Energy consumption and economic development:a semiparametric panel analysis
This paper proposes a semiparametric analysis for the study of the relationship between energy consumption per capita and income per capita for an international panel data. It shows little evidence for the existence of an environmental Kuznets curve for energy consumption. Energy consumption increases with income at an increasing rate for low income levels and then stabilizes for higher income levels. Changes in energy structure have no significant effect on energy consumption.
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