Winners from The Changing Trends of Energy Intensities Among 115 Countries.

International J. of Technology, Policy, and Management (2020), Vol.20, No.3, pp.242-272

GCCR Working paper series 2016-01

43 Pages Posted: 16 Feb 2016 Last revised: 23 Nov 2020

See all articles by Yu Sang Chang

Yu Sang Chang

Gachon University - College of Business and Economics

NeiHei Park

Gachon University - College of Business and Economics

Jinbae Kim

Korea University Business School (KUBS)

Date Written: February 15, 2016

Abstract

We analyze historical trend of energy intensity for 115 countries in the world between 1980 and 2011. The variation of energy intensities has been extremely wide among these countries throughout the period. We use experience curve to estimate progress ratio of energy intensity for each country. The averaged progress ratio for the total sample is 89.07%. We also estimate the average progress ratios of 102.64% and 83.3% respectively for the subgroup of 34 countries represented by classical experience curve and for the other subgroup of 81 remaining countries represented by kinked experience curve. The best performing averaged progress ratio of 78.29% is estimated for the subgroup of 17 European countries. Implications from these findings are discussed.

Keywords: Energy intensity, Progress ratios, Classical experience curve, Kinked experience curve, Energy productivity

JEL Classification: Q43

Suggested Citation

Chang, Yu Sang and Park, NeiHei and Kim, Jinbae, Winners from The Changing Trends of Energy Intensities Among 115 Countries. (February 15, 2016). International J. of Technology, Policy, and Management (2020), Vol.20, No.3, pp.242-272, GCCR Working paper series 2016-01, Available at SSRN: https://ssrn.com/abstract=2732447 or http://dx.doi.org/10.2139/ssrn.2732447

Yu Sang Chang (Contact Author)

Gachon University - College of Business and Economics ( email )

Korea

NeiHei Park

Gachon University - College of Business and Economics ( email )

Korea

Jinbae Kim

Korea University Business School (KUBS) ( email )

Anam-Dong, Seongbuk-Gu
Seoul 136-701, 136701

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