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Global Energy Use: Decoupling or Convergence?

Zsuzsanna Csereklyei and David Stern ()

CCEP Working Papers from Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University

Abstract: We examine the key factors driving change in energy use globally over the past four decades. Our econometric approach is robust to the presence of unit roots, unobserved time effects, and spatial effects. We test for both strong decoupling where economic growth has less effect on energy use as income increases, and weak decoupling where energy use declines over time in richer countries, ceteris paribus. Our key findings are that the growth of per capita energy use has been primarily driven by economic growth, convergence in energy intensity, and weak decoupling. There is no sign of strong decoupling.

Keywords: energy consumption; convergence; decoupling (search for similar items in EconPapers)
JEL-codes: Q43 O13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene
Date: 2014-12
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Related works:
Journal Article: Global energy use: Decoupling or convergence? (2015) Downloads
Working Paper: Global energy use: Decoupling or convergence? (2014) Downloads
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Persistent link: http://EconPapers.repec.org/RePEc:een:ccepwp:1419

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