期刊
ENERGY POLICY
卷 92, 期 -, 页码 279-285出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2016.01.040
关键词
Industrial energy efficiency; Total factor productivity; Growth
Does a trade-off exist between energy efficiency and economic growth? This question underlies some of the tensions between economic and environmental policies, especially in developing countries that often need to expand their industrial base to grow. This paper contributes to the debate by analyzing the relationship between energy efficiency and economic performance at the micro- (total factor productivity) and macro-level (countries' economic growth). It uses data on a large sample of manufacturing firms across 29 developing countries to find that lower levels of energy intensity are associated with higher total factor productivity for the majority of these countries. The results are robust to a variety of checks. Suggestive cross-country evidence points towards the same relation measured at the macro-level as well. (C) 2016 Elsevier Ltd. All rights reserved.
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