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The scope for fuel substitution in manufacturing industries : a case study of Chile and Colombia (Английский)

This article analyzes plant-level data from Chile and Colombia to assess how manufactures might respond to carbon taxes and other policies that induces substitution between clean and dirty fuels. Is producer flexibility linked with sector of activity, capital vintage or rates of new capital formation? When adjustments in energy use occur, are they accomplished through changes in factor proportions for individual producers, changes in the output shares...
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