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dc.contributor.authorZhou, Jinjin
dc.contributor.authorMa, Zengjin
dc.contributor.authorWei, Taoyuan
dc.contributor.authorLi, Chang
dc.date.accessioned2021-11-08T14:26:47Z
dc.date.available2021-11-08T14:26:47Z
dc.date.created2021-07-12T13:48:11Z
dc.date.issued2021
dc.identifier.issn1996-1073
dc.identifier.urihttps://hdl.handle.net/11250/2828431
dc.description.abstractBased on threshold regression models, this paper analyzes the effect of economic growth on energy intensity by using panel data from 21 developed countries from 1996 to 2015. Results show that a 1% increase in GDP per capita can lead to a 0.62–0.78% reduction in energy intensity, implying economic growth can significantly reduce energy intensity. The extent of the reduction in energy intensity varies depending on the economic development stages represented by key influencing factors including energy mix in consumption, urbanization, industrial structure, and technological progress. Specifically, the reduction in energy intensity due to economic growth can be enhanced with relatively more renewable energy consumption and more urban population until a threshold point, where the enhancement disappears. On the other hand, the extent of the energy intensity reduction due to economic growth can be weakened with relatively more tertiary industry activities and more research and development (R&D) investment in an economy until a threshold point, where the weakening cannot continue. However, compared to the early stages represented by the low ends of renewable energy consumption, urban population, tertiary industry activities, and R&D investment, the later stages represented by the high ends of these key factors after a threshold show the weakened effect of economic growth on the decline of energy intensity. Hence, when an economy is well-developed, policy makers are advised to put fewer expectations on the role of economic growth to reduce energy intensity, while pursuing relatively cleaner energy, greater urbanization, more tertiary industry activities, and advanced technologiesen_US
dc.language.isoengen_US
dc.publisherMDPIen_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjecteconomic growthen_US
dc.subjectenergy intensityen_US
dc.subjectthreshold regressionen_US
dc.subjectrenewable energyen_US
dc.subjecturbanizationen_US
dc.subjectindustrial structureen_US
dc.subjectR&D investmenten_US
dc.titleThreshold Effect of Economic Growth on Energy Intensity — Evidence from 21 Developed Countriesen_US
dc.typeJournal articleen_US
dc.typePeer revieweden_US
dc.description.versionpublishedVersionen_US
dc.source.volume14en_US
dc.source.journalEnergiesen_US
dc.identifier.doi10.3390/en14144199
dc.identifier.cristin1921501
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal