Technical Change, Investment and Energy Intensity

Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).

Bibliografiska uppgifter
Huvudupphovsman: Kratena, Kurt
Materialtyp: Technical Report
Språk:en_US
Publicerad: MIT Joint Program on the Science and Policy of Global Change 2007
Länkar:http://mit.edu/globalchange/www/abstracts.html#a143
http://hdl.handle.net/1721.1/38457
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author Kratena, Kurt
author_facet Kratena, Kurt
author_sort Kratena, Kurt
collection MIT
description Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).
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institution Massachusetts Institute of Technology
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spelling mit-1721.1/384572019-04-12T07:37:33Z Technical Change, Investment and Energy Intensity Kratena, Kurt Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/). This paper analyzes the role of different components of technical change on energy intensity by applying a Translog variable cost function setting to the new EU KLEMS dataset for 3 selected EU countries (Italy, Finland and Spain). The framework applied represents an accounting of technical change components, comprising autonomous as well as embodied and induced technical change. The inducement of embodied technical change is introduced by an equation for the physical capital stock that is a fixed factor in the short-run. The dataset on capital services and user costs of capital in EUKLEMS enables explaining capital accumulation depending on factor prices. The model can be used for explaining and tracing back the long-run impact of prices and technical change on energy intensity. This paper is based on the EU KLEMS database, which has been funded by the European Commission, Research Directorate General as part of the 6th Framework Programme, Priority 8, “Policy Support and Anticipating Scientific and Technological Needs” (project 502049). 2007-08-15T18:02:28Z 2007-08-15T18:02:28Z 2007-03 Technical Report http://mit.edu/globalchange/www/abstracts.html#a143 http://hdl.handle.net/1721.1/38457 Report no. 143 en_US Report no. 143 application/pdf MIT Joint Program on the Science and Policy of Global Change
spellingShingle Kratena, Kurt
Technical Change, Investment and Energy Intensity
title Technical Change, Investment and Energy Intensity
title_full Technical Change, Investment and Energy Intensity
title_fullStr Technical Change, Investment and Energy Intensity
title_full_unstemmed Technical Change, Investment and Energy Intensity
title_short Technical Change, Investment and Energy Intensity
title_sort technical change investment and energy intensity
url http://mit.edu/globalchange/www/abstracts.html#a143
http://hdl.handle.net/1721.1/38457
work_keys_str_mv AT kratenakurt technicalchangeinvestmentandenergyintensity