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Substitutions énergie-travail dans le modèle de prix de Statistique Canada

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  • Dupont, Pierre

    (Groupe de recherche en économie de l’énergie et des ressources naturelles (GREEN), Université Laval)

Abstract

In a paper published by the Review of Economics and Statistics (vol. LXVI, mai 1984), M. Truchon suggested a methodology that permits the introduction of substitution into an Input-Output Price Model. The purpose of this paper is to demonstrate the operational character of this method using the Price Model of Statistic Canada. The substitutions are induced between four energy factors (coal, electricity, fuel and natural gas) and labor, with exogenous elasticities taken from an econometric study. The results indicate that the production costs of the industries are lower when the possibility of substitutions exists; which is consistant with economic theory. In conclusion, our results confirm the operational character of Truchon's method. Dans un article paru dans The Review of Economics and Statistics (vol. LXVI, mai 1984), M. Truchon propose une méthode qui permet d’introduire les substitutions dans un modèle de prix de type intersectoriel. Le but de la présente étude est de démontrer le caractère opérationnel de cette méthode en l’expérimentant sur le modèle de prix de Statistique Canada. Pour ce faire, des substitutions sont décrétées entre quatre facteurs énergétiques (charbon, électricité, essence et mazout, gaz naturel) et le travail, à l’aide d’élasticités-prix exogènes empruntées à une étude économétrique. Les résultats indiquent que les industries diminuent leurs coûts de production en opérant ces substitutions, ce qui est conforme à la théorie économique. Par le fait même, ces résultats confirment le caractère opérationnel de la méthode proposée par Truchon.

Suggested Citation

  • Dupont, Pierre, 1985. "Substitutions énergie-travail dans le modèle de prix de Statistique Canada," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(1), pages 112-126, mars.
    • Handle: RePEc:ris:actuec:v:61:y:1985:i:1:p:112-126
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    References listed on IDEAS

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    1. David E. Rose & Spencer Star, 1978. "Homotheticity and the Relationship between Plant Output and Factor Prices under Perfect Competition," Canadian Journal of Economics, Canadian Economics Association, vol. 11(1), pages 92-97, February.
    2. Truchon, Michel, 1984. "Using Exogenous Elasticities to Induce Factor Substitution in Input-Output Price Models," The Review of Economics and Statistics, MIT Press, vol. 66(2), pages 329-334, May.
    3. Berndt, Ernst R & Wood, David O, 1979. "Engineering and Econometric Interpretations of Energy-Capital Complementarity," American Economic Review, American Economic Association, vol. 69(3), pages 342-354, June.
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