Production Functions with Electricity: The Industrial Level

As we mentioned in Chap. 1, the state economy is consisted of three industries, that is, primary industry, secondary industry, and tertiary industry. From the macroscopic perspective, the industrial production functions with electricity include the follow

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Electricity Economics: Production Functions with Electricity

Electricity Economics: Production Functions with Electricity

Zhaoguang Hu • Zheng Hu

Electricity Economics: Production Functions with Electricity

123

Zhaoguang Hu State Grid Energy Research Institute Beijing, People’s Republic of China

Zheng Hu University of Delaware Newark, DE, USA

ISBN 978-3-642-40756-7 ISBN 978-3-642-40757-4 (eBook) DOI 10.1007/978-3-642-40757-4 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2013953931 © Springer-Verlag Berlin Heidelberg 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Preface

This book provides an investigation to study the close and in-depth electricity economics on the power demand side. Traditionally, research of electricity economics has long been focusing on power supply side, that is, power generations, transmissions, distribution, and power deregulation; however, this book provides a completely different perspective of analysis, which is studying the economy by using electricity demand data. Electricity can be used to measure economic scenarios due to the reliability of electricity data. Electricity economics on demandside analysis could open up new territories for scholars to discover, explore, and study meanin