353
Views
22
CrossRef citations to date
0
Altmetric
Original Articles

Market-related reforms and increased energy efficiency in transition countries: empirical evidence

, &

References

  • Anderson, D. (1995) Energy efficiency and the economists: the case for a policy based on economic principles, Annual Review of Energy and the Environment, 20, 495–511. doi:10.1146/annurev.eg.20.110195.002431
  • Anderson, T. W. and Hsiao, C. (1982) Formulation and estimation of dynamic models using panel data, Journal of Econometrics, 18, 47–82. doi:10.1016/0304-4076(82)90095-1
  • Arellano, M. and Bond, S. (1991) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, The Review of Economic Studies, 58, 277–97. doi:10.2307/2297968
  • Brennan, T. (2013) Energy efficiency policy puzzles, The Energy Journal, 34, 1–25. doi:10.5547/01956574.34.2.1
  • Bruno, G. S. F. (2005) Estimation and inference in dynamic unbalanced panel data models with a small number of individuals, The Stata Journal, 5, 473–500.
  • Bun, M. J. and Kiviet, J. F. (2003) On the diminishing returns of higher order terms in asymptotic expansions of bias, Economics Letters, 79, 145–52. doi:10.1016/S0165-1765(02)00299-9
  • Conrad, K. (2000) An econometric model of production with endogenous improvement in energy efficiency, 1970-1995, Applied Economics, 32, 1153–60. doi:10.1080/000368400404290
  • Cornillie, J. and Fankhauser, S. (2004) The energy intensity of transition countries, Energy Economics, 26, 283–95. doi:10.1016/j.eneco.2004.04.015
  • Easterly, W. and Levine, R. (2003) Tropics, germs, and crops: how endowments influence economic development, Journal of Monetary Economics, 50, 3–39. doi:10.1016/S0304-3932(02)00200-3
  • EBRD. (2001) Energy in Transition, Transition Report 2001, European Bank for Reconstruction and Development, London.
  • EBRD. (2008) Securing sustainable energy in transition economies, Transition Report, European Bank for Reconstruction and Development, April, London.
  • Fan, Y., Liao, H. and Wei, Y.-M. (2007) Can market oriented economic reforms contribute to energy efficiency improvement? Evidence from China, Energy Policy, 35, 2287–95. doi:10.1016/j.enpol.2006.07.011
  • Filippini, M. and Hunt, L. C. (2012) US residential energy demand and energy efficiency: a stochastic demand frontier approach, Energy Economics, 34, 1484–91. doi:10.1016/j.eneco.2012.06.013
  • Fisher-Vanden, K. (2003) The effects of market reforms on structural change: implications for energy use and carbon emissions in China, The Energy Journal, 24, 27–62.
  • Gillingham, K., Newell, R. G. and Palmer, K. (2009) Energy efficiency economics and policy, RFF Discussion Paper 09-19, Resources for the Future, Washington, DC.
  • Gray, D. (1995) Reforming the energy sector in transition economies, World Bank Discussion Papers, No. 296, World Bank, Washington, DC. doi:10.1596/0-8213-3424-7
  • Grubb, M. J. and Kohler, J. (2000) Induced technical change: evidence and implications for energy-environmental modelling and policy, Cambridge Working Papers in Economics 0031, University of Cambridge, Cambridge.
  • Jaffe, A. B., Newell, R. G. and Stavins, R. N. (2004) Economics of energy efficiency, Encyclopedia of Energy, 2, 79–90. doi:10.1016/B0-12-176480-X/00228-X
  • Kiviet, J. F. (1995) On bias, inconsistency and efficiency of various estimators in dynamic panel data models, Journal of Econometrics, 68, 53–78. doi:10.1016/0304-4076(94)01643-E
  • Kohler, J., Grubb, M., Popp, D. et al. (2006) The transition to endogenous technical change in climate-economy models: a technical overview to the innovation modelling comparison project, The Energy Journal, 27, 57–108.
  • Linares, P. and Labandeira, X. (2010) Energy efficiency: economics and policy, Journal of Economic Surveys, 24, 573–92.
  • Markandya, A., Pedroso-Galinato, S. and Streimikiene, D. (2006) Energy intensity in transition economies: is there convergence towards the EU average?, Energy Economics, 28, 121–45. doi:10.1016/j.eneco.2005.10.005
  • Megginson, W. L. and Netter, J. M. (2001) From state to market: a survey of empirical studies on privatization, Journal of Economic Literature, 39, 321–89. doi:10.1257/jel.39.2.321
  • Metcalf, G. (2008) An empirical analysis of energy intensity and its determinants at the state level, The Energy Journal, 29, 1–26.
  • Nepal, R. and Jamasb, T. (2012) Reforming the power sector in transition: do institutions matter?, Energy Economics, 34, September, 1675–82. doi:10.1016/j.eneco.2012.02.002
  • Popp, D. (2002) Induced innovation and energy prices, American Economic Review, 92, 160–80. doi:10.1257/000282802760015658
  • Raiser, M., Schaffer, M. and Schuchhardt, J. (2003) Benchmarking Structural Change in Transition, European Bank for Reconstruction and Development, EBRB, London, February.
  • Rodrik, D. (1996) Understanding economic policy reform, Journal of Economic Literature, 34, 9–41.
  • Roodman, D. (2009) How to do xtabond2: an introduction to difference and system GMM in Stata, Stata Journal, 9, 86–136.
  • Salter, W. E. G. (1966) Productivity and Technical Change, 2nd edn, Cambridge University Press, Cambridge.
  • Seabright, J., Smith, S. G. and Vierbicher, H. L. (1996) Market conditions affecting energy efficiency investments, in Energy Conversion Engineering Conference, Proceedings of the 31st Intersociety, Vol. 3.
  • Sinton, J. E. and Fridley, D. G. (2000) What goes up: recent trends in China’s energy consumption, Energy Policy, 28, 671–87. doi:10.1016/S0301-4215(00)00053-7
  • Stiglitz, J. E. (1999) Whither Reform? Ten Years of the Transition, Voprosy Economiki, 7.
  • Sue Wing, I. (2008) Explaining the declining energy intensity of the U. S. economy, Resource and Energy Economics, 30, 21–49. doi:10.1016/j.reseneeco.2007.03.001
  • Sutherland, R. J. (1991) Market barriers to energy-efficiency investments, The Energy Journal, 12, 15–34.
  • Svejnar, J. (2002) Transition economies: performance and challenges, The Journal of Economic Perspectives, 16, 3–28. doi:10.1257/0895330027058
  • Turner, K. (2013) Rebound effects from increased energy efficiency: a time to pause and reflect, The Energy Journal, 34, 25–42. doi:10.5547/01956574.34.4.2
  • Vickers, J. and Yarrow, G. (1988) Privatisation: An Economic Analysis, MIT Press, London.
  • Williamson, J. (1993) Democracy and the “Washington consensus”, World Development, 21, 1329–36. doi:10.1016/0305-750X(93)90046-C
  • Zhang, F. (2013) The energy transition of the transition economies: an empirical analysis, Energy Economics, 40, 679–86. doi:10.1016/j.eneco.2013.09.001

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.