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Identifying the Factors that Effect Sectoral Energy Efficiency in the Iranian Economy
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Seyed Mohammad Ali Kafaie *1   , Paria Nejadaghaeianvash2 |
1- Shahid Beheshti University , m-kafaie@sbu.ac.ir
2- Shahid Beheshti University |
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Abstract: (5528 Views) |
Given energy’s crucial contribution to the production process and its scarcity, it is important to measure how efficiently it gets used in an economy. This study aims to study energy efficieny in different sectors of the Iranian economy, namely agriculture, industry, transportation and services, due to differences in technologies used in these sectors. This research uses a panel data approach to identify the factors that impact sectoral energy efficieny, using data for the period 1994 to 2012. Our findings indicate that FDI and relative energy prices positively impact energy efficiency, while sectoral value added and capital-labor ratio have negative effects.
JEL Classification: Q43, E64, C23, F21
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| Keywords: FDI, panel data, relative energy price, sectoral energy efficiency |
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Full-Text [PDF 822 kb]
(3852 Downloads)
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Type of Study: Research |
Subject:
Energy Economic
Received: 2016/06/18 | Accepted: 2017/05/7 | Published: 2017/06/24 | ePublished: 2017/06/24
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