OECD Energy Intensity: Measures, Trends, and Convergence
Brantley Liddle
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper focuses on several different measures of OECD countries’ energy intensity levels, plots their trends, applies a number of techniques to determine whether those intensities are converging, explores the importance of that convergence, and estimates the future steady-state or long-run distribution of energy intensity for the OECD. The paper finds that OECD energy intensity typically is declining, and a number of parametric and nonparametric methods indicate a strong degree of convergence. However, convergence is conditioned on country specific factors since differences in individual energy-GDP ratios persist. These findings suggest limits to the general decline in developed country energy intensity.
Keywords: energy intensity; convergence; intra-distribution dynamics; energy quality index; OECD countries (search for similar items in EconPapers)
JEL-codes: Q43 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (18)
Published in Energy Efficiency 4.5(2012): pp. 583-597
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52085
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