Revisiting world energy intensity convergence for regional differences

Abstract

World convergence in energy intensity is revisited using two new large data sets: a 111-country sample spanning 1971-2006, and a 134-country sample spanning 1990-2006. Both data sets confirm continued convergence. However, the larger data set, which adds the former Soviet Union republics and additional Balkan countries, indicates greater convergence over its more recent time-frame. Further investigation of geographical differences reveals that the OECD and Eurasian countries have shown considerable, continued convergence, while the Sub-Saharan African countries have converged amongst themselves, but at a slower rate than the OECD and Eurasian countries; by contrast, Latin American and Caribbean and Middle East and North African countries have exhibited no convergence to divergence in energy intensity.Energy intensity Convergence Intra-distribution dynamics

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Research Papers in Economics

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Last time updated on 06/07/2012

This paper was published in Research Papers in Economics.

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