General equilibrium rebound from energy efficiency innovation

B-Tier
Journal: European Economic Review
Year: 2020
Volume: 125
Issue: C

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Energy efficiency improvements “rebound” when economic responses undercut their direct energy savings. I show that general equilibrium channels typically amplify rebound by making consumption goods cheaper but typically dampen rebound by increasing demand for non-energy inputs to production and by changing the size of the energy supply sector. Improvements in the efficiency of the energy supply sector generate especially large rebound because they make energy cheaper in all other sectors. Quantitatively, general equilibrium channels reduce rebound in U.S. consumption good sectors from 39% to 28% but increase rebound in the energy supply sector from 42% to 80%.

Technical Details

RePEc Handle
repec:eee:eecrev:v:125:y:2020:i:c:s0014292120300635
Journal Field
General
Author Count
1
Added to Database
2026-01-25