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data for the period from 1993 to 2006. We use a bivariate model of real GDP and five energy variables: energy consumption … runs from real GDP growth to all energy variables. Our results differ from most of the studies analysing developing …The purpose of this research is to examine the causal relationship between energy and economic growth in Croatia using …
Persistent link: https://www.econbiz.de/10013081746
US energy firms: lower elasticity of innovation production function in R&D expenditure, lower probability of a radical …
Persistent link: https://www.econbiz.de/10012908037
estimates reveal several important differences across the Japanese and US energy firms: lower elasticity of innovation …
Persistent link: https://www.econbiz.de/10012896123
Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature … annual regional demand for energy goods. Combining estimates of temperature elasticities with scenarios of future climate … change, it is possible to assess variations in energy demand induced (directly) by the global warming. We use this …
Persistent link: https://www.econbiz.de/10010312445
the constraints add to factor prices. In a model, where capital, labor and energy (exergy) are the factors of production … energy-dependent production functions that are derived from the twice differentiability requirement and the law of … diminishing returns. -- Optimization ; technological constraints ; shadow prices ; output elasticities ; energy ; economic growth …
Persistent link: https://www.econbiz.de/10003850488
that climate policy stimulates a dedicated form of energy-knowledge without reducing generic R&D investments. Since … advancements in labour productivity have a negative impact on the environment because labour is assumed to be complement to energy …
Persistent link: https://www.econbiz.de/10003922925
of methods of using coal and the discovery of new fossil fuel resources. Time series analysis shows that energy and GDP … cointegrate and energy use Granger causes GDP when capital and other production inputs are included in the vector autoregression …Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream …
Persistent link: https://www.econbiz.de/10013122893
It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth … under two group. For Group 1, Pedroni panel cointegration test and ARDL bound test results show that biomass energy … consumption and economic growth are cointegrated. FMOLS results suggest that biomass energy consumption has positive effect on the …
Persistent link: https://www.econbiz.de/10013089490
Poor performance of the electricity sector remains a drag to economic efficiency and a bottleneck to economic activity in many low-income countries. This paper proposes a number of models that account for different equilibria (some better, some worse) of the electricity sector. They show how...
Persistent link: https://www.econbiz.de/10012977754
Future energy demand will be affected by changes in prices and income, but also by other factors, like temperature … annual regional demand for energy goods. Combining estimates of temperature elasticities with scenarios of future climate … change, it is possible to assess variations in energy demand induced (directly) by the global warming. We use this …
Persistent link: https://www.econbiz.de/10012708437