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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 4 Allen elasticity of substitution among power sources in substitutional scenarios

From: Investigation of Japanese electricity industry using a CGE model of translog function

Scenario 1

N

T

H

R

Scenario 2

N

T

H

R

N

− 1.00

1.25

1.25

2.50

N

− 1.00

1.25

1.25

− 2.50

T

1.25

− 1.00

1.25

5.00

T

1.25

− 1.00

1.25

5.00

H

1.25

1.25

− 1.00

2.50

H

1.25

1.25

− 1.00

− 2.50

R

2.50

5.00

2.50

− 1.00

R

− 2.50

5.00

− 2.50

− 1.00

  1. To assume the elasticity of substitution, we consulted Wissema and Dellink (2007) and Benavente (2016)
  2. N, T, H, and R indicate nuclear, thermal, hydro, and renewable power generation, respectively