Estimating the rebound effect in US manufacturing energy consumption
The energy price shocks of the 1970s are usually assumed to have increased the search for new energy saving technologies where eventual gains in energy efficiencies will reduce the real per unit price of energy services and hence, the consumption of energy will rise and partially offset the initial...
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| Veröffentlicht in: | Energy economics 2004, Vol.26 (1), p.123-134 |
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| container_title | Energy economics |
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| creator | Bentzen, Jan |
| description | The energy price shocks of the 1970s are usually assumed to have increased the search for new energy saving technologies where eventual gains in energy efficiencies will reduce the real per unit price of energy services and hence, the consumption of energy will rise and partially offset the initial reduction in the usage of energy sources. This is the ‘rebound effect’, which is estimated for the US manufacturing sector using time series data applying the dynamic OLS method (DOLS). When allowing for asymmetric price effects the rebound effect is found to be approximately 24% for the US manufacturing sector. |
| doi_str_mv | 10.1016/S0140-9883(03)00047-1 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0140-9883 |
| ispartof | Energy economics, 2004, Vol.26 (1), p.123-134 |
| issn | 0140-9883 1873-6181 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_37845390 |
| source | RePEc; PAIS Index; ScienceDirect Freedom Collection (Elsevier) |
| subjects | Applied sciences Dynamic OLS method Economic data Economics Energy Energy consumption Energy economics Energy market Estimation Exact sciences and technology General, economic and professional studies Industry Manufacturing Mathematical models Methods Price elasticity Rebound effect Statistical analysis Studies Translog cost function U.S.A US manufacturing energy consumption |
| title | Estimating the rebound effect in US manufacturing energy consumption |
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