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Recent volatility in international energy prices has revealed Southeastern Europe as one of the most vulnerable regions to such external shocks. Under the current global economic downturn, in addition, the region's energy-intensive industries are faced with the challenge of weakening demand for...
Persistent link: https://www.econbiz.de/10012562702
This paper reviews the power sector demand-supply balance in Southeastern Europe (SEE), covering Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Former Yugoslav Republic of Macedonia, Romania, and Serbia and Montenegro (including Kosovo). The paper first looks at the actual balance over the...
Persistent link: https://www.econbiz.de/10012563785
This paper examines the relationship between the EBRD's project portfolio in the Western Balkan energy sector, and the region's main energy and environment problems. It argues in favour of geographically centered appraisals of the environmental sustainability of multilateral energy investment....
Persistent link: https://www.econbiz.de/10012752594
The aim of this research is to investigate the impact of energy sector reforms on electricity generation and thus economic growth in EU and Southeast European countries. The paper aims at clarifying whether the impact of energy sector reforms on generation efficiency differs among countries...
Persistent link: https://www.econbiz.de/10013002464
In the context of actual economic and energy crises when energy issues have become crucial development topic, the paper focuses the issues of regional electricity market in Southeast Europe. The electricity sector in Southeast Europe has gone through extensive economic reforms and the...
Persistent link: https://www.econbiz.de/10013084272
This paper examines the statistical properties of energy consumption in the GCC countries applying fractional integration methods to annual data from 1980 to 2014. The results indicate that both the raw and the logged series exhibit a (statistically significant) linear time trend in the case of...
Persistent link: https://www.econbiz.de/10011962319
We examine causal links between energy consumption and health indicators (Mortality rate under-5, life expectancy, greenhouse effect, and government expenditure per capita) for a sample of 16 African countries over the period 1971-2010 (according to availability of countries' data). We use the...
Persistent link: https://www.econbiz.de/10011580573
This paper applies the most recently developed autoregressive distributed lag (ARDL) co-integration procedure to re-investigate co-integration and the causal relationship between energy consumption and real GDP within a multivariate framework that includes capital stock and labor input for...
Persistent link: https://www.econbiz.de/10010520878
Whether China continues its current energy-intensive growth path or adopts a sustainable development prospect has significant implication for energy and climate governance. Building on a Ramsey-Cass-Koopmans growth model incorporating the mechanism of endogenous technological change and its...
Persistent link: https://www.econbiz.de/10010459894
This study investigates the impact of energy consumption on poverty reduction in a panel of 12 African countries over a period of 1981-2014. Using the Fully Modified Ordinary Least Square (FMOLS) method, the study shows that a long-run negative relationship exists between energy consumption and...
Persistent link: https://www.econbiz.de/10011922728