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:: Volume 17, Issue 69 (Summer 1400 2021) ::
QEER 2021, 17(69): 197-222 Back to browse issues page
Energy Intensity, Ownership Structure and Industrial Concentration in Iran's Manufacturing Industries
Mehdi Fadaee * 1, Shahla Veisi
1- IMPS , m.fadaee@imps.ac.ir
Abstract:   (1970 Views)
In recent years, attention to the importance of optimal energy consumption has significantly increased. Meanwhile, the manufacturing sector is one of the most energy consuming sectors and its energy intensity index has always been high. In this study, we use a seemingly unrelated regression estimator to estimate factors that affect energy intensity in manufacturing industries with ten or more employees in Iran. We compare energy-based industries and non-energy-based industries. The results of this study show that while energy prices are inversely related to energy intensity in both groups of industries, the effect of rising energy prices on reducing energy intensity in energy-intensive industries is much greater. The ownership structure and industrial concentration are also inversely related to the energy intensity of industry. More privatization and increased  industrial concentration will reduce energy intensity, especially in the energy-based industries. The effect of research and development costs on energy intensity was either not significant or, contrary to expectations, was directly related to energy intensity.
JEL Classification: O13, Q47, C33
Keywords: Energy intensity, Manufacturing industries, Seemingly unrelated regression, Cobb-Douglas cost function, Energy-intensive industries
Keywords: Energy intensity, Manufacturing industries, Seemingly unrelated regression, Cobb-Douglas cost function, Energy-intensive industries
Full-Text [PDF 654 kb]   (711 Downloads)    
Type of Study: Research | Subject: Energy Economic
Received: 2021/02/11 | Accepted: 2021/09/1 | Published: 2021/09/1 | ePublished: 2021/09/1
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Fadaee M, Veisi S. Energy Intensity, Ownership Structure and Industrial Concentration in Iran's Manufacturing Industries. QEER 2021; 17 (69) :197-222
URL: http://iiesj.ir/article-1-1386-en.html


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Volume 17, Issue 69 (Summer 1400 2021) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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