A Global Perspective on the Long-term Impact of Increased Energy Efficiency

Nillesen, Paul; Haffner, Robert C. G.; Özbuğday, Fatih Cemil

doi:10.1016/b978-0-12-397879-0.00003-7

Cited by 3 publications

(3 citation statements)

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“…Schäfer (2005) finds similar results with those of Judson et al (1999) regarding household and industrial sectors and shows that in the service sector energy consumption decreases monotonically with national income. See also Boyd et al (1987); Metcalf (2008); Wing (2008) and Nillesen et al (2013), ch. 3, pp 93. decreases slightly thereafter for the industrial countries.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Concerning commercial energy intensity, even thought previous studies have shown it exhibits an inverted U-shaped relationship, Lescaroux (2011) states that various shapes of this relationship may emerge (decreasing, U, inverted U and inverted N shapes) depending on the initial conditions of the economy, the short-term dynamics or other catch-up effects that may intervene such us the substitution of non commercial by modern fuels or the increase of the popularity of passenger cars in the Western countries. Nillesen et al (2013) provide a global perspective on the development of energy efficiency by analysing 65 developing and developed countries from 1971 to 2009. The authors use a GMM estimation method to explore the relationship between energy intensity and income level and divide the sample of countries into four groups: poor, low-income, middle-income and high-income countries.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Method of Estimation Narayan (2016) Predictive Regression model Nillesen et al (2013) ECM -GMM Polemis and Dagoumas (2013) ECM -OLS, DOLS, FMOLS & CCR Jakob et al (2012) Difference in Difference Estimaror Lescaroux (2011) Log linear equations -Iterative Least Squares Soytas and Sari (2003) ECM -OLS Medlock and Soligo (2001) 2SLS Approach Judson et al (1999) Engel curve model -OLS Galli (1998) ECM Final energy consumption in industry covers all industrial sectors with the exception of the energy sector, like power stations, oil refineries, coke ovens and all other installations transforming energy products into another form. Final energy consumption in households/services covers quantities consumed by private households, small-scale industry, crafts, commerce, administrative bodies, services with the exception of transportation, agriculture and fishing.…”

Section: Appendixmentioning

confidence: 99%

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The relationship between energy demand and real GDP growth rate: The role of price asymmetries and spatial externalities within 34 countries across the globe

Fotis¹,

Karkalakos

Asteriou

2017

Energy Economics

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The aim of this paper is to empirically explore the relationship between energy demand and real Gross Domestic Product (GDP) growth and to investigate the role of regional externalities on per capita Final Energy Consumption (FEC) in 34 countries during the period from 2005 to 2013. The paper utilizes a Dynamic Panel Generalized Method of Moments (DPGGM) approach in order to analyse the effect of real GDP growth rate on FEC through an Error Correction Model (ECM) and spatial econometric techniques in order to examine clustered patterns of energy consumption. The results show that a) the demand is elastic both in the industrial and the household/services sectors, b) electricity and natural gas are demand substitutes, c) the relationship between real GDP growth rate and per capita energy consumption exhibits an inverted U-shape for all the sample countries under scrutiny (34 countries, Eurozone and EU28), but not for all the employed sectors of the economy, d) price (electricity and gas) and GDP growth asymmetries are supported from the employed parametric tests, and, e) distance does not affect per capita FEC, but economic neighbours have a strong positive effect.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Appendixmentioning

confidence: 99%

See 1 more Smart Citation

The relationship between energy demand and real GDP growth rate: The role of price asymmetries and spatial externalities within 34 countries across the globe

Fotis¹,

Karkalakos

Asteriou

2017

Energy Economics

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Enerji Verimliliğinin Enerji Güvenliği ve Enerji Sürdürülebilirliği Odağında Kavramsallaştırılması

Koçaslan

2022

Stratejik Ve Sosyal Araştırmalar Dergisi

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As energy is essential to life utilizing energy resources efficiently has been at the top of the agendas of the governments and energy efficiency has been among the major components of energy policies so far. However it is not that easy to achieve energy efficiency as it is inherently related to the other components of sustainability. Sustainability plays a key role in development goals of the countries and refers to sustainable economic, social, environmental, political and security policies. It is critical to promote sustainability showing regard to each of them without any conflict. This research presents a comprehensive understanding of energy efficiency focusing on energy sustainability and energy security. It is aimed to better understand energy efficiency within the scope of energy sustainability and energy security.

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Convergence of Energy Efficiency in OECD Countries

Görüş

Karagöl

2023

Perspectives on Ecological Degradation and Technological Progress

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Studying energy efficiency is becoming a common trend in energy economics research recently. This chapter aims to explore the stochastic convergence of energy efficiency across 27 OECD countries from 1971 to 2018. For this aim, this chapter calculates the energy efficiency index based on the Fisher's Ideal index. Then, this chapter utilizes the panel stationarity test with sharp and smooth breaks introduced by Bahmani-Oskooee et al. There are two main advantages of this methodology over the conventional panel stationarity tests. First, it considers the cross-sectional dependency in the series. Second, the test combines both sharp and smooth structural breaks in the series. The empirical results of this study state that the energy efficiency index does not converge to the OECD average for 1971-2018. This result shows that the dissemination of the technology is limited across OECD countries. The empirical result of this study provides significant policy implications for energy and environmental issues.

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A Global Perspective on the Long-term Impact of Increased Energy Efficiency

Cited by 3 publications

References 10 publications

The relationship between energy demand and real GDP growth rate: The role of price asymmetries and spatial externalities within 34 countries across the globe

The relationship between energy demand and real GDP growth rate: The role of price asymmetries and spatial externalities within 34 countries across the globe

Enerji Verimliliğinin Enerji Güvenliği ve Enerji Sürdürülebilirliği Odağında Kavramsallaştırılması

Convergence of Energy Efficiency in OECD Countries

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