Do time phase and income influence the convergence in energy intensity? A cross-country analysis
Yu Sang Chang,
Seongmin Jeon and
Nei Hei Park
International Journal of Energy Technology and Policy, 2019, vol. 15, issue 2/3, 301-319
Abstract:
Countries' energy intensity levels are known to converge at both global and regional levels. We test the convergence in energy intensity using a large recent dataset: a 151-country sample during the period of 1980-2010. In addition, time phase and income are examined to identify the factors that influence a country's aggregate level of energy intensity. With income time-phased analysis, we discovered a pronounced convergence during the period between 1980 and 1990 and then a moderate convergence later during the period. With the subgroup analysis, middle income yields the most rapid convergence. Furthermore, high income's negative role is so pervasive that non-convergence or divergence may take place.
Keywords: energy intensity; convergence; time phased; income; distribution dynamics. (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetpo:v:15:y:2019:i:2/3:p:301-319
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