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Investigation of Driving Forces of Energy Consumption in European Union 28 Countries

Yıl 2015, Cilt: 5 Sayı: 2, 422 - 432, 01.06.2015

Öz

This paper aims to analyze drivers of energy consumption in EU in recent period and identify the role of energy efficiency in it. We analyzed energy consumption using LMDI decomposition technique on three different levels of data aggregation for EU 28 countries in pre-crisis period (2004-2008) and crisis period (2008-2012). Our paper challenged the view that recent decline in energy consumption is caused by economic slowdown as improvements in energy intensity EU countries seems to be slowing down. We conclude that intensity effect was the major factor influencing energy consumption, while the contribution of activity effect representing the performance of economy was of less importance. The impact of structural effect was only of minor magnitude but interestingly has larger influence during the period of oil prices surge than in period of high oil prices. Our evidence also suggests that structural changes of economies towards service sector will likely lead to lower improvements in energy efficiencies.

Yıl 2015, Cilt: 5 Sayı: 2, 422 - 432, 01.06.2015

Öz

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Ayrıntılar

Diğer ID JA44SY45CK
Bölüm Araştırma Makalesi
Yazarlar

Saleh Mothana Obadi Bu kişi benim

Matej Korček Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 5 Sayı: 2

Kaynak Göster

APA Obadi, S. M., & Korček, M. (2015). Investigation of Driving Forces of Energy Consumption in European Union 28 Countries. International Journal of Energy Economics and Policy, 5(2), 422-432.
AMA Obadi SM, Korček M. Investigation of Driving Forces of Energy Consumption in European Union 28 Countries. IJEEP. Haziran 2015;5(2):422-432.
Chicago Obadi, Saleh Mothana, ve Matej Korček. “Investigation of Driving Forces of Energy Consumption in European Union 28 Countries”. International Journal of Energy Economics and Policy 5, sy. 2 (Haziran 2015): 422-32.
EndNote Obadi SM, Korček M (01 Haziran 2015) Investigation of Driving Forces of Energy Consumption in European Union 28 Countries. International Journal of Energy Economics and Policy 5 2 422–432.
IEEE S. M. Obadi ve M. Korček, “Investigation of Driving Forces of Energy Consumption in European Union 28 Countries”, IJEEP, c. 5, sy. 2, ss. 422–432, 2015.
ISNAD Obadi, Saleh Mothana - Korček, Matej. “Investigation of Driving Forces of Energy Consumption in European Union 28 Countries”. International Journal of Energy Economics and Policy 5/2 (Haziran 2015), 422-432.
JAMA Obadi SM, Korček M. Investigation of Driving Forces of Energy Consumption in European Union 28 Countries. IJEEP. 2015;5:422–432.
MLA Obadi, Saleh Mothana ve Matej Korček. “Investigation of Driving Forces of Energy Consumption in European Union 28 Countries”. International Journal of Energy Economics and Policy, c. 5, sy. 2, 2015, ss. 422-3.
Vancouver Obadi SM, Korček M. Investigation of Driving Forces of Energy Consumption in European Union 28 Countries. IJEEP. 2015;5(2):422-3.