Does energy efficiency improve technological change and economic growth in developing countries?
Autor: | Nicola Cantore, Massimiliano Calì, Dirk Willem te Velde |
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Rok vydání: | 2016 |
Předmět: |
business.industry
Technological change 020209 energy Developing country 02 engineering and technology International trade 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences Large sample Variety (cybernetics) General Energy Energy intensity Development economics 0202 electrical engineering electronic engineering information engineering Economics Manufacturing firms business Total factor productivity 0105 earth and related environmental sciences Efficient energy use |
Zdroj: | Energy Policy. 92:279-285 |
ISSN: | 0301-4215 |
DOI: | 10.1016/j.enpol.2016.01.040 |
Popis: | Does a trade-off exist between energy efficiency and economic growth? This question underlies some of the tensions between economic and environmental policies, especially in developing countries that often need to expand their industrial base to grow. This paper contributes to the debate by analyzing the relationship between energy efficiency and economic performance at the micro- (total factor productivity) and macro-level (countries' economic growth). It uses data on a large sample of manufacturing firms across 29 developing countries to find that lower levels of energy intensity are associated with higher total factor productivity for the majority of these countries. The results are robust to a variety of checks. Suggestive cross-country evidence points towards the same relation measured at the macro-level as well. |
Databáze: | OpenAIRE |
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