Industry-Level Emission Trading in the EU
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Table A.6: |
Elasticities | |
& KL |
Substitution between capital and labor in production |
0.5 |
& KLE |
Substitution between energy and value-added in production |
0.3 |
& ELE |
Substitution between electricity and the non-electric energy |
1 |
& COA |
Substitution between coal and the non-coal fossil fuel composite in |
0.5 |
& FF |
Substitution between natural resources and other inputs in fossil fuel |
μcoA=0.5 Pcru=1.0 Mgas =1.0 |
& M |
Substitution between imports from different regions |
8 |
& a |
Substitution between the import aggregate and the domestic input |
4 |
& EC |
Substitution between energy goods in household energy |
0.5 |