Energy productivity across developed and developing countries in 10 manufacturing sectors: Patterns of growth and convergence

Asami Miketa, Peter Mulder*

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

This paper provides an empirical analysis of energy-productivity convergence across 56 developed and developing countries, in 10 manufacturing sectors, for the period 1971-1995. We find that, except for the non-ferrous metals sector, cross-country differences in absolute energy-productivity levels tend to decline, particularly in the less energy-intensive industries. Testing for the catch-up hypothesis using panel data confirms that in all manufacturing sectors energy-productivity growth is, in general, relatively high in countries that initially lag behind in terms of energy-productivity levels. At the same time, cross-country differences in energy-productivity performance seem to be persistent; convergence is found to be local rather than global, with countries converging to different steady states and several failing to catch up. Finally, we find that country-specific factors, such as energy price and investment ratio, do explain the observed cross-country differences in energy-productivity performance, but only to a very limited extent.

Original languageEnglish
Pages (from-to)429-453
Number of pages25
JournalEnergy Economics
Volume27
Issue number3
DOIs
Publication statusPublished - May 2005

Keywords

  • Catch-up
  • Convergence
  • Energy efficiency
  • Energy intensity
  • Sector analysis

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