From theory to econometrics to energy policy : Cautionary tales for policymaking using aggregate production functions

Development of energy policy is often informed by economic considerations via aggregate production functions (APFs). We identify a theory-to-policy process involving APFs comprised of six steps: (1) selecting a theoretical energy-economy framework; (2) formulating modeling approaches; (3) econometrically fitting an APF to historical economic and energy data; (4) comparing and evaluating modeling approaches; (5) interpreting the economy; and (6) formulating energy and economic policy. We find that choices made in Steps 1-4 can lead to very different interpretations of the economy (Step 5) and policies (Step 6). To investigate these effects, we use empirical data (Portugal and UK) and the Constant Elasticity of Substitution (CES) APF to evaluate four modeling choices: (a) rejecting (or not) the cost-share principle; (b) including (or not) energy; (c) quality-adjusting (or not) factors of production; and (d) CES nesting structure. Thereafter, we discuss two revealing examples for which different upstream modeling choices lead to very different policies. In the first example, the (kl)e nesting structure implies significant investment in energy, while other nesting structures suggest otherwise. In the second example, unadjusted factors of production suggest balanced investment in labor and energy, while quality-adjusting suggests significant investment in labor over energy. Divergent outcomes provide cautionary tales for policymakers: greater understanding of upstream modeling choices and their downstream implications is needed

Energy-Extended CES Aggregate Production: Current Aspects of Their Specification and Econometric Estimation

Capital–labour–energy Constant Elasticity of Substitution (CES) production functions and their estimated parameters now form a key part of energy–economy models which inform energy and emissions policy. However, the collation and guidance as to the specification and estimation choices involved with such energy-extended CES functions is disparate. This risks poorly specified and estimated CES functions, with knock-on implications for downstream energy–economic models and climate policy. In response, as a first step, this paper assembles in one place the major considerations involved in the empirical estimation of these CES functions. Discussions of the choices and their implications lead to recommendations for CES empiricists. The extensive bibliography allows those interested to dig deeper into any aspect of the CES parameter estimation process

Cœur droit et altitude

Introduction: Altitude is associated with a decrease in partial pressure of oxygen. Hypoxia induces pulmonary vasoconstriction with subsequent fixed increase in pulmonary artery pressure, and eventual right heart failure. Current knowledge: High altitude exposure is associated with an increase in pulmonary artery pressure that is proportional to initial vasoconstriction. Echocardiographic evaluations on a large number of subjects show that the altitude-induced increase in pulmonary pressure is generally modest and does not exceed the 25 mmHg that are diagnostic of pulmonary hypertension. This does not greatly increase right ventricular afterload, so that imaging of the right ventricle only shows some alterations of indices of systolic or diastolic function, but preserved contractile reserve during exercise. In less than 1% of cases, hypoxic vasoconstriction is strong and may be a cause of severe pulmonary hypertension and right heart failure. Perspectives: The prognostic relevance of altitude-induced pulmonary hypertension and associated cardiac function alterations is not known. Treatment of hypoxic pulmonary hypertension relies on evacuation to a lower altitude, oxygen and pulmonary vasodilators. These treatment strategies have not been rigorously evaluated. Conclusions: Altitude may be a cause of right heart failure. This uncommon complication of altitude exposure requires further epidemiological and therapeutic studies.SCOPUS: re.jinfo:eu-repo/semantics/publishe

Dermatological applications of EPR : skin-deep or in-depth?

The skin is often referred to as the biggest uniform human body organ, and also as the "brain outside", exposed not only, like the lung epithelium, to the atmospheric air but to other constituents of the open environment including changeable temperature and solar irradiation. The importance of what happens in the skin is therefore not to be overestimated for general condition of the whole organism. Techniques of electron paramagnetic resonance (EPR; called also electron spin resonance, ESR) spectroscopy and imaging belong to the important experimental and diagnostic approaches in dermatology, but the size and shape of skin often make technical problems. The present chapter will cover the basic and clinical applications of EPR to study the skin (including skin tumors) and hair. As the numerous available review papers usually describe the specificity of the EPR-related methods for dermatologists, we decided to cover also some basic aspects of dermatology, to make the chapter more useful also to the specialists in EPR theory and instrumentation. A particular emphasis will be put on the most recent discoveries and innovations, to show that the apparently purely dermatological aspects of such investigations reveal also deeper, systemic implications