The Impact of Industrial Energy Efficiency on Economic and Social Indicators

Alessandra Celani de Macedo, Nicola Cantore (), Laura Barbier, Marco Matteini and Giorgia Pasqualetto
Additional contact information
Alessandra Celani de Macedo: UNIDO
Laura Barbier: UNIDO
Marco Matteini: UNIDO
Giorgia Pasqualetto: UNIDO

No 2020.01, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Inclusive and sustainable industrial development implies environmental friendly industrial growth with positive implications for social targets such as employment generation. One of the most important options available to policymakers for reducing CO2 emissions is industrial energy efficiency, which is particularly relevant for the discussion on green industrialization. Despite this intuitive concept, the economics measurement toolkit still lacks a methodological framework to analyse the extent to which energy efficiency interventions can generate simultaneous economic, environmental and employment-related improvements to boost inclusive and sustainable industrial development. This study fills this gap by introducing an original approach based on input-output tables to estimate the impact of improvements in industrial energy efficiency on value added, employment and energy savings among industries in the Republic of North Macedonia. The results show that triple dividends are possible in terms of inclusive and sustainable industrial development. Whereas a positive impact on employment is found in every scenario, a positive outcome in terms of value added essentially depends on the country’s capacity to produce goods that accommodate firms’ increasing demand from their use of energy cost savings.

Keywords: Economics; Input-output Analysis; Employment Creation; Energy Efficiency (search for similar items in EconPapers)
JEL-codes: Q40 Q49 (search for similar items in EconPapers)
Date: 2020-08
New Economics Papers: this item is included in nep-ene, nep-env and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://feem-media.s3.eu-central-1.amazonaws.com/w ... oads/NDL2020-001.pdf (application/pdf)

Related works:
Working Paper: The Impact of Industrial Energy Efficiency on Economic and Social Indicators (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2020.01

Access Statistics for this paper

More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Prina Cerai ( this e-mail address is bad, please contact ).