Zhaoguang Hu Zheng Hu Hu Electricity Economics: Production Functions with Electricity

Electricity Economics: Production Functions with Electricity

von Zhaoguang Hu Zheng Hu

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Beschreibung

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.


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.


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

Autor*in

Zhaoguang Hu

Themen in »Electricity Economics: Production Functions with Electricity«

E-GDP Function EAI Production Function Electricity Consumption Economics Electricity Input-Output Table Gene of the Economy Production Function from Electricity Up-Industrialization

Stimmen zu »Electricity Economics: Production Functions with Electricity«

Details

ISBN: 9783642407567
Verlag: Springer Berlin
Erscheinung: 10.12.2013

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