Energy Productivity Convergence in Eastern European Countries: A Panel Data Approach

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Tarih

2021

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Routledge Journals, Taylor & Francis Ltd

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This paper empirically investigates energy productivity convergence across Eastern European Countries. The analysis is performed by using two different models of beta-convergence and panel data methods. Analysis reveals that a 1% decrease in energy productivity of the initial year and the previous year associates with a 1.4059% increase in the average annual growth rate of energy productivity calculated relative to the initial year and a 1.4830% increase in the growth rate of energy productivity calculated relative to the previous year. These findings support energy productivity convergence among sample countries; however, beta-coefficients indicate to the weakness of this convergence.

Açıklama

Anahtar Kelimeler

beta-convergence, Eastern European countries, energy productivity convergence, panel data

Kaynak

Eastern European Economics

WoS Q Değeri

Q3

Scopus Q Değeri

Q3

Cilt

59

Sayı

5

Künye