In modeling emissions, the literature has usually specified an explicit emission function, or treated emissions as a production input. We examine the validity of these approaches, taking into account ...

The lack of individual firm information on output prices is a major problem in the econometrics of production. In particular, it may be expected to account for a significant share of the large ...

In economics, production is the act of creating output, a good or service which has value and contributes to the utility of individuals. The act may or may not include factors of production other than ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Electricity production is the sector with the largest share of global emissions and there are many options for ...