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Understanding the energy-GDP elasticity: a sectoral approach

Burke, Paul J.; Csereklyei, Zsuzsanna

Description

This paper uses per capita data for 132 countries over 1960–2010 to estimate elasticities of sectoral energy use with respect to national gross domestic product (GDP). We estimate models in both levels and growth rates and use our estimates to sectorally decompose the aggregate energy-GDP elasticity. Our estimates show that residential energy use is very inelastic to GDP if primary solid biofuels are counted in energy use tallies, especially at low income levels. Residential use of electricity...[Show more]

CollectionsANU Crawford School of Public Policy
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/107131
Access Rights: Open Access

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