Abstract
The aim was to illustrate and generally analyze data for energy consumption and prices in Denmark during the period 1990-1991. In relation to the presented data on gross and net energy consumption the significance of climate correction is discussed and graphs show the effective price of energy. The long-term connection between energy consumption, energy prices and gross domestic product at factor cost is debated. It is demonstrated how the relation between energy, and gross domestic product at factor cost, develops, and the level of domestic supply of energy during the current century is described. It is explained that, up to 1970, energy consumption had increased at an alarming rate which can be related to the national income during that period. Lately, increases have been more gradual, related to high, effective energy prices. It is stated that some influential effects are irreversible, such as improvements in thermal insulation in buildings and technical energy-saving innovations, and because of this even a fall in energy prices will not result in a return to former levels of energy consumption. The possibility of a new energy price shock in the future could excite even more energy saving activities. In the short term it is more
More>>
Citation Formats
Bentzen, J.
Denmark 1900-1991: Energy consumption, GDP and energy prices; Danmark 1990-1991. Energiforbrug, BFI og energipriser.
Denmark: N. p.,
1993.
Web.
Bentzen, J.
Denmark 1900-1991: Energy consumption, GDP and energy prices; Danmark 1990-1991. Energiforbrug, BFI og energipriser.
Denmark.
Bentzen, J.
1993.
"Denmark 1900-1991: Energy consumption, GDP and energy prices; Danmark 1990-1991. Energiforbrug, BFI og energipriser."
Denmark.
@misc{etde_10156788,
title = {Denmark 1900-1991: Energy consumption, GDP and energy prices; Danmark 1990-1991. Energiforbrug, BFI og energipriser}
author = {Bentzen, J}
abstractNote = {The aim was to illustrate and generally analyze data for energy consumption and prices in Denmark during the period 1990-1991. In relation to the presented data on gross and net energy consumption the significance of climate correction is discussed and graphs show the effective price of energy. The long-term connection between energy consumption, energy prices and gross domestic product at factor cost is debated. It is demonstrated how the relation between energy, and gross domestic product at factor cost, develops, and the level of domestic supply of energy during the current century is described. It is explained that, up to 1970, energy consumption had increased at an alarming rate which can be related to the national income during that period. Lately, increases have been more gradual, related to high, effective energy prices. It is stated that some influential effects are irreversible, such as improvements in thermal insulation in buildings and technical energy-saving innovations, and because of this even a fall in energy prices will not result in a return to former levels of energy consumption. The possibility of a new energy price shock in the future could excite even more energy saving activities. In the short term it is more difficult to see the relation between energy consumption and national income development, there are so many influential factors, such as gross domestic product, weather, prices and the number of domiciles etc., to take into consideration. But the estimation of long term elasticity of national income and prices rests at anticipated levels. (AB) (24 refs.).}
place = {Denmark}
year = {1993}
month = {Feb}
}
title = {Denmark 1900-1991: Energy consumption, GDP and energy prices; Danmark 1990-1991. Energiforbrug, BFI og energipriser}
author = {Bentzen, J}
abstractNote = {The aim was to illustrate and generally analyze data for energy consumption and prices in Denmark during the period 1990-1991. In relation to the presented data on gross and net energy consumption the significance of climate correction is discussed and graphs show the effective price of energy. The long-term connection between energy consumption, energy prices and gross domestic product at factor cost is debated. It is demonstrated how the relation between energy, and gross domestic product at factor cost, develops, and the level of domestic supply of energy during the current century is described. It is explained that, up to 1970, energy consumption had increased at an alarming rate which can be related to the national income during that period. Lately, increases have been more gradual, related to high, effective energy prices. It is stated that some influential effects are irreversible, such as improvements in thermal insulation in buildings and technical energy-saving innovations, and because of this even a fall in energy prices will not result in a return to former levels of energy consumption. The possibility of a new energy price shock in the future could excite even more energy saving activities. In the short term it is more difficult to see the relation between energy consumption and national income development, there are so many influential factors, such as gross domestic product, weather, prices and the number of domiciles etc., to take into consideration. But the estimation of long term elasticity of national income and prices rests at anticipated levels. (AB) (24 refs.).}
place = {Denmark}
year = {1993}
month = {Feb}
}