Csereklyei, ZsuzsannaRubio, Maria del MarStern, David2016-01-142016-01-14Csereklyei Z., M. d. M. Rubio Varas, and D. I. Stern (2016) Energy and economic growth: The stylized facts, Energy Journal 37(2), 223-255.0195-6574http://hdl.handle.net/1885/95390We summarize what we know about energy and economic growth in a set of stylized facts. We combine analysis of a panel data set of 99 countries from 1971 to 2010 with analysis of some longer run historical data. Our key result is that over the last 40 years there has been a stable cross-sectional relationship between per capita energy use and income per capita with an elasticity of energy use with respect to income of less than unity. This implies that energy intensity has tended to decrease in countries that have become richer but not in others. We also find that over the last two centuries there has been convergence in energy intensity towards the current distribution, per capita energy use has tended to rise, energy quality to increase, and, though evidence is limited, the cost share of energy has declined.David Stern thanks the Australian Research Council for funding through grant DP120101088: “Energy transitions: Past, present and future.” M.d.Mar Rubio thanks Spanish Ministry of Science and Technology and the European Union for funding through FEDER research project grant ECO2010-15882.© 2016 by the IAEE. http://www.sherpa.ac.uk/romeo/issn/0195-6574/..."Author's pre-print on arXiv, RePEc or open access repository immediately" from SHERPA/RoMEO site (as at 23/11/15).Economic developmentenergy intensityenergy efficiencyEnergy and economic growth: the stylized facts201610.5547/01956574.37.2.zcse