Showing 1 - 10 of 18
We replicate Stern (1993, Energy Economics), who argues and empirically demonstrates that it is necessary (i) to use quality-adjusted energy use and (ii) to include capital and labor as control variables in order to find Granger causality from energy use to GDP. Though we could not access the...
Persistent link: https://www.econbiz.de/10012920783
Improving energy efficiency is often considered to be one of the keys to reducing greenhouse gas emissions. However, efficiency gains also reduce the cost of energy services and may even reduce the price of energy, resulting in energy use rebounding and potential energy use savings being eaten...
Persistent link: https://www.econbiz.de/10013225888
Persistent link: https://www.econbiz.de/10012820027
Persistent link: https://www.econbiz.de/10010354943
Persistent link: https://www.econbiz.de/10010428216
Drawing on the Kaya identity, we assess the role of the main driver of the decline in carbon intensity, namely the (economic) energy intensity. Using meta-significance testing for a sample of 44 studies, dealing with the causality between energy and GDP, we find that both variables are strongly...
Persistent link: https://www.econbiz.de/10009552215
The size of the economy-wide rebound effect is crucial for estimating the contribution that energy efficiency improvements can make to reducing greenhouse gas emissions and for understanding the drivers of energy use. Existing estimates, which vary widely, are based on computable general...
Persistent link: https://www.econbiz.de/10012053107
Improving energy efficiency is often considered to be one of the keys to reducing greenhouse gas emissions. However, efficiency gains also reduce the cost of energy services and may even reduce the price of energy, resulting in energy use rebounding and potential energy use savings being eaten...
Persistent link: https://www.econbiz.de/10012520265
Persistent link: https://www.econbiz.de/10013410868
Time series of electricity, petroleum products, and renewables are found to be highly correlated with total energy consumption. Applying this insight to the huge literature on energy-GDP causality explains that the results of energy-GDP causality tests frequently coincide with the results of...
Persistent link: https://www.econbiz.de/10014153365