Energy Consumption and Economic Growth

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Publisher :
ISBN 13 : 9783867882149
Total Pages : 22 pages
Book Rating : 4.8/5 (821 download)

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Book Synopsis Energy Consumption and Economic Growth by : Ansgar Belke

Download or read book Energy Consumption and Economic Growth written by Ansgar Belke and published by . This book was released on 2010 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Consumption and Economic Growth - New Insights Into the Cointegration Relationship

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Energy Consumption and Economic Growth - New Insights Into the Cointegration Relationship by : Ansgar Hubertus Belke

Download or read book Energy Consumption and Economic Growth - New Insights Into the Cointegration Relationship written by Ansgar Hubertus Belke and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between developments on an international and a national level as drivers of the long-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international developments dominate the long-run relationship between energy consumption and real GDP. Furthermore, the results suggest that energy consumption is price-inelastic. Causality tests indicate the presence of a bi-directional.

Energy

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Publisher : John Wiley & Sons
ISBN 13 : 1119741556
Total Pages : 356 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Energy by : Pardeep Singh

Download or read book Energy written by Pardeep Singh and published by John Wiley & Sons. This book was released on 2021-09-06 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Global energy demand has more than doubled since 1970. The use of energy is strongly related to almost every conceivable aspect of development: wealth, health, nutrition, water, infrastructure, education and even life expectancy itself are strongly and significantly related to the consumption of energy per capita. Many development indicators are strongly related to per-capita energy consumption. Fossil fuel is the most conventional source of energy but also increases greenhouse gas emissions. The economic development of many countries has come at the cost of the environment. However, it should not be presumed that a reconciliation of the two is not possible. The nexus concept is the interconnection between the resource energy, water, food, land, and climate. Such interconnections enable us to address trade-offs and seek synergies among them. Energy, water, food, land, and climate are essential resources of our natural environment and support our quality of life. Competition between these resources is increasing globally and is exacerbated by climate change. Improving resilience and securing resource availability would require improving resource efficiency. Many policies and programs are announced nationally and internationally for replacing the conventional mode and also emphasizing on conservation of fossil fuels and reuse of exhausted energy, so a gap in implications and outcomes can be broadly traced by comparing the data. This book aims to highlight problems and solutions related to conventional energy utilization, formation, and multitudes of ecological impacts and tools for the conservation of fossil fuels. The book also discusses modern energy services as one of the sustainable development goals and how the pressure on resource energy disturbs the natural flows. The recent advances in alternative energy sources and their possible future growth are discussed and on how conventional energy leads to greenhouse gas formation, which reduces energy use efficiency. The different policies and models operating is also addressed, and the gaps that remained between them. Climate change poses a challenge for renewable energy, and thus it is essential to identify the factors that would reduce the possibility of relying on sustainable energy sources. This book will be of interest to researchers and stakeholders, students, industries, NGOs, and governmental agencies directly or indirectly associated with energy research.

Revisiting the Energy-Development Link

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Publisher : Springer
ISBN 13 : 3319207326
Total Pages : 89 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Revisiting the Energy-Development Link by : Kostas Bithas

Download or read book Revisiting the Energy-Development Link written by Kostas Bithas and published by Springer. This book was released on 2015-12-12 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unravelling the intricate relationship between economic development and energy consumption, this book proposes an innovative framework for the empirical investigation of the link between the economy and natural resources. It proposes a novel set of indicators to shed light on those aspects of the economic process and development that determine their requirements in terms of natural resources. Employing updated databases, this book presents tables and diagrams to compare the conventional and the new estimates of the linkage between energy and economic development (Energy Intensity) throughout the world, over the last 100 years. Whereas estimates based on the established framework for evaluating the link between energy resources and the economy indicate a strong decoupling trend, the new indicators follow substantially different paths which suggest a strong coupling between economic growth and energy use. These differences -which call into question the prevailing opinion of decoupling- are fundamental for the prospects of sustainability. This book provides a valuable resource for economists, energy and environmental analysts, natural resource managers and policy makers. It is also intended for students of ecological economics, sustainability studies, natural resource and energy economics.

Trends and Patterns of Energy Consumption in Indian Agriculture: New insights into the co-integration Model

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Publisher : Prem Jose
ISBN 13 :
Total Pages : pages
Book Rating : 4.6/5 (59 download)

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Book Synopsis Trends and Patterns of Energy Consumption in Indian Agriculture: New insights into the co-integration Model by : Prasanna Kumar P.S

Download or read book Trends and Patterns of Energy Consumption in Indian Agriculture: New insights into the co-integration Model written by Prasanna Kumar P.S and published by Prem Jose. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy and food are the major concerns of most of the developing countries including India, because most of its population (57%) depends on agriculture, which contributes 14.5 per cent to the Gross Domestic Product (GDP) of the country in 2010-11 (Economic Survey 2011-12). India has made a considerable progress in increasing agricultural production and productivity due to the introduction of high yielding varieties, intensive cropping system and increased usage of energy sources like chemicals, fertilizers and high level of mechanization. Agriculture today demands a lot of fossil fuels due to its intensification and market orientation. It demands energy not only directly for its operations but also indirectly for the manufacture of inputs like fertilizers, pesticides and machinery and implements. The productivity of farms depends greatly on the availability and judicious use of farm power by the farmers. Agricultural implements and machines enable the farmers to employ the power judiciously for production purposes. Agricultural machines increase productivity of land and labour by meeting timeliness of farm operations and increase work output per unit time. Besides, its paramount contribution to the multiple cropping and diversification of agriculture, mechanization also enables efficient utilization of inputs such as seeds, fertilizers and irrigation water. Energy consumption is a engine of economic growth in Indian agriculture many energy policies and inventions in India are designed for the needs of industry, transport and urban infrastructure, whilst agricultural energy requirements are frequently overlooked. Although agriculture contributes significantly to economic and social development, energy provision in agriculture has not received the attention the sector deserves. Energy for agriculture needs to have a higher priority in rural policy and technology assessment work in India.

Power to the People

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Publisher : Princeton University Press
ISBN 13 : 0691168229
Total Pages : 472 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Power to the People by : Astrid Kander

Download or read book Power to the People written by Astrid Kander and published by Princeton University Press. This book was released on 2015-12-29 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power to the People examines the varied but interconnected relationships between energy consumption and economic development in Europe over the last five centuries. It describes how the traditional energy economy of medieval and early modern Europe was marked by stable or falling per capita energy consumption, and how the First Industrial Revolution in the eighteenth century--fueled by coal and steam engines--redrew the economic, social, and geopolitical map of Europe and the world. The Second Industrial Revolution continued this energy expansion and social transformation through the use of oil and electricity, but after 1970 Europe entered a new stage in which energy consumption has stabilized. This book challenges the view that the outsourcing of heavy industry overseas is the cause, arguing that a Third Industrial Revolution driven by new information and communication technologies has played a major stabilizing role. Power to the People offers new perspectives on the challenges posed today by climate change and peak oil, demonstrating that although the path of modern economic development has vastly increased our energy use, it has not been a story of ever-rising and continuous consumption. The book sheds light on the often lengthy and complex changes needed for new energy systems to emerge, the role of energy resources in economic growth, and the importance of energy efficiency in promoting growth and reducing future energy demand.

Energy Markets and Economics Ⅱ

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Publisher : MDPI
ISBN 13 : 3039366769
Total Pages : 190 pages
Book Rating : 4.0/5 (393 download)

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Book Synopsis Energy Markets and Economics Ⅱ by : Seema Narayan

Download or read book Energy Markets and Economics Ⅱ written by Seema Narayan and published by MDPI. This book was released on 2020-12-29 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue brings together a collection of papers that provide economic insights into the modern energy market, which is still dominated by crude oil but has expanded to incorporate new energy sources in the form of coal, natural gas, and a mixture of renewable energy sources. Given the differences in the dynamics at play with different energy sources, particularly in relation to price determination, the impact they have on the environment, their importance in the energy mix and energy policy, and so forth, it has become imperative to check their behavior using economic models. Papers 1–3 provide some perspective on oil price determination by focusing on the time-varying nature of supply shocks linked to oil producers (Paper 1), OPEC’s announcements (2), and the heterogeneous interconnections of supply or demand shocks over time horizons and different countries (3). Papers 4–6 compare different energy sources within the energy market and other markets (4); explore the importance of energy storage in the electricity market (5); and examine the dynamic relationship between prices of substitutes (oil price) on the natural gas market in China (6). The final four studies examine the impact of renewable and nonrenewable energy on the macroeconomy and the environment.

The Economics and Econometrics of the Energy-Growth Nexus

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Publisher : Academic Press
ISBN 13 : 0128127473
Total Pages : 402 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis The Economics and Econometrics of the Energy-Growth Nexus by : Angeliki Menegaki

Download or read book The Economics and Econometrics of the Energy-Growth Nexus written by Angeliki Menegaki and published by Academic Press. This book was released on 2018-03-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics and Econometrics of the Energy-Growth Nexus recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps researchers answer fundamental questions about their energy-growth projects, it combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus. The book provides order and guidance, enabling researchers to feel confident that they are adhering to widely accepted assumptions and procedures. Provides guidance about selecting and implementing econometric tools and interpreting empirical findings Equips researchers to get clearer pictures of the most robust relationships between variables Covers up-to-date empirical and econometric methods Combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus

The Economic Growth Engine

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Publisher : Edward Elgar Publishing
ISBN 13 : 1848445954
Total Pages : 435 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis The Economic Growth Engine by : Robert U. Ayres

Download or read book The Economic Growth Engine written by Robert U. Ayres and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf. Simon Roberts, Institute of Physics Energy Group This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment. Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking. John R. Mashey, PhD, former Chief Scientist, Silicon Graphics Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency. Thomas Casten, Chairman, Recycled Energy Development LLC Following the up-and-down energy shock of 2008, Ayres and Warr offer a unique analysis critical to our economic future. They argue that useful work produced by energy and energy services is far more important to overall GDP growth than conventional economic theory assumes. Their new theory, based on extensive empirical and theoretical analysis, has important implications for economists, businessmen and policymakers for anybody concerned with our economic future. Ayres and Warr argue persuasively that economic growth is not only endogenous but has been driven for the past two centuries largely by the declining effective cost of energy. If their new theory is correct, the inevitable future rise of the real cost of energy (beyond the $147 oil price peak in July 2008), could halt economic growth in the US and other advanced countries unless we dramatically improve energy with technology. J. Paul Horne, independent international market economist The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundam

Energy-Growth Nexus in an Era of Globalization

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Publisher : Elsevier
ISBN 13 : 0128244410
Total Pages : 498 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Energy-Growth Nexus in an Era of Globalization by : Muhammad Shahbaz

Download or read book Energy-Growth Nexus in an Era of Globalization written by Muhammad Shahbaz and published by Elsevier. This book was released on 2021-11-12 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Growth Nexus in an era of Globalization reviews current research and practical policy considerations reflective of the ongoing transformation, covering four broad globalization themes from existing research literature: energy consumption, renewable energy consumption, financial markets and energy markets. Within these themes, contributors evaluate transformations in the energy-growth association relating to economic slowdowns, trade patterns, impacts of globalization, cross-border technological spillovers, changes in the risk profile of the countries, advent of Sustainable Development Goals (SDGs), changes in the pattern of cross-border labor force migration, and rising environmental awareness, among many other considerations. Policymakers, energy economists, and energy researchers in a range of connected disciplines will find this to be a great resource on the energy growth sector. Addresses globalization relating to energy consumption, environmental quality, econometrics and energy markets Demonstrates how to design effective energy and environmental policies in a rapidly globalizing world within a Sustainable Development Goals (SDGs) framework Reviews open research questions relevant to energy-growth nexus so policymakers can bring forth socioeconomic stability

The Extended Energy–Growth Nexus

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Publisher : Academic Press
ISBN 13 : 0128154446
Total Pages : 332 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis The Extended Energy–Growth Nexus by : Jose Alberto Fuinhas

Download or read book The Extended Energy–Growth Nexus written by Jose Alberto Fuinhas and published by Academic Press. This book was released on 2019-06-08 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Extended Energy-Growth Nexus: Theory and Empirical Applications advances the established bivariate econometric relationship which inextricably links energy consumption to economic growth. The book extends this "nexus" to accommodate variables such as globalization, institutional variables, financial variables and the energy "mix." Rooted firmly in the modern literature, it covers empirical applications such as the evaluation of renewable energy incentives, the electricity generation mix, and sustainable development. Each application area incorporates modern econometric methodologies, including VAR, panel VAR, ARDL, panel ARDL, Asymmetric panel ARDL, and Panel Quantile Regression. Throughout chapters are accompanied by illustrative Stata and EViews code, demonstrating their uses in applied research. Primes researchers to understand advanced literature and current methodologies within the energy-growth nexus Provides a rich set of working tools for econometricians working on real-world energy and growth problems Accompanied by representative databases and illustrative Stata and EViews code, facilitating replication and use

Econometrics of Green Energy Handbook

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Publisher : Springer Nature
ISBN 13 : 303046847X
Total Pages : 333 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Econometrics of Green Energy Handbook by : Muhammad Shahbaz

Download or read book Econometrics of Green Energy Handbook written by Muhammad Shahbaz and published by Springer Nature. This book was released on 2020-06-17 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers cutting-edge studies on the relationship between energy innovations, economic growth, environmental regulation, promotion of renewable energy use, and climate change. Building on the research discussed in the editor’s previous book Decarbonization and Energy Technology in the Era of Globalization, it discusses recent developments such as the impacts of globalization and energy efficiency on economic growth and environmental quality. It also explores the ways in which globalization has benefited green energy development, e.g. the expansion of new technologies and cleaner machinery, as well as the problems it has caused. Written by respected experts, the respective contributions address topics including econometric modelling of the behaviour of and dynamics between economic growth and environmental quality, aspects of energy production and consumption, oil prices, economic growth, trade openness, environmental quality, regulatory measures, and innovations in the energy sector. Providing a comprehensive overview of the latest research, the book offers a valuable reference guide for researchers, policymakers, practitioners and students in the fields of renewable energy development and economics.

Green Energy to Sustainability: Strategies for Global Industries

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Publisher : John Wiley & Sons
ISBN 13 : 1119152046
Total Pages : 795 pages
Book Rating : 4.1/5 (191 download)

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Book Synopsis Green Energy to Sustainability: Strategies for Global Industries by : Alain A. Vertes

Download or read book Green Energy to Sustainability: Strategies for Global Industries written by Alain A. Vertes and published by John Wiley & Sons. This book was released on 2020-03-25 with total page 795 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the latest advances in biofuel manufacturing technologies and discusses the deployment of other renewable energy for transportation Aimed at providing an interface useful to business and scientific managers, this book focuses on the key challenges that still impede the realization of the billion-ton renewable fuels vision. It places great emphasis on a global view of the topic, reviewing deployment and green energy technology in different countries across Africa, Asia, South America, the EU, and the USA. It also integrates scientific, technological, and business development perspectives to highlight the key developments that are necessary for the global replacement of fossil fuels with green energy solutions. Green Energy to Sustainability: Strategies for Global Industries examines the most recent developments in biofuel manufacturing technologies in light of business, financial, value chain, and supply chain concerns. It also covers the use of other renewable energy sources like solar energy for transportation and proposes a view of the challenges over the next two to five decades, and how these will deeply modify the industrial world in the third millennium. The coming of age of electric vehicles is also looked at, as is the impact of their deployment on the biomass to biofuels value chain. Offers extensive updates on the field of green energy for global industries Covers the structure of the energy business; chemicals and diesel from biomass; ethanol and butanol; hydrogen and methane; and more Provides an expanded focus on the next generation of energy technologies Reviews the latest advances in biofuel manufacturing technologies Integrates scientific, technological and business perspectives Highlights important developments needed for replacing fossil fuels with green energy Green Energy to Sustainability: Strategies for Global Industries will appeal to academic researchers working on the production of fuels from renewable feedstocks and those working in green and sustainable chemistry, and chemical/process engineering. It is also an excellent textbook for courses in bioprocessing technology, renewable resources, green energy, and sustainable chemistry.

Financial Development and Dynamic Investment Behavior

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Financial Development and Dynamic Investment Behavior by : Inessa Love

Download or read book Financial Development and Dynamic Investment Behavior written by Inessa Love and published by World Bank Publications. This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors apply vector autoregression to firm-level panel data from 36 countries to study the dynamic relationship between firms' financial conditions and investment. They argue that by using orthogonalized impulse-response functions they are able to separate the "fundamental factors" (such as marginal profitability of investment) from the "financial factors" (such as availability of internal finance) that influence the level of investment. The authors find that the impact of the financial factors on investment, which they interpret as evidence of financing constraints, is significantly larger in countries with less developed financial systems. The finding emphasizes the role of financial development in improving capital allocation and growth.

Complex Systems in Finance and Econometrics

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Publisher : Springer Science & Business Media
ISBN 13 : 1441977007
Total Pages : 919 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Complex Systems in Finance and Econometrics by : Robert A. Meyers

Download or read book Complex Systems in Finance and Econometrics written by Robert A. Meyers and published by Springer Science & Business Media. This book was released on 2010-11-03 with total page 919 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integrates complexity with deterministic equations and concepts from real world examples, and appeals to a broad audience.

Energy Consumption and Economic Growth Revisited

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Energy Consumption and Economic Growth Revisited by : Frauke Dobnik

Download or read book Energy Consumption and Economic Growth Revisited written by Frauke Dobnik and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the causal relationship between real GDP and energy consumption for 23 OECD countries from 1971 to 2009. Using recently developed panel econometric techniques the present paper takes into account structural breaks and cross-section dependence when analyzing the energy consumption-growth nexus. The empirical results of this study indicate that there exists a long-run equilibrium relationship between real GDP and energy consumption, and the impact of real GDP on energy consumption is larger than vice versa. Furthermore, the empirical evidence of a dynamic panel error-correction model reveals a bidirectional causal relationship between economic growth and energy consumption in both the short and long run.

Regional Studies on Economic Growth, Financial Economics and Management

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Publisher : Springer
ISBN 13 : 3319541129
Total Pages : 453 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Regional Studies on Economic Growth, Financial Economics and Management by : Mehmet Huseyin Bilgin

Download or read book Regional Studies on Economic Growth, Financial Economics and Management written by Mehmet Huseyin Bilgin and published by Springer. This book was released on 2017-04-13 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents selected papers from the 19th Eurasia Business and Economics Society (EBES) Conference held in Istanbul. Its primary emphasis is on showcasing the latest empirical research on social change, sustainable development and the management of public and private organizations in emerging economies. The respective articles also address more specialized and related topics such as financial risk tolerance, international strategic partnerships, female labor force participation, human capital dynamics, and economic integration, among others.