The stability of energy coefficients
The-Hiep Nguyen ()
Energy, 1987, vol. 12, issue 12, 1281-1287
Abstract:
We discuss the statistical and theoretical (in)stability of energy coefficients. There is a lack of consensus on aggregate energy coefficients. Over the long run, the relations between energy consumption and economic activities are quite robust, although short-run energy coefficients may vary greatly. Changes in average energy-output ratios are not necessarily more stable or meaningful than the long-run energy coefficients.
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:12:y:1987:i:12:p:1281-1287
DOI: 10.1016/0360-5442(87)90036-3
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