Defining, measuring and ranking energy vulnerability
Andrea Gatto () and
Francesco Busato ()
Additional contact information
Francesco Busato: University of Naples “Parthenope”, Postal: Department of Economic and Legal Studies (DISEG), Via Generale Parisi 13, Palazzo Pacanowski, Napoli, Italy
CREATES Research Papers from Department of Economics and Business Economics, Aarhus University
Vulnerability is reaching an increasing attention from both academia, international community and industry, being detected as a pillar of the development agenda. If the formal definition of overall vulnerability and resilience is still flawed in the economic literature, the measurement and mainstreaming of outlying characteristics and sound policies for energy vulnerability results almost uncovered, often overlapping with other energy issues. Energy vulnerability also results poorly enforced by regulatory, governmental, and legislative systems. After reviewing and furnishing a univocal ambient merging the multiple interpretations on such concepts, this work: i) defines energy vulnerability; ii) builds a composite indicator to measure energy vulnerability; and iii) analyzes and ranks OECD and non-OECD countries in terms of energy vulnerability. The regulatory framework, SDGs and the development agenda are examined, selected indicators from the WB’s WDI are analyzed. The indicator is weighted by a multivariate analysis and its robustness is checked through different techniques.
Keywords: energy vulnerability; composite indicators; PCA (search for similar items in EconPapers)
JEL-codes: C38 C43 O13 Q48 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aah:create:2019-01
Access Statistics for this paper
More papers in CREATES Research Papers from Department of Economics and Business Economics, Aarhus University
Bibliographic data for series maintained by ().