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The energy intensity of transition countries

Author

Listed:
  • Jan Cornillie

    (OXERA Environmental)

  • Samuel Fankhauser

    (European Bank of Reconstruction and Development)

Abstract

The economies of central and eastern Europe and the former Soviet Union have traditionally been very energy intensive. Energy intensity (defined as energy use per GDP) has decreased in the course of transition, but progress has been uneven and most transition countries still use several times as much energy per unit of output as their Western peers. This paper decomposes energy data and uses panel data to identify the main factors driving improvements in energy intensity. It shows that energy prices and progress in enterprise restructuring are the two most important drivers for more efficient energy use.

Suggested Citation

  • Jan Cornillie & Samuel Fankhauser, 2002. "The energy intensity of transition countries," Working Papers 72, European Bank for Reconstruction and Development, Office of the Chief Economist.
  • Handle: RePEc:ebd:wpaper:72
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    More about this item

    Keywords

    decomposition; energy intensity; energy efficiency; transition;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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