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Energy Markets and Global Economic Conditions
Baumeister, Christiane; Korobilis, Dimitris; Lee, Thomas K. - 2020
This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been...
Persistent link: https://www.econbiz.de/10012214193
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Energy markets and global economic conditions
Baumeister, Christiane; Korobilis, Dimitris; Lee, Thomas - 2020
This paper evaluates alternative indicators of global economic activity and other market fundamentals in terms of their usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of the most useful indicators that has been...
Persistent link: https://www.econbiz.de/10012213172
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An Empirical Analysis of the Long-run Energy Demand in Japan: 1887 -1998
Ninomiya, Yasushi - Surrey Energy Economics Centre (SEEC), School of Economics - 2000
model produces a long-run income elasticity of unitary and a long-run price elasticity of -0.15. This means that over the …
Persistent link: https://www.econbiz.de/10005543363
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Estimating Underlying Energy Demand Trends using UK Annual Data
Dimitropoulos, John; Hunt, Lester C; Judge, Guy - Surrey Energy Economics Centre (SEEC), School of Economics - 2004
estimates of the long-run price and income elasticities. The study also establishes that, provided these effects are allowed for …
Persistent link: https://www.econbiz.de/10005748105
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Asymmetric Price Responses and the Underlying Energy Demand Trend: Are they Substitutes or Complements? Evidence from Modelling OECD Aggregate Energy Demand
Adeyemi, Olutomi I; Broadstock, David C; Chitnis, Mona; … - Surrey Energy Economics Centre (SEEC), School of Economics - 2008
A number of energy demand studies have considered the importance of modelling Asymmetric Price Responses (APR), for example, the often-cited work of Gately and Huntington (2002). Griffin and Schulman (2005) questioned the asymmetric approach arguing that this is only capturing energy saving...
Persistent link: https://www.econbiz.de/10005748133
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Modelling Technical Progress: An Application of the Stochastic Trend Model to UK Energy Demand
Hunt, Lester C.; Judge, Guy; Ninomiya, Yashushi - Surrey Energy Economics Centre (SEEC), School of Economics - 2000
of exogenous factors but also by changes in energy prices (and possibly income also). …
Persistent link: https://www.econbiz.de/10005557913
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Energy trade and cooperation between the EU and CIS countries
Papava, Vladimer; Bagirov, Sabit; Grigoriev, Leonid; … - 2009
The report reviews key issues in energy trade and cooperation between the EU and CIS countries. It describes historical trends of oil and gas demand in the EU, other European and CIS countries and offers demand forecasts until 2030. Recent developments in oil and gas production and exports from...
Persistent link: https://www.econbiz.de/10010326587
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ICT and the demand for energy: Evidence from OECD countries
Rexhaeuser, Sascha; Schulte, Patrick; Welsch, Heinz - 2013
This paper analyzes the relationship between information and communication technology (ICT) and energy demand. We construct a comprehensive cross-country cross-industry panel data set covering 13 years, 10 OECD countries, and 27 industries. Using up to 2889 country-industry observations, we find...
Persistent link: https://www.econbiz.de/10010328039
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Beyond national economy-wide rebound effects: An applied general equilibrium analysis incorporating international spillover effects
Koesler, Simon; Swales, Kim; Turner, Karen - 2014
in the presence of supra-national agreements such as EU 20-20-20. The potential for energy efficiency improvements in one … develops a general equilibrium analysis of increased efficiency in productive energy use, identifying a range of channels … efficiency in one nation does impact energy use in others. However, the sectoral and spatial distribution of positive and …
Persistent link: https://www.econbiz.de/10010336114
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Modifying the Rebound: It Depends! Explaining Mobility Behaviour on the Basis of the German Socio-Economic Panel
Matiaske, Wenzel; Menges, Roland; Spieß, Martin - 2009
We address the empirical question to which extent higher fuel efficiency of cars affects additional travel and how this … efficiency on the kilometers driven. That is, the lower the fuel consumption, the larger the driven distance. However …
Persistent link: https://www.econbiz.de/10011600818