S. JEVONS REBOUND EFFECT ANALYSIS.THEORETICAL APPROACHES,GOOD PRACTICES AND POSSIBLE SOLUTIONS FOR ROMANIA

Gheorghe Zaman, Giani Ionel Grä‚dinaru, Alin MARICUÈš and Ana-Maria Bä‚trãžncea
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Giani Ionel Grä‚dinaru: Department of Statistics and Econometrics, The Bucharest University of Economic Studies, Institute of National Economy – Romanian Academy
Alin MARICUÈš: The Bucharest University of Economic Studies
Ana-Maria Bä‚trãžncea: The Bucharest University of Economic Studies

No 8, Working Papers from Institute of National Economy

Abstract: This paper determines the rebound effect from a comparative perspective on the Romanian economy: before and after accession to the European Union. The empirically determined rebound effect is a defined analysis of the link between production factors in order to present the non-singularity of energy in determining the economy. Therefore, factors such as capital, labor force and technological progress are included in the analysis. The rebound effect on the Romanian economy shows that it had high values when there was a lower increase in energy consumption compared to GDP growth, indicating the impact of economic sustainability in energy use. Since 2015, Romania has recorded a constant level of rebound effect involving an irrational action of energy use.

Keywords: rebound effect; energy consumption; Data Envelopment Analysis (search for similar items in EconPapers)
JEL-codes: C67 C80 P28 Q43 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2021-12, Revised 2021-12
New Economics Papers: this item is included in nep-ene and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:ine:wpaper:8:y:2021

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