interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …

Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts … of these innovations on aggregate energy use are highly varied. We develop a general equilibrium model to investigate …-specific energy efficiency improvements affect aggregate energy use through adjustments in factor markets and commodity markets, and a …

While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource … scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …

dioxide emissions, energy consumption, and real GDP for 12 Middle East and North African Countries (MENA) over the period 1981 …-2005. Our results show that in the long-run energy consumption has a positive significant impact on CO2 emissions. More … levels as they may achieve CO2 emissions reduction via energy conservation without negative long-run effects on economic …

The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic … tests. The countries are divided into two groups: net energy importers and net energy exporters. It is found that there … exists a long-run equilibrium relationship between energy consumption, real GDP, prices, labor and capital for each group of …