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A Change in Energy Intensity: Test of Relationship between Energy Intensity and Income in Iran

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  • Abdolnaser Hemmati

    (Assistant professor, Faculty of Economics, Tehran University)

Abstract

In this paper we study the long- term trend of energy intensity for Iran. We use a quadratic function of the logarithm of income to take account of the change in trend of energy intensity and test the non-monotonic relationship between energy intensity and income during 1967- 2002. We find that the long-run coefficient on squared income is negative and significant, indicating a change in trend of energy intensity

Suggested Citation

  • Abdolnaser Hemmati, 2006. "A Change in Energy Intensity: Test of Relationship between Energy Intensity and Income in Iran," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 11(1), pages 123-130, winter.
    • Handle: RePEc:eut:journl:v:11:y:2006:i:1:p:123
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    References listed on IDEAS

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    1. Rossana Galli, 1998. "The Relationship Between Energy Intensity and Income Levels: Forecasting Long Term Energy Demand in Asian Emerging Countries," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 85-105.
    2. Ruth A. Judson & Richard Schmalensee & Thomas M. Stoker, 1999. "Economic Development and the Structure of the Demand for Commercial Energy," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 29-57.
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    Cited by:

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