Showing 1 - 10 of 1,066,923
interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10012817938
It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth … under two group. For Group 1, Pedroni panel cointegration test and ARDL bound test results show that biomass energy … consumption and economic growth are cointegrated. FMOLS results suggest that biomass energy consumption has positive effect on the …
Persistent link: https://www.econbiz.de/10013089490
The point of departure for the study of the impact of energy and environmental policies is the neoclassical theory of … independent of energy and environmental policies. However, these policies affect capital accumulation and rates of productivity … growth that determine the intermediate-run trends that are important for policy evaluation. Heterogeneity of different energy …
Persistent link: https://www.econbiz.de/10014025283
Standard economic theory regards capital and labour as the main factors of production that satisfy the “cost …-share theorem”. This paper argues that when a third factor, namely energy, is added physical constraints on substitution among the … factors arise. We show that energy is a much more important factor of production than its small cost share may indicate. This …
Persistent link: https://www.econbiz.de/10014038302
economy. We apply an index decomposition analysis (IDA) to understand the factors influencing energy demand in a panel of 31 … composition of the economy and technical improvements, accounting for the quality of energy flows and actual work potential …-sector heterogeneity in the structure of energy demand. Industries are then classified by digital intensity categories, allowing us to …
Persistent link: https://www.econbiz.de/10015393782
Energy is a globally important factor of production - the growth of population and income increase energy consumption …, so there is an urge to decrease it. However, there are different ways to reduce energy consumption, and one of them is … energy efficiency. The aim of the paper is to give a theoretical review of energy efficiency and its benefits. The purpose of …
Persistent link: https://www.econbiz.de/10012522855
interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10013300865
energy Kuznets curve, with an initial decline of energy demand at low levels of per capita income followed by stages of … acceleration and then saturation at high-income levels. Historical trends in energy efficiency have reduced energy demand, globally …, by about 1.2 percent per year and have, thus, helped bring forward a plateau in energy demand for high income countries …
Persistent link: https://www.econbiz.de/10013252030
This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … desired levels according to the prescription of the SDG of per water, energy and food capita consumption is reached by each … investment have a positive accelerating effect on food convergence as well as on energy convergence. …
Persistent link: https://www.econbiz.de/10012487810
economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb … production factors and whose numerical values have been obtained for Germany, Japan, and the USA, are for energy much larger and … for labor much smaller than the cost shares of these factors. Energy and its conversion into physical work accounts for …
Persistent link: https://www.econbiz.de/10009743229