The Energy Transition of the Transition Economies : An Empirical Analysis

The aggregate manufacturing energy intensity of 28 countries in Eastern Europe and Central Asia had declined by 35% during 1998–2008. This study reveals a strong evidence of convergence: less efficient countries improved more rapidly and the cross-country variance in energy productivity narrowed ove...

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Bibliographic Details
Main Author: Zhang, Fan
Format: Journal Article
Language:en_US
Published: Elsevier 2013
Subjects:
Online Access:http://hdl.handle.net/10986/16208
id okr-10986-16208
recordtype oai_dc
spelling okr-10986-162082021-04-23T14:03:28Z The Energy Transition of the Transition Economies : An Empirical Analysis Zhang, Fan manufacturing energy intensity energy productivity convergence index decomposition analysis trade The aggregate manufacturing energy intensity of 28 countries in Eastern Europe and Central Asia had declined by 35% during 1998–2008. This study reveals a strong evidence of convergence: less efficient countries improved more rapidly and the cross-country variance in energy productivity narrowed over time. An index decomposition analysis indicates that energy intensities declined largely because of more efficient energy use rather than shifts from energy intensive to less intensive manufacturing activities. Income growth and energy price increases were the main drivers of the convergence. They dominated the impact of trade, which led to specialization in energy intensive industries. 2013-11-04T15:50:32Z 2013-11-04T15:50:32Z 2013-09-16 Journal Article Energy Economics 0140-9883 http://hdl.handle.net/10986/16208 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Elsevier Publications & Research :: Journal Article Publications & Research Europe and Central Asia Central Asia Eastern Europe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic manufacturing energy intensity
energy productivity convergence
index decomposition analysis
trade
spellingShingle manufacturing energy intensity
energy productivity convergence
index decomposition analysis
trade
Zhang, Fan
The Energy Transition of the Transition Economies : An Empirical Analysis
geographic_facet Europe and Central Asia
Central Asia
Eastern Europe
description The aggregate manufacturing energy intensity of 28 countries in Eastern Europe and Central Asia had declined by 35% during 1998–2008. This study reveals a strong evidence of convergence: less efficient countries improved more rapidly and the cross-country variance in energy productivity narrowed over time. An index decomposition analysis indicates that energy intensities declined largely because of more efficient energy use rather than shifts from energy intensive to less intensive manufacturing activities. Income growth and energy price increases were the main drivers of the convergence. They dominated the impact of trade, which led to specialization in energy intensive industries.
format Journal Article
author Zhang, Fan
author_facet Zhang, Fan
author_sort Zhang, Fan
title The Energy Transition of the Transition Economies : An Empirical Analysis
title_short The Energy Transition of the Transition Economies : An Empirical Analysis
title_full The Energy Transition of the Transition Economies : An Empirical Analysis
title_fullStr The Energy Transition of the Transition Economies : An Empirical Analysis
title_full_unstemmed The Energy Transition of the Transition Economies : An Empirical Analysis
title_sort energy transition of the transition economies : an empirical analysis
publisher Elsevier
publishDate 2013
url http://hdl.handle.net/10986/16208
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