Inter-factor substitution and energy use efficiency in Indian Manufacturing Industry

Maji, Sourav (2022) Inter-factor substitution and energy use efficiency in Indian Manufacturing Industry. Masters thesis, Indian Institute of Science Education and Research Kolkata.

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Abstract

Inter-factor substitutability has been of longstanding interest to the energy economics and policy community. Over the years, energy substitution has been regarded as a crucial procedure to extract the economic outcome and played a critical role in helping countries transition from a low-tech to an industrial development stage. In this project, I tried to compare between the factors capital, labour, energy and material. Thus this project applies Cobb-Douglas production function to estimate the factor share equation based on input and output factors. We also applied multicollinearity and estimated efficiency from functions.

Item Type: Thesis (Masters)
Additional Information: Supervisor: Dr. Sabuj Kumar Mandal; Co-Supervisor: Dr. Robert John Chandran
Uncontrolled Keywords: Cobb-Douglas Production Function; Less Energy Consumption; Multicollinearity; Normality; Sustainable Development; Technical Efficiency
Subjects: Q Science > QH Natural history > QH301 Biology
Divisions: Department of Biological Sciences
Depositing User: IISER Kolkata Librarian
Date Deposited: 18 Apr 2023 07:13
Last Modified: 18 Apr 2023 07:13
URI: http://eprints.iiserkol.ac.in/id/eprint/1242

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