The Demand for Energy in Swedish Manufacturing Industries
分析了瑞典制造业中能源需求的价格敏感度以及能源与其他生产要素之间的替代可能性，发现能源价格变化对消费有显著影响，但高价格可能减缓投资。
The price sensitivity of energy demand and the substitution possibilities between energy and other aggregate production factors in Swedish manufacturing industries are analyzed. Both homothetic and nonhomotethic specifications of a translog cost function are estimated using annual data for the period 1952-1976 for total Swedish manufacturing and for 12 manufacturing subsectors. The results indicate that relative changes in energy prices have significant effects on energy consumption. There is evidence, however, that adjustment to higher energy prices may be accompanied by a deceleration in investment.