Abstract
Economic research on the power intensive industry includes analyzing the importance of renewable energy for the industry. When doing so a sample for multinational activities is applied, often running over countries and years, and even industries. The Gravity model and Knowledge Capital models have proven useful for these analyses. The Gravity model is designed to capture volume of bilateral trade or investment. The Knowledge Capital model accounts for knowledge capital, measured by skilled labor. Also the Heckman 2 step procedure has proven useful, providing estimates in two steps to capture the threshold cost associated with investment in the industry.
| Original language | English |
|---|---|
| Title of host publication | Economics and power-intensive industries |
| Publisher | Springer International Publishing |
| Pages | 41-49 |
| Number of pages | 9 |
| ISBN (Electronic) | 978-3-319-12940-2 |
| ISBN (Print) | 978-3-319-12939-6 |
| DOIs | |
| Publication status | Published - 1 Jan 2014 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty -
SDG 5 Gender Equality -
SDG 6 Clean Water and Sanitation -
SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure -
SDG 10 Reduced Inequalities -
SDG 13 Climate Action
Other keywords
- Censored observations
- Coefficent
- Deflator
- Dependent variable
- Dummy variable
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