Gasoline consumption efficiency: An equivalence estimate from energy demand function and production function

摘要

This paper compares and contrasts the efficiency scores obtained fromtwo popular re- cent model variants. A surprising degree ofobservational equivalence is found, at least in the context of Chinesegasoline consumption efficiency. In light of this the study will seek toelaborate on the reasons which might imply equivalence and whatimplica- tions/opportunities this might create energy policy.