Structural changes and energy-demand forecasting in industry with applications to two newly industrialized countries
B.W. Ang (iseangbw@nus.edu.sg)
Energy, 1987, vol. 12, issue 2, 101-111
Abstract:
The structure of industrial energy use and output are studied, based on the developments of the two fast growing economies of Singapore and Taiwan. Changes in the composition of industry are analyzed, creating a better picture of structural and technical effects on the ratio of energy used to output. Methods to incorporate these two effects in energy-demand forecasting are developed. The energy implications of alternative industrial developments, such as savings that could be realized through placing a higher priority on the developments of less energy-intensive industries, are examined. It is found that structural changes have a major influence on trends in industrial energy use. Structural effects should therefore be identified and taken into consideration, either implicitly or explicitly, in industrial energy-demand forecasting.
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:12:y:1987:i:2:p:101-111
DOI: 10.1016/0360-5442(87)90113-7
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