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Implications for energy and climate-change policies of using purchasing-power-parity-based GDP

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  • Siddiqi, Toufiq A.

Abstract

There is a much better correlation between energy use and GNP or GDP when the latter are calculated using purchasing-power parity (PPP) rather than market-exchange rates (MER). Using PPP-adjusted GDP also shows that the larger developing countries of the world are not, when viewed overall, less energy-efficient than their industrialized country counterparts. The per capita GDPs of the larger developing countries are typically about 1/10 to 1/4 of those of the O.E.C.D. countries, on a PPP-adjusted basis, rather than in the range of 1/80 to 1/10 on an MER-basis. This result may have major implications for future energy requirements of the developing countries, associated emissions of CO2, and formulation of policies for addressing global climate change.

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  • Siddiqi, Toufiq A., 1994. "Implications for energy and climate-change policies of using purchasing-power-parity-based GDP," Energy, Elsevier, vol. 19(9), pages 975-981.
    • Handle: RePEc:eee:energy:v:19:y:1994:i:9:p:975-981
    DOI: 10.1016/0360-5442(94)90083-3
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    Cited by:

    1. Zongxin, Wu & Siddiqi, T.A., 1995. "The role of nuclear energy in reducing the environmental impacts of China's energy use," Energy, Elsevier, vol. 20(8), pages 777-783.
    2. Lynn Price & Laurie Michaelis & Ernst Worrell & Marta Khrushch, 1998. "Sectoral Trends and Driving Forces of Global Energy Use and Greenhouse Gas Emissions," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 3(2), pages 263-319, December.

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