Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.02.069 |
Does energy price affect energy efficiency? Cross-country panel evidence | |
Antonietti, Roberto1,2; Fontini, Fulvio1,2 | |
2019-06-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 129页码:896-906 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy |
英文摘要 | In this paper, we analyze the relationship between energy intensity and energy price in a panel of 120 countries over 34 years, from 1980 to 2013. We use information on energy intensity and real oil price, and merge it with macroeconomic data on the countries' structural characteristics. We assess their long-run relationship and direction of causality using panel cointegration tests and dynamic panel data models. We identify a statistically significant, but weak negative effect of real oil price on energy intensity, which corresponds to a positive effect of energy price on energy efficiency. We also show significant, large regional differences in this relationship. We thus posit that a global policy aimed at increasing the price of oil would induce a limited increase in average energy efficiency through a more efficient use of energy, but this increase would differ considerably across regions around the world. |
英文关键词 | Energy price Energy efficiency Real oil price Panel data |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000468012900081 |
WOS关键词 | UNIT ROOTS ; STRUCTURAL-CHANGE ; INTENSITY ; TESTS ; REGRESSION ; DEBATE |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/183701 |
专题 | 气候变化 |
作者单位 | 1.Univ Padua, Marco Fanno Dept Econ & Management, Via Santo 33, I-35123 Padua, Italy; 2.Univ Padua, Giorgio Levi Cases Interdept Ctr Energy Econ & Te, Padua, Italy |
推荐引用方式 GB/T 7714 | Antonietti, Roberto,Fontini, Fulvio. Does energy price affect energy efficiency? Cross-country panel evidence[J]. ENERGY POLICY,2019,129:896-906. |
APA | Antonietti, Roberto,&Fontini, Fulvio.(2019).Does energy price affect energy efficiency? Cross-country panel evidence.ENERGY POLICY,129,896-906. |
MLA | Antonietti, Roberto,et al."Does energy price affect energy efficiency? Cross-country panel evidence".ENERGY POLICY 129(2019):896-906. |
条目包含的文件 | 条目无相关文件。 |
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