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Developing macroeconomic energy cost indicators

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  • Oberndorfer, Ulrich

Abstract

Indicators are more and more drawn on for policy making and assessment. This is also true for energy policy. However, while numerous different energy price figures are available, subordinate energy cost indicators are lacking. This paper lays out a general concept for such indicator sets and presents a flexible framework for representative and consistent energy cost indicators with an underlying weighting principle based on consumption shares. Their application would provide interesting new insights into the relationship between energy cost burdens of different sectors and countries. It would allow for more rigorous analysis in the field of energy economics and policy, particularly with regard to market monitoring and impact assessment as well as ex-post-policy analysis.

Suggested Citation

  • Oberndorfer, Ulrich, 2012. "Developing macroeconomic energy cost indicators," Energy Policy, Elsevier, vol. 42(C), pages 1-3.
  • Handle: RePEc:eee:enepol:v:42:y:2012:i:c:p:1-3
    DOI: 10.1016/j.enpol.2011.10.051
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    References listed on IDEAS

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    1. Löschel, Andreas & Moslener, Ulf & Rübbelke, Dirk T.G., 2010. "Indicators of energy security in industrialised countries," Energy Policy, Elsevier, vol. 38(4), pages 1665-1671, April.
    2. Löschel, Andreas & Moslener, Ulf & Rübbelke, Dirk T.G., 2010. "Energy security--concepts and indicators," Energy Policy, Elsevier, vol. 38(4), pages 1607-1608, April.
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