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countries and 35 sectors for 1995-2009. We find South-North convergence of energy and labor intensities, an energy bias of … import-driven convergence and no robust difference between imports of intermediate and investment goods. Accordingly, trade …
Persistent link: https://www.econbiz.de/10010312879
We present a detailed analysis of energy intensity developments across 23 service sectors in 18 OECD countries over the period 1980-2005. We find that the shift towards a service economy has contributed to lower overall energy intensity levels in the OECD, but this contribution would have been...
Persistent link: https://www.econbiz.de/10010326299
aggregate energy intensity dynamics. A convergence analysis reveals that only after 1995 cross-country variation in aggregate … convergence in Services. Moreover, we find evidence for the hypothesis that across sectors lagging countries are catching-up with … leading countries, with rates of convergence on average being higher in Services than in Manufacturing. Aggregate convergence …
Persistent link: https://www.econbiz.de/10010326376
This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and...
Persistent link: https://www.econbiz.de/10011390934
This paper investigates the time-series properties of the price of iron ore. The focus is on testing a unit-root null hypothesis against a trend-stationary alternative, with a structural break allowed under both hypotheses. We consider unit-root tests with or without structural breaks, applied...
Persistent link: https://www.econbiz.de/10010321602
One of the most promising ways of meeting climate policy targets is improving energy efficiency, i.e. reducing the amount of scarce and polluting resources needed to produce a given quantity of output. This study undertakes an empirical exercise using the World Input-Output Database (WIOD), a...
Persistent link: https://www.econbiz.de/10010478798
One of the most promising ways of meeting climate policy targets is improving energy efficiency, i.e. reducing the amount of scarce and polluting resources needed to produce a given quantity of output. This study undertakes an empirical exercise using the World Input-Output Database (WIOD), a...
Persistent link: https://www.econbiz.de/10010481518
Having had little time to absorb the economic and social shock of the COVID-19 pandemic, the EU is confronted with yet another crisis - rising energy prices due to Russia's war in Ukraine coupled with inflation reaching historic levels. Household burdens vary greatly across and within EU member...
Persistent link: https://www.econbiz.de/10014334674
Traditional climate policy is based on the market-liberal paradigm that relies on carbon pricing, a belief in self-regulating markets, and transfer payments for the so-called "losers" of the transfor- mation process. The market-liberal approach to climate policy is certain to fail because it is...
Persistent link: https://www.econbiz.de/10014459442
In Deutschland besteht seit dem Beschluss des Energiekonzepts der schwarz-gelben Koalition im Jahr 2010 und dem im Jahr 2011 erneut bestätigten Ausstieg aus der Kernenergie ein Konsens, die Stromerzeugung bis zum Jahr 2050 so umzubauen, dass die erneuerbaren Energien daran den Hauptanteil...
Persistent link: https://www.econbiz.de/10010313077