IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v64y2011i07p10-20.html
   My bibliography  Save this article

The economic importance of the energy industry

Author

Listed:
  • Hans-Dieter Karl

Abstract

The sufficient and constant availability of energy is an indispensable prerequisite for the economic development of highly developed industrialised countries. This is true for all areas of a modern national economy, including the production sector, the transportation and the service sectors and private households. With the use of energy in its different forms, it is possible, together with the employment of other agents of production, to achieve a lasting increase in labour productivity, to further develop and optimise the division of labour as well as to clearly reduce time-consuming activities. Against the background of the demand for energy of developed national economies in almost all areas and the resulting importance, the Ifo Institute has examined the economic importance of the power industry as a whole and in particular the electricity supply. The emphases and main results of the study are presented in this article.

Suggested Citation

  • Hans-Dieter Karl, 2011. "The economic importance of the energy industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(07), pages 10-20, April.
    • Handle: RePEc:ces:ifosdt:v:64:y:2011:i:07:p:10-20
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2011_7_2.pdf
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • 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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:64:y:2011:i:07:p:10-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.