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Global energy use: Decoupling or convergence?

Zsuzsanna Csereklyei and David Stern

Energy Economics, 2015, vol. 51, issue C, 633-641

Abstract: We examine the key factors driving change in energy use globally over the past four decades. 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 overtime in richer countries, ceteris paribus. Our econometric approach is robust to the presence of unit roots, unobserved time effects, and spatial effects. 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: O13 Q43 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (56)

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Working Paper: Global energy use: Decoupling or convergence? (2014) Downloads
Working Paper: Global Energy Use: Decoupling or Convergence? (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:51:y:2015:i:c:p:633-641

DOI: 10.1016/j.eneco.2015.08.029

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Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

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