Revisiting the Energy-Development Link
Evidence from the 20th Century for Knowledge-based and Developing Economies
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Beschreibung
Unravelling the intricate relationship between economic development and energy consumption, this book proposes an innovative framework for the empirical investigation of the link between the economy and natural resources. It proposes a novel set of indicators to shed light on those aspects of the economic process and development that determine their requirements in terms of natural resources. Employing updated databases, this book presents tables and diagrams to compare the conventional and the new estimates of the linkage between energy and economic development (Energy Intensity) throughout the world, over the last 100 years.
Whereas estimates based on the established framework for evaluating the link between energy resources and the economy indicate a strong decoupling trend, the new indicators follow substantially different paths which suggest a strong coupling between economic growth and energy use. These differences -which call into question the prevailing opinion of decoupling- are fundamental for the prospects of sustainability.
This book provides a valuable resource for economists, energy and environmental analysts, natural resource managers and policy makers. It is also intended for students of ecological economics, sustainability studies, natural resource and energy economics.
Proposes a new innovative framework for the empirical investigation of the link between economy and natural resources Sheds light on aspects of economic development which have so far not been examined in the current literature Employs databases to carry out rigorous estimates of the energy intensity of economies across the world Includes supplementary material: sn.pub/extras
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Kostas Bithas
Themen in »Revisiting the Energy-Development Link«
Decoupling effect Economy and natural resources Energy intensity of the production process Physical properties of the production process Scarcity of energy resources and limits to growth Sustainable development and energy resources The link between economic development and energy consumption