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The Great Transition: Energy and Economic Change

Author

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  • Dale W. Jorgenson

Abstract

This paper examines the interactions between energy prices and economic growth since the first world oil crisis in 1973. Its title comes from a report by the Swedish National Energy Administration. The report, which details the transition of the world economy from low-priced to high-priced energy, is an excellent overview of the interrelationships between industrialized economies and international energy markets.

Suggested Citation

  • Dale W. Jorgenson, 1986. "The Great Transition: Energy and Economic Change," The Energy Journal, , vol. 7(3), pages 1-13, July.
    • Handle: RePEc:sae:enejou:v:7:y:1986:i:3:p:1-13
    DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No3-1
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    Cited by:

    1. Miketa, Asami & Mulder, Peter, 2005. "Energy productivity across developed and developing countries in 10 manufacturing sectors: Patterns of growth and convergence," Energy Economics, Elsevier, vol. 27(3), pages 429-453, May.
    2. Calcagnini, Giorgio & Giombini, Germana & Travaglini, Giuseppe, 2016. "Modelling energy intensity, pollution per capita and productivity in Italy: A structural VAR approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1482-1492.
    3. Choi, Bongseok & Park, Wooyoung & Yu, Bok-Keun, 2017. "Energy intensity and firm growth," Energy Economics, Elsevier, vol. 65(C), pages 399-410.
    4. Peter Mulder & Henri de Groot, 2003. "International comparison of sectoral energy- and labour-productivity performance; stylised facts and decomposition of trends," CPB Discussion Paper 22, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Child, Michael & Breyer, Christian, 2017. "Transition and transformation: A review of the concept of change in the progress towards future sustainable energy systems," Energy Policy, Elsevier, vol. 107(C), pages 11-26.
    6. Raymond J.G.M. Florax & Henri L.F. de Groot & Peter Mulder, 2011. "Energy Efficiency and Technological Change," Chapters, in: Raymond J.G.M. Florax & Henri L.F. de Groot & Peter Mulder (ed.), Improving Energy Efficiency through Technology, chapter 1, Edward Elgar Publishing.
    7. Peter Mulder & Henri de Groot, 2003. "International comparison of sectoral energy- and labour-productivity performance; stylised facts and decomposition of trends," CPB Discussion Paper 22.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    8. Peter Mulder & Henri L.F. de Groot, 2004. "Decoupling Economic Growth and Energy Use. An Empirical Cross-Country Analysis for 10 Manufacturing Sectors," Tinbergen Institute Discussion Papers 04-005/3, Tinbergen Institute.
    9. L.G. Brookes, 1990. "Energy Efficiency and The Greenhouse Effect," Energy & Environment, , vol. 1(4), pages 318-333, December.
    10. Bongseok Choi & Wooyoung Park & Bok-Keun Yu, 2015. "Energy Efficiency and Firm Growth," Working Papers 2015-28, Economic Research Institute, Bank of Korea.
    11. Wang, Chunhua, 2013. "Changing energy intensity of economies in the world and its decomposition," Energy Economics, Elsevier, vol. 40(C), pages 637-644.

    More about this item

    Keywords

    Energy prices; Economic growth; International energy markets;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General

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