Breaks and trends in OECD countries' energy–GDP ratios

B-Tier
Journal: Energy Policy
Year: 2012
Volume: 45
Issue: C
Pages: 502-509

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

This paper uses the econometrics of endogenous structural breaks to examine changes in energy intensity trends for OECD countries over 1960–2009. Nearly all OECD countries currently have significant negatively trending energy–GDP ratios; but for several countries those negative trends are recent, and two countries have recent significant positive trends. For several countries, energy intensity had a significant positive trend followed by a break and then a significant negative trend. Those break-dates, however, appear to have little to do with level of development (GDP per capita). Alternatively, the volatile energy prices of the 1970s and early 1980s played a role in many of the countries that experienced inverted-V breaks. These findings have implications for future modeling and forecasting of energy consumption as well as for the role of energy price policy in developed and developing countries.

Technical Details

RePEc Handle
repec:eee:enepol:v:45:y:2012:i:c:p:502-509
Journal Field
Energy
Author Count
1
Added to Database
2026-01-25