Abstract
Data are presented on energy consumption and energy prices related to a number of OECD (Organisation for Economic Co-operation and Development) lands covering the period 1951-1990. The information sources are described and the development of energy consumption and prices in Denmark are illustrated in relation to these other countries. The energy intensity (the relation between energy consumption and the gross national product) is dealt with. Here it is possible to follow development during the whole post-war period. It is generally understood that Denmark saved large amounts of energy after 1973-74 but, taken over the whole post-war period, savings and decline in energy-gross national product relations are less dramatic compared to conditions in other OECD countries. Energy coefficients or elasticities show the relative rise in consumption compared to the relative rise in gross national product (growth rate). This is shown to be typically unstable and an eventual connection with the amount of energy price increase and/or the growth rate of the national economy is considered. Results of Granger causuality tests on energy consumption, national income and energy prices are presented. Effective energy prices were very low in Denmark up to 1970 when they suddenly began to increase. Since the oil crisis
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Citation Formats
Bentzen, J.
Energy consumption and energy prices. A comparison of the development in 9 OECD lands 1951-1990; Energiforbrug og energipriser. En sammenligning af udviklingen i 9 OECD lande 1951-1990.
Denmark: N. p.,
1993.
Web.
Bentzen, J.
Energy consumption and energy prices. A comparison of the development in 9 OECD lands 1951-1990; Energiforbrug og energipriser. En sammenligning af udviklingen i 9 OECD lande 1951-1990.
Denmark.
Bentzen, J.
1993.
"Energy consumption and energy prices. A comparison of the development in 9 OECD lands 1951-1990; Energiforbrug og energipriser. En sammenligning af udviklingen i 9 OECD lande 1951-1990."
Denmark.
@misc{etde_10156792,
title = {Energy consumption and energy prices. A comparison of the development in 9 OECD lands 1951-1990; Energiforbrug og energipriser. En sammenligning af udviklingen i 9 OECD lande 1951-1990}
author = {Bentzen, J}
abstractNote = {Data are presented on energy consumption and energy prices related to a number of OECD (Organisation for Economic Co-operation and Development) lands covering the period 1951-1990. The information sources are described and the development of energy consumption and prices in Denmark are illustrated in relation to these other countries. The energy intensity (the relation between energy consumption and the gross national product) is dealt with. Here it is possible to follow development during the whole post-war period. It is generally understood that Denmark saved large amounts of energy after 1973-74 but, taken over the whole post-war period, savings and decline in energy-gross national product relations are less dramatic compared to conditions in other OECD countries. Energy coefficients or elasticities show the relative rise in consumption compared to the relative rise in gross national product (growth rate). This is shown to be typically unstable and an eventual connection with the amount of energy price increase and/or the growth rate of the national economy is considered. Results of Granger causuality tests on energy consumption, national income and energy prices are presented. Effective energy prices were very low in Denmark up to 1970 when they suddenly began to increase. Since the oil crisis Denmark`s energy consumption has fallen whereas the other countries have used rather more energy than before. Effective promotion of energy savings must be seen in relation to the fact that the 1970 basis level of energy consumption and intensity was unusually high. The high effective energy prices have also encouraged energy savings in Denmark. (AB).}
place = {Denmark}
year = {1993}
month = {Feb}
}
title = {Energy consumption and energy prices. A comparison of the development in 9 OECD lands 1951-1990; Energiforbrug og energipriser. En sammenligning af udviklingen i 9 OECD lande 1951-1990}
author = {Bentzen, J}
abstractNote = {Data are presented on energy consumption and energy prices related to a number of OECD (Organisation for Economic Co-operation and Development) lands covering the period 1951-1990. The information sources are described and the development of energy consumption and prices in Denmark are illustrated in relation to these other countries. The energy intensity (the relation between energy consumption and the gross national product) is dealt with. Here it is possible to follow development during the whole post-war period. It is generally understood that Denmark saved large amounts of energy after 1973-74 but, taken over the whole post-war period, savings and decline in energy-gross national product relations are less dramatic compared to conditions in other OECD countries. Energy coefficients or elasticities show the relative rise in consumption compared to the relative rise in gross national product (growth rate). This is shown to be typically unstable and an eventual connection with the amount of energy price increase and/or the growth rate of the national economy is considered. Results of Granger causuality tests on energy consumption, national income and energy prices are presented. Effective energy prices were very low in Denmark up to 1970 when they suddenly began to increase. Since the oil crisis Denmark`s energy consumption has fallen whereas the other countries have used rather more energy than before. Effective promotion of energy savings must be seen in relation to the fact that the 1970 basis level of energy consumption and intensity was unusually high. The high effective energy prices have also encouraged energy savings in Denmark. (AB).}
place = {Denmark}
year = {1993}
month = {Feb}
}