{"id":1462,"date":"2025-11-11T10:51:08","date_gmt":"2025-11-11T09:51:08","guid":{"rendered":"https:\/\/dev.cere.se\/?p=1462"},"modified":"2025-11-11T10:52:21","modified_gmt":"2025-11-11T09:52:21","slug":"new-paper-on-the-effects-of-energy-price-shocks-on-the-industrial-firm-2","status":"publish","type":"post","link":"https:\/\/dev.cere.se\/?p=1462&lang=en","title":{"rendered":"New paper on the effects of energy price shocks on the industrial firm"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"769\" height=\"834\" src=\"https:\/\/dev.cere.se\/wp-content\/uploads\/2025\/11\/image-1.png\" alt=\"\" class=\"wp-image-1453\" srcset=\"https:\/\/dev.cere.se\/wp-content\/uploads\/2025\/11\/image-1.png 769w, https:\/\/dev.cere.se\/wp-content\/uploads\/2025\/11\/image-1-277x300.png 277w\" sizes=\"auto, (max-width: 769px) 100vw, 769px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Abstract:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this paper, we empirically examine the dynamic effects of electricity and fuel price changes on factor demand, utilizing detailed firm-level data from the Swedish manufacturing industry spanning 2004\u20132022. We employ a panel vector autoregressive model to analyze factor inputs and their associated prices. Our findings indicate that the demand for electricity and fuel is inelastic both immediately following a price change and over the following five years. Additionally, our results show that energy price shocks generally do not have statistically significant effects on labor demand, nor do they indicate any significant inter-fuel substitution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Link to paper:&nbsp;<a href=\"https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0140988325008552\">https:\/\/www.sciencedirect.com\/science\/article\/pii\/S0140988325008552<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"entry-summary\">\nAbstract: In this paper, we empirically examine the dynamic effects of electricity and fuel price changes on factor demand, utilizing&hellip;\n<\/div>\n<div class=\"link-more-container\"><a href=\"https:\/\/dev.cere.se\/?p=1462&#038;lang=en\" class=\"link-more\" aria-label=\"Continue reading New paper on the effects of energy price shocks on the industrial firm\">Continue reading&hellip;<\/a><\/div>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[33],"tags":[],"class_list":["post-1462","post","type-post","status-publish","format-standard","hentry","category-news","entry","entry-type-post"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/posts\/1462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.cere.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1462"}],"version-history":[{"count":1,"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/posts\/1462\/revisions"}],"predecessor-version":[{"id":1463,"href":"https:\/\/dev.cere.se\/index.php?rest_route=\/wp\/v2\/posts\/1462\/revisions\/1463"}],"wp:attachment":[{"href":"https:\/\/dev.cere.se\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.cere.se\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.cere.se\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}