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Modeling Energy Demand and Socioeconomic Development Of Taiwan

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  • Gwo-Hshiung Tzeng

Abstract

Taiwan lacks a natural energy endowment. Its energy demands have dramatically increased with the growth of the economy and standard of living during the past two decades. Based on the new socioeconomic developmentpolicy for the next two decades, the government of Taiwan has devoted special attention and effort to improving various social and environmental problems affecting the country's overall quality of life. The increasing rate of household energy demand will slow down as the market for electrical appliances reaches a saturation point and as the energy efficiency of appliances is improved. Transportation policies call for energy conservation during the next two decades by raising energy use efficiency. The industrial sector has also implemented energy conservation measures by raising energy efficiency and by diagnosing and improving energy-use.

Suggested Citation

  • Gwo-Hshiung Tzeng, 1989. "Modeling Energy Demand and Socioeconomic Development Of Taiwan," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 133-152.
    • Handle: RePEc:aen:journl:1989v10-02-a09
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    Cited by:

    1. Asif Reza Anik & Sanzidur Rahman, 2021. "Commercial Energy Demand Forecasting in Bangladesh," Energies, MDPI, vol. 14(19), pages 1-22, October.
    2. Sa'ad, Suleiman, 2011. "Underlying energy demand trends in South Korean and Indonesian aggregate whole economy and residential sectors," Energy Policy, Elsevier, vol. 39(1), pages 40-46, January.

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    JEL classification:

    • F0 - International Economics - - General

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