This paper provides an example of several modeling and econometric advances used in the panel estimation of energy demand elasticities. The paper models the demand of total, industrial, and transport energy consumption and residential and commercial electricity consumption by analyzing US...

This paper summarizes and expands the state-of-the-art understanding of the urbanization, development, environment, and inequality nexus. Economic growth/development, urbanization, and energy/electricity consumption are all highly correlated. While urbanization may be more evidence of economic...

We examine the GDP – energy use nexus in OECD countries over the period of 1960 – 2014. For the first time, energy use and GDP data are both disaggregated into their main components. Panel cointegration techniques addressing heterogeneity and cross-sectional dependence are employed to infer...

New fears about escalating fuel prices and accumulating inflation are raising concerns about the possible dimming of near-term prospects for world economic growth. The role of energy prices in shaping economic growth relates not only to geopolitical risks or environmental taxes but also to a...