Measurement of Energy Efficiency: A New Economic Indicator

Chung-Huang Huang and Chin-Wen Yang

No 4303, EcoMod2012 from EcoMod

Abstract: Energy productivity, defined as the ratio of GDP to energy used, is pervasively used as an indicator of energy efficiency at national level, although it is not an appropriate one. We point out that the traditional energy productivity could measure only the cost effectiveness of energy to achieve a given level of real GDP, but not the efficiency of energy per se. After critically reviewing a number of existing indicators, we propose a new economic indicator to measure energy inefficiency that could be decomposed into four components, wirh each representing the inefficiency source. Meanwhile, the new indicator also allows us to compare energy inefficiency under alternative environemntal regims. Actual data is used to demonstrate the trend of energy efficiency in Taiwan, and the underlying driving forces contributing to inefficiency are also identified. See above See above

Keywords: Taiwan; Energy and environmental policy; Modeling: new developments (search for similar items in EconPapers)
Date: 2012-07-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://ecomod.net/system/files/
Our link check indicates that this URL is bad, the error code is: 403 Forbidden (http://ecomod.net/system/files/ [301 Moved Permanently]--> https://ecomod.net/system/files/)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekd:002672:4303

Access Statistics for this paper

More papers in EcoMod2012 from EcoMod Contact information at EDIRC.
Bibliographic data for series maintained by Theresa Leary ().