Overview
The first book studies on the economics of electricity consumption
Compares the sector production functions with electricity and the commercial production functions with electricity
Introduces the global E-GDP function, the European E-GDP function and 12 national E-GDP functions
Presents the gene characters of EAI production functions and E-GDP functions for USA to see why USA’s economy is entering an up-industrialization period
Discusses China’s economic growth by production functions with electricity
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Table of contents (15 chapters)
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Front Matter
Keywords
About this book
Electricity Economics: Production Functions with Electricity studies the production output from analyzing patterns of electricity consumption. Since electricity data can be used to measure scenarios of economic performance due to its accuracy and reliability, it could therefore also be used to help scholars explore new research frontiers that directly and indirectly benefits human society. Our research initially explores a similar pattern to substitute the Cobb–Douglas function with the production function with electricity to track and forecast economic activities. The book systematically introduces the theoretical frameworks and mathematical models of economics from the perspective of electricity consumption. The E-GDP functions are presented for case studies of more than 20 developed and developing countries. These functions also demonstrate substantial similarities between human DNA and production functions with electricity in terms of four major characteristics, namely replication, mutation, uniqueness, and evolution. Furthermore, the book includes extensive data and case studies on the U.S., China, Japan, etc. It is intended for scientists, engineers, financial professionals, policy makers, consultants, and anyone else with a desire to study electricity economics as well as related applications.
Dr. Zhaoguang Hu is the vice president and chief energy specialist at the State Grid Energy Research Institute, China. Zheng Hu is a PhD candidate at the Center for Energy and Environmental Policy, University of Delaware, USA.
Authors and Affiliations
Bibliographic Information
Book Title: Electricity Economics: Production Functions with Electricity
Authors: Zhaoguang Hu, Zheng Hu
DOI: https://doi.org/10.1007/978-3-642-40757-4
Publisher: Springer Berlin, Heidelberg
eBook Packages: Energy, Energy (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2013
Hardcover ISBN: 978-3-642-40756-7Published: 10 December 2013
Softcover ISBN: 978-3-662-52465-7Published: 27 August 2016
eBook ISBN: 978-3-642-40757-4Published: 22 November 2013
Edition Number: 1
Number of Pages: XV, 441
Number of Illustrations: 329 b/w illustrations, 28 illustrations in colour
Topics: Energy Policy, Economics and Management, Energy Policy, Economics and Management, Industrial Organization