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This paper uses new and unique data derived from a consistent framework of national accounts to compute and evaluate energy intensity developments across 18 OECD countries and 50 sectors over the period 1970–2005. We find that across countries energy intensity levels tend to decrease in most...
Persistent link: https://www.econbiz.de/10010587996
This paper presents a meta-analysis of capital-energy substitution elasticities. We distinguish between Morishima elasticities, which measure technological substitution potential, and cross-price elasticities, which measure actual percentage changes in capital demand in response to energy price...
Persistent link: https://www.econbiz.de/10005228474