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Essays in Industrial Organization.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays in Industrial Organization./
作者:	Zhang, Ke.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2012,
面頁冊數:	79 p.
附註:	Source: Dissertations Abstracts International, Volume: 74-03, Section: A.
Contained By:	Dissertations Abstracts International74-03A.
標題:	Economics. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3522880
ISBN:	9781267553850

Essays in Industrial Organization.
Zhang, Ke.

Essays in Industrial Organization. - Ann Arbor : ProQuest Dissertations & Theses, 2012 - 79 p.

Source: Dissertations Abstracts International, Volume: 74-03, Section: A.

Thesis (Ph.D.)--The University of Wisconsin - Madison, 2012.

This item must not be added to any third party search indexes.

Chapter 1 Impact of the Sulfur Content Regulation on Refinery Input Choices The U.S. Environmental Protection Agency decided in 2000 to enact a policy change that reduced the amount of sulfur permitted in diesel fuel. The goal of this paper is to examine how the policy change affected the decision process of a refinery in choosing the optimal type of crude oil to be used as raw material. This paper uses panel data on U.S. refineries from 1994 to 2009 to determine how did refinery choices in the type of crude oil used change with the implementation of the new policy. Chapter 2 Estimation of a Production Function with Differentiated Input Unlike traditional heterogeneity in total factor productivity, refineries produce a mix of outputs and each refinery has a comparative advantage for a different mix of products. In order to accurately capture the production of petroleum outputs for economic analysis, refinery technology and crude oil characteristics must be taken into account. To model the multiple outputs, I use a CES production function to capture the substitutability between each output. In this paper I generalize the share parameter by allowing the output share to be a function of both plant and crude oil characteristics. Chapter 3 The Effect of Sulfur Content Regulation on the U.S. Diesel Market The goal of this paper is to quantify the effects of the policy change on the diesel fuel market. I will investigate the impact on the marginal cost of diesel and other petroleum products for U.S. refineries. Also, I will quantify the effects on the diesel wholesale prices in each state and determine how each region in the U.S. may be impacted differently by the new regulation.

ISBN: 9781267553850Subjects--Topical Terms:

517137
Economics.
Subjects--Index Terms:

Diesel

Essays in Industrial Organization.
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500 $a Advisor: Houde, Jean-Francois.
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506 $a This item must not be added to any third party search indexes.
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520 $a Chapter 1 Impact of the Sulfur Content Regulation on Refinery Input Choices The U.S. Environmental Protection Agency decided in 2000 to enact a policy change that reduced the amount of sulfur permitted in diesel fuel. The goal of this paper is to examine how the policy change affected the decision process of a refinery in choosing the optimal type of crude oil to be used as raw material. This paper uses panel data on U.S. refineries from 1994 to 2009 to determine how did refinery choices in the type of crude oil used change with the implementation of the new policy. Chapter 2 Estimation of a Production Function with Differentiated Input Unlike traditional heterogeneity in total factor productivity, refineries produce a mix of outputs and each refinery has a comparative advantage for a different mix of products. In order to accurately capture the production of petroleum outputs for economic analysis, refinery technology and crude oil characteristics must be taken into account. To model the multiple outputs, I use a CES production function to capture the substitutability between each output. In this paper I generalize the share parameter by allowing the output share to be a function of both plant and crude oil characteristics. Chapter 3 The Effect of Sulfur Content Regulation on the U.S. Diesel Market The goal of this paper is to quantify the effects of the policy change on the diesel fuel market. I will investigate the impact on the marginal cost of diesel and other petroleum products for U.S. refineries. Also, I will quantify the effects on the diesel wholesale prices in each state and determine how each region in the U.S. may be impacted differently by the new regulation.
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