This study differentiates between the impacts of primary energy consumed and energy consumed in the power sector, on overall economic growth, to efficiently target the energy conservation policies. We employed Autoregressive Distributed Lag modeling to test the presence of a long run...

This paper sets up a model of private consumption for selected EU countries with special emphasis on the consumption categories heating and transport. Sustainable consumption patterns require a "decoupling" of energy or materials use from satisfaction of consumers' needs and demands. Starting...

The income elasticity of consumption depends not only on the demand function but also on the characteristics of the supply function. If the supply of the underlying good (e.g., gasoline, natural gas, or housing) is not completely elastic, the income elasticity of equilibrium consumption will be...