Am Tropf Russlands? Ein Konzept zur empirischen Messung von Energieversorgungssicherheit
AbstractAlong with the oil price, concerns about the security of energy supply have soared once again in recent years. Yet, more than 30 years after the OPEC oil embargo in 1973, energy security still remains a diffuse concept. This article conceives a statistical indicator that aims at characterizing the long-term energy supply risk of nations that are heavily dependent on energy imports. Our indicator condenses the bulk of empirical information on the imports of fossil fuels originating from a multitude of export countries as well as data on the indigenous contribution to the domestic energy supply, thereby providing us with a single parameter. Applying the proposed concept to empirical energy data on Germany (1980-2004), we find that the energy supply risk has increased substantially since the 1970s. This outcome is mainly due to the drastic raise of oil and gas imports from Russia. Copyright 2009 die Autoren Journal compilation 2009, Verein für Socialpolitik und Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.
Volume (Year): 10 (2009)
Issue (Month): 1 (02)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1465-6493
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- Frondel, Manuel & Kambeck, Rainer & Schmidt, Christoph M., 2007.
"Hard coal subsidies: A never-ending story?,"
Elsevier, vol. 35(7), pages 3807-3814, July.
- Adelman, M A, 1990. "Mineral Depletion, with Special Reference to Petroleum," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 1-10, February.
- Manuel Frondel & Nolan Ritter & Christoph M. Schmidt, 2009. "Measuring Energy Supply Risks: A G7 Ranking," Ruhr Economic Papers 0104, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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