introduction of learning-by-doing in bottom-up energy models," Energy Policy, Elsevier, vol. 34(12), pages 1344-1356, August.
    8. Söderholm, Patrik & Strömberg, Lars, 2003. "A utility-eye view of the CO2 compliance-decision process in the European power-sector," Applied Energy, Elsevier, vol. 75(3-4), pages 183-192, July.
    9. Soderholm, Patrik, 2000. "Fuel flexibility in the West European power sector," Resources Policy, Elsevier, vol. 26(3), pages 157-170, September.
    10. Maung, Thein A., 2006. "Market Penetration of Biomass Fuels for Electricity Generation," 2006 Annual meeting, July 23-26, Long Beach, CA 21377, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Braden, J. B. & Kolstad, C. D. & Woock, R. A. & Machado, J. A., 2001. "Is coal desulphurisation worthwhile? Evidence from the market," Energy Policy, Elsevier, vol. 29(3), pages 217-225, February.

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