Since the 1973/1974 Arab oil embargo, there have been many different types of .energy models based upon various aspects of energy impact mechanism. Here, we will ,examine such models and develop new energy supply/demand analysis model based upon energ...
Since the 1973/1974 Arab oil embargo, there have been many different types of .energy models based upon various aspects of energy impact mechanism. Here, we will ,examine such models and develop new energy supply/demand analysis model based upon energy-economy interaction system and new functional form, i.e., transcendental logarithmic function. This modeling system is especially for analyzing integrated energy system analysis; and cover the economic growth, inter-industry transactions, and engineering process analysis in the total framework of general equilibrium.
It can give many political implications as well as the modeling concept to be used for analyzing energy supply/demand analysis related to political decision making of developing countries.