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Multi-Scale Integrated Analysis of Societal Metabolism and Jevons’ Paradox for Romania, Bulgaria, Hungary and Poland

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  • Iorgulescu Polimeni, Raluca

    ()
    (Assistant Professor of Economics, Department of Economics, Siena College, 515 Loudon Road, Loudonville, NY 12211, United States of America)

  • Polimeni, John M.

    ()
    (Assistant Professor of Economics, Department of Pharmacy Practice, Albany College of Pharmacy, 106 New Scotland Avenue, Albany, NY 12208, United States of America)

Abstract

International agencies and national governments base their energy strategies on gross domestic product (GDP) growth rates and energy intensity goals. Given the complexity of the transition process from a command economy to an open-market economy in Central and Eastern Europe, this paper argues that the use of energy intensity as an objective for the energy policy is overly simplified and suggests that a more accurate governance tool is the combined analysis of economic labor productivity and exosomatic metabolic rates as defined in the Multi-Scale Integrated Assessment of Societal Metabolism approach. The cases of structural change in Bulgaria, Poland, Hungary, and Romania are used to investigate the aforementioned claim.

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Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Romanian Journal of Economic Forecasting.

Volume (Year): 4 (2007)
Issue (Month): 4 (December)
Pages: 61-76

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Handle: RePEc:rjr:romjef:v:4:y:2007:i:4:p:61-76

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Related research

Keywords: energy; Jevons’ paradox; transitional economies; societal metabolism; MSIASM; Romania;

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  1. Gros,Daniel & Steinherr,Alfred, 2004. "Economic Transition in Central and Eastern Europe," Cambridge Books, Cambridge University Press, number 9780521826389.
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Cited by:
  1. Luisanna Onnis & Patrizio Tirelli, 2010. "Challenging the popular wisdom. New estimates of the unobserved economy," Working Papers 184, University of Milano-Bicocca, Department of Economics, revised Apr 2010.

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