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International and sectoral variation in industrial energy prices 1995–2015

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  • Sato, Misato
  • Singer, Gregor
  • Dussaux, Damien
  • Lovo, Stefania

Abstract

Energy price rises for industry are a major political concern. Access to cheap energy is often considered a key factor for the competitiveness of industry. To enable international comparisons, and to foster further empirical research on the impacts of energy price or tax differentials on a wide range of outcomes, such as international trade and investment patterns, we construct sector level energy prices for 12 industrial sectors in 48 countries for the period 1995 to 2015. Our prices are constructed as weighted averages of fuel-specific prices by fuel consumption. We provide guidelines for the use of our energy price data, which is made available for download, as well as a set of stylized facts on major trends and variations, and illustrative applications.

Suggested Citation

  • Sato, Misato & Singer, Gregor & Dussaux, Damien & Lovo, Stefania, 2019. "International and sectoral variation in industrial energy prices 1995–2015," Energy Economics, Elsevier, vol. 78(C), pages 235-258.
  • Handle: RePEc:eee:eneeco:v:78:y:2019:i:c:p:235-258
    DOI: 10.1016/j.eneco.2018.11.008
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    6. Damien Dussaux & Francesco Vona & Antoine Dechezleprêtre, 2023. "Imported carbon emissions: Evidence from French manufacturing companies," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 593-621, May.
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    14. Hu, Jun & Zhang, Yujie & Wu, Peng & Li, Huijia, 2022. "An analysis of the global fuel-trading market based on the visibility graph approach," Chaos, Solitons & Fractals, Elsevier, vol. 154(C).
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    18. Ron H. Chan & Edward Manderson & Fan Zhang, 2022. "Indirect Energy Costs and Comparative Advantage," Economics Discussion Paper Series 2206, Economics, The University of Manchester.
    19. Çürük, Malik & Rozendaal, Rik, 2022. "Labor Share, Industry Concentration and Energy Prices : Evidence from Europe," Discussion Paper 2022-023, Tilburg University, Center for Economic Research.
    20. Vasile Dinu & Leonina Emilia Baciu & Maria Mortan & Vincentiu Andrei Veres, 2023. "Effect of Economic, Institutional and Cultural Factors on the Implementation of EU Energy Policies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 306-306, April.
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    25. Camacho, Maximo & Caro, Angela & Peña, Daniel, 2023. "What drives industrial energy prices?," Economic Modelling, Elsevier, vol. 120(C).

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    More about this item

    Keywords

    Industrial energy prices; Industrial competitiveness; Climate policy; Carbon pricing;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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