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Energy footprints and the international trade network: A new dataset. Is the European Union doing it better?

Author

Listed:
  • Fernández-Amador, Octavio
  • Francois, Joseph
  • Oberdabernig, Doris
  • Tomberger, Patrick

Abstract

Understanding the developments of energy efficiency in the context of the global energy network is key to advance energy regulation and fight climate change. We develop a global panel dataset on energy usage accounts based on territorial production, final production and consumption over 1997–2014. We apply structural decomposition analysis to isolate energy efficiency changes and study the effectiveness of the European Union Energy Services Directive [2006/32/EC] on energy efficiency. The effectiveness of the Directive is mixed. The different dynamics found among the European Union members result from differences in the ambition of national energy policies and from the structure of their supply chains. The observed trends towards energy effi- ciency gains and increases in renewable energy shares are not specific to the European Union, but are common among high income countries. Energy policies in high-income countries are less effective for energy footprints. Our findings are indicative of energy leakage. Energy regulation should account for global supply chains.

Suggested Citation

  • Fernández-Amador, Octavio & Francois, Joseph & Oberdabernig, Doris & Tomberger, Patrick, 2022. "Energy footprints and the international trade network: A new dataset. Is the European Union doing it better?," CEPR Discussion Papers 17628, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:17628
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    Cited by:

    1. is not listed on IDEAS
    2. Reni Pantcheva, 2024. "Economic and Social Drivers of Renewable Energy Consumption in the European Union: An Econometric Analysis," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 62-84.

    More about this item

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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