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The impact of population ageing on energy use: Evidence from Italy

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  • Garau, Giorgio
  • Lecca, Patrizio
  • Mandras, Giovanni

Abstract

In this study we evaluate the impact of demographic change on energy use. The results are obtained from calibrated overlapping generations general equilibrium model for Italy. Contrary to studies based on partial equilibrium regression models, or fixed price models that are unable to account for supply side effects, we found that a pronounced ageing population leads to a reduction in energy use, although in principle, the increase in the share of old people produces a shift in consumption towards a more energy intensive mix of goods and services.

Suggested Citation

  • Garau, Giorgio & Lecca, Patrizio & Mandras, Giovanni, 2013. "The impact of population ageing on energy use: Evidence from Italy," Economic Modelling, Elsevier, vol. 35(C), pages 970-980.
  • Handle: RePEc:eee:ecmode:v:35:y:2013:i:c:p:970-980 DOI: 10.1016/j.econmod.2013.09.006
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    Cited by:

    1. Schröder, Carsten & Rehdanz, Katrin & Narita, Daiju & Okubo, Toshihiro, 2015. "The decline in average family size and its implications for the average benefits of within‐household sharing," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 760-780.
    2. repec:gam:jsusta:v:9:y:2017:i:9:p:1534-:d:110253 is not listed on IDEAS
    3. Day, Rosie, 2015. "Low carbon thermal technologies in an ageing society – What are the issues?," Energy Policy, Elsevier, vol. 84(C), pages 250-256.
    4. Loi, Tian Sheng Allan & Loo, Soh Leng, 2016. "The impact of Singapore’s residential electricity conservation efforts and the way forward. Insights from the bounds testing approach," Energy Policy, Elsevier, vol. 98(C), pages 735-743.

    More about this item

    Keywords

    Population ageing; Energy; Overlapping generations model;

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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