Energy Demand in Industry: What Factors Are Important?

The book presents a shastic analysis based on production risk and application of this method in the industrial sector under production risk where energy use is an input factor. Using South Korea as a case study, the book empirically models energy demand at the industrial level and analyzes the results to identify key determinants of energy demand, productions level, productions risk and energy usage efficiency.

Particular attention is paid to the factors that enhance production risk or inc...