Estimating the International GNP-Energy Relation: A Further Note
John Moroney,
Terry G. Seaks and
Donna P. Vines
The Energy Journal, 1990, vol. 11, issue 1, 167-175
Abstract:
Energy enhances the productivity of capital, labor, and other factors of production, and generally promotes higher living standards. International cross-sectional studies of aggregate output per capita are often hampered by the absence of qualitatively comparable capital and labor services. And numerical measures of cross-country differences in technology are notoriously scarce, primarily because technological differences (at a macro level) are a pretty vague concept. Thus, it is often desirable to draw a simple relationship between broad international aggregates such as GNP and energy per capita.
Keywords: GNP-Energy relation; Box-Cox analysis (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:11:y:1990:i:1:p:167-175
DOI: 10.5547/ISSN0195-6574-EJ-Vol11-No1-14
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