Energy and Economic Growth in Europe. The Last Two Centuries

Silvana Bartoletto

Rivista di Politica Economica, 2011, issue 2, 57-75

Abstract: The aim of this article is to analyze the role of energy in longterm economic growth. Particular attention will be paid to the relation between energy and GDP. Energy productivity, that is the ratio of output to energy (Y/E), will be reconstructed and, through a decomposition analysis, I will try to show the relative importance both of rising consumption and of changes in the productivity of energy in growth of per capita output.

Keywords: economic growth; energy consumption; energy productivity; decomposition analysis (search for similar items in EconPapers)
JEL-codes: N13 N14 N73 N74 O13 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:y:2011:i:2:p:57-75

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