India's Energy Consumption Changes during 1973/74 to 1991/92
The global energy crisis in the 1970s and early 1980s had adverse economic impacts in all oil-importing countries, including India. The objective of the present paper is to analyze energy consumption changes that have taken place in the Indian economy during 1973174 to 1983184 and 1983184 to 1991192, and the factors responsible for these changes. We develop a structural decomposition analysis in which the energy consumption changes are the result of the following six different factors: technical changes; changes in the final demand structure; changes in the interaction term of technical changes and final demand structure; changes in energy exports; changes in energy imports; changes in energy change in stock. Then, we separate the technical changes and final demand structure again, which identifies explicitly the effects of energy consumption.
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Volume (Year): 11 (1999)
Issue (Month): 4 ()
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