The impact of total factor productivity on energy consumption: Theoretical framework and empirical validation

This study contributes to the literature on energy demand by developing a theoretical framework, in which energy demand is a function of total factor productivity (TFP) alongside traditional factors such as price and income. The proposed theoretical framework is examined using annual data on energy...

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Bibliographic Details
Main Authors: Fakhri J. Hasanov, Jeyhun I. Mikayilov
Format: Article
Language:English
Published: Elsevier 2021-11-01
Series:Energy Strategy Reviews
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2211467X21001607