Quantitative Relationship Between Domestic Energy Consumption and the Standard of Living in Hungary

Csaba Domán ()
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Csaba Domán: University of Miskolc

Theory Methodology Practice (TMP), 2012, vol. 8, issue 01, 7-12

Abstract: The changes in the energy consumption prices in the last few decades have caused a lot of trouble for the citizens. We can observe anundesirable tendency in energy prices indicated by the collective effect of several factors. This leads to difficulties for residents,because their income has not followed the rise of the energy prices. The problem is even worse regarding the fact that a significantpart of residential use depends on fossil fuels. Only a small percentage of the citizenship can afford to supply their energy needs fromnew types of fuels. This paper attempts to determine a relationship between the population’s standard of living and energyconsumption in Hungary.

Keywords: energy consumption; renewable energy; standard of living (search for similar items in EconPapers)
JEL-codes: C10 H31 I30 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:mic:tmpjrn:v:8:y:2012:i:01:p:7-12

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