Presentation
Residential energy consumption and economic growth in the transition economies
Author/s | Pablo-Romero Gil-Delgado, María del Populo
Sánchez Braza, Antonio Galyan, Anna |
Department | Universidad de Sevilla. Departamento de Análisis Económico y Economía Política |
Publication Date | 2017 |
Deposit Date | 2023-05-26 |
Published in |
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ISBN/ISSN | 978-84-697-6568-5 |
Abstract | The Paris Agreement negotiated in the 2015 United Nations Climate Change Conference is a global agreement on the reduction of climate change mainly caused by GHGs, which comes into force in 2020. According to this Agreement, ... The Paris Agreement negotiated in the 2015 United Nations Climate Change Conference is a global agreement on the reduction of climate change mainly caused by GHGs, which comes into force in 2020. According to this Agreement, all participated countries have to reduce their emissions. In order to archive this objective, it is considered appropriate to apply energy saving policies in the residential sector, as residential buildings seem to be one of the most important sources of direct and indirect CO2 emissions. Besides, energy consumption in the residential sector has an abundant potential for the implementation of energy saving policies. Most countries of South-Eastern Europe and the former Soviet Union, which nowadays are considered as transition economies, have traditionally been high energy consumption countries with high energy intensity in the residential sector, especially from fossil fuels. This study investigates the relationship between economic growth and energy use in the residential sector in the transition economies. The Environmental Kuznets Curve (EKC) hypothesis is tested by using panel data techniques, referred to 14 transition countries for 1995–2013 period. From the estimate results, the elasticities of the residential energy consumption per capita with respect to GDP per capita for each country and year are calculated. The estimate results do not support the EKC hypothesis. Furthermore, the trend of the residential energy consumption elasticity with respect to per capita income is positive for all transition countries except Russia. The use of renewable energy and the adoption of energy efficiency measures are recommended. |
Citation | Pablo-Romero Gil-Delgado, M.d.P., Sánchez Braza, A. y Galyan, A. (2017). Residential energy consumption and economic growth in the transition economies. En Comercio Internacional: Una perspectiva regional. XLIII Reunión de Estudios Regionales Sevilla: Universidad Pablo de Olavide. |
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