Energy Intensity of Indian Manufacturing Firms: Effect of Energy Prices, Technology and Firm Characteristics
The paper examines the factors that influence energy intensity in Indian industries. It has two parts. In the first part, trends in energy intensity are analysis and cross-industry panel data (taken from ASI) are used to estimate an energy demand function. The results show that energy demand responds negatively to a hike in energy prices and positively to a hike in real wages. There are indications from the results of the analysis that the post- 1992 decline in energy intensity of Indian manufacturing is attributable mostly to an improvement in energy use efficiency of energy intensive industries, which in turn may be traced to hikes in the real price of energy paid by manufacturing firms.
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- Mukherjee, Kankana, 2008. "Energy use efficiency in the Indian manufacturing sector: An interstate analysis," Energy Policy, Elsevier, vol. 36(2), pages 662-672, February.
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- Binay Kumar Ray & B. Sudhakara Reddy, 2007.
"Decomposition of energy consumption and energy intensity in Indian manufacturing industries,"
Indira Gandhi Institute of Development Research, Mumbai Working Papers
2007-020, Indira Gandhi Institute of Development Research, Mumbai, India.
- Binay Kumar Ray & B.Sudhakara Reddy, 2007. "Decomposition of Energy Consumption and Energy Intensity in Indian Manufacturing Industries," Energy Working Papers 22327, East Asian Bureau of Economic Research.
- Deb Kusum Das & Deepika Wadhwa & Gunajit Kalita, 2009. "The Employment Potential of Labor Intensive Industries in IndiaÃ¢â‚¬â„¢s Organized Manufacturing," Labor Economics Working Papers 22913, East Asian Bureau of Economic Research.
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