GSTDTAP  > 气候变化
DOI10.1016/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
ISSN0301-4215
EISSN1873-6777
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
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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.
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