2015
DOI: 10.1016/j.energy.2015.07.011
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Determinants of energy intensity in the European Union: A panel data analysis

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Cited by 109 publications
(40 citation statements)
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“…Statistical significance of the electricity price variable indicates that its level and structure should be considered and used as a valuable socio-economic and energy policy tool for developing more effective electricity pricing schemes, as observed by Filipovic et al [48]. However, a very low price elasticity of electricity indicates that, at least in the short-run, energy policy will not be effective from the environmental and social point of view.…”
Section: Regression Results With Discussionmentioning
confidence: 99%
“…Statistical significance of the electricity price variable indicates that its level and structure should be considered and used as a valuable socio-economic and energy policy tool for developing more effective electricity pricing schemes, as observed by Filipovic et al [48]. However, a very low price elasticity of electricity indicates that, at least in the short-run, energy policy will not be effective from the environmental and social point of view.…”
Section: Regression Results With Discussionmentioning
confidence: 99%
“…On the other hand, this indicator has been criticized a lot and several shortcomings thereof have been pointed out. First of all, energy intensity is an indicator composed of energy consumption and GDP, the two indicators whose ratio is not clearly defined, in terms of both the type and the degree of positive and/or negative impact [56,57]. There is a general view that energy intensity is certainly a better indicator than energy consumption [58].…”
Section: Selection Of Individual Indicatorsmentioning
confidence: 99%
“…On the other hand, fluctuations in energy prices could have also influenced the industrial energy performances as suggested by Amador (2010), EU (2014a), EU (2014b), Filipović et al (2015) and Scholtens and Yurtsever (2012). Particularly, EU (2014a) pointed out that energy-intensive industries of EU countries are most exposed to increases in energy prices.…”
Section: Economic Transitionmentioning
confidence: 99%
“…Amador (2010), EU (2014a), EU (2014b), Filipović et al (2015) and Varandas Ferreira (2013), variations in the international prices of crude oil and natural gas also contributed to the energy transition in combination with policy. World crude oil prices witnessed a sharp increase after 2001, they were over 4 times higher in 2010 than in 2000 (EIA, 2014).…”
Section: Energy Transitionmentioning
confidence: 99%