Energy intensity in transition economies: Is there convergence towards the EU average?

Anil Markandya, Suzette Pedroso-Galinato, Dalia Streimikiene

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127 Citations (Scopus)

Abstract

This paper investigates the relationship between the energy intensity in 12 transition countries of Eastern Europe and that in the EU15 countries. The raw data show some evidence of convergence, and a carefully estimated econometric model of lagged adjustment confirms this. The forecast values for energy intensities of transition countries between 2000 and 2020 show significant convergence with the EU levels. On the other hand, actual energy demand levels over the same period show an increasing demand in the countries despite the reductions in energy intensity. Therefore, it will not be feasible to use as a sustainability target a non-increasing level of total energy consumption.

Original languageEnglish
Pages (from-to)121-145
Number of pages25
JournalEnergy Economics
Volume28
Issue number1
DOIs
Publication statusPublished - Jan 2006
Externally publishedYes

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Keywords

  • Convergence
  • Energy
  • EU
  • Income
  • Transition

ASJC Scopus subject areas

  • Economics and Econometrics
  • Energy(all)

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