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The stability of energy coefficients

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  • Nguyen, The-Hiep

Abstract

We discuss the statistical and theoretical (in)stability of energy coefficients. There is a lack of consensus on aggregate energy coefficients. Over the long run, the relations between energy consumption and economic activities are quite robust, although short-run energy coefficients may vary greatly. Changes in average energy-output ratios are not necessarily more stable or meaningful than the long-run energy coefficients.

Suggested Citation

  • Nguyen, The-Hiep, 1987. "The stability of energy coefficients," Energy, Elsevier, vol. 12(12), pages 1281-1287.
  • Handle: RePEc:eee:energy:v:12:y:1987:i:12:p:1281-1287
    DOI: 10.1016/0360-5442(87)90036-3
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    1. Robert S. Pindyck, 1979. "The Structure of World Energy Demand," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262661772, January.
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