Account for the price factor at the forecasting of the consumption of hydrocarbons on short-term prospects under conditions of the globalization

• Date: 2012
• Main Authors: Maliarenko O.Ye., Evtukhova
• Format: Article
• Language: Ukrainian
• Published: General Energy Institute of the National Academy of Sciences of Ukraine 2012
• Subjects: fuel consumption forecasting; profit elasticity coefficient; price elasticity coefficient; use value coefficient.
• Online Access: https://systemre.org/index.php/journal/article/view/453
• Journal Title: System Research in Energy

A method of forecasting of the consumption of fuel is considered, by taking the price factor into account. A methodical approach with the use of a modified production function involving the price and profit elasticities of the energy consumption and the coefficient of autonomous technical progress i...