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

Journal of Economic Structures Cover Image

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