A Decomposition Analysis of Energy Use in the Japanese Economy

Makoto Tamura and Shinichiro Okushima
Additional contact information
Makoto Tamura: The University of Tokyo
Shinichiro Okushima: The University of Tokyo

No 190, Computing in Economics and Finance 2006 from Society for Computational Economics

Abstract: The purpose of this paper is to present a new approach to evaluating structural change of the economy in a multisector general equilibrium framework. The multiple calibration technique is applied to an ex post decomposition analysis of structural change between periods, enabling the distinction between price substitution and technological change to be made for each sector. This approach has the advantage of sounder microtheoretical underpinnings when compared with conventional decomposition methods. The proposed technique is empirically applied to changes in energy use and carbon dioxide emission in the Japanese economy following the oil crises. The results show that technological change is of great importance for curtailing energy use and carbon dioxide emission in Japan. While economic growth increased CO2 emission by itself, other effects such as technological change for labor or energy mitigated increases in that period.

Keywords: Calibration; Decomposition; Energy (search for similar items in EconPapers)
JEL-codes: C67 D58 Q40 (search for similar items in EconPapers)
Date: 2006-07-04
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:sce:scecfa:190

Access Statistics for this paper

More papers in Computing in Economics and Finance 2006 from Society for Computational Economics Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().