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Factor Analysis of Evolution of Russian Energy Efficiency: Metodology and Outcomes

Author

Listed:
  • I. Bashmakov
  • A. Myshak.

Abstract

Pilot application of the energy efficiency and energy savings accounting system in Russia and energy consumption growth decomposition analysis have shown that: 1) its creation is possible even based on non-comprehensive statistical base; 2) its application provides non-trivial results and shows that impressive GDP energy intensity decline in 2000—2010 was mostly (by 80%) driven by structural factors with limited contribution of technological ones. Russia has failed even bridging the technological gap with advanced economies. Facing slowing economic growth in years to come, the federal policy to improve energy efficiency is to be focused on providing incentives for more dynamic penetration of energy efficient technologies to strengthen Russian economy competitiveness and energy security.

Suggested Citation

  • I. Bashmakov & A. Myshak., 2012. "Factor Analysis of Evolution of Russian Energy Efficiency: Metodology and Outcomes," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 10.
  • Handle: RePEc:nos:voprec:2012-10-7
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    More about this item

    Keywords

    energy efficiency; energy efficiency indicators; energy intensity; energy productivity; decomposition analysis.;

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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