Thursday, October 1, 2009
Energy/Capital Ratio
There doesn't seem to be much of relation between energy intensity and GDP per capita. But this chart shows that there is a relationship between energy per dollar of (estimated) capital and GDP per capita:The points off to the top right are mostly oil producers. Apart from those points there seems to be a clear downward trend. High income countries use less energy per dollar of capital than poor
Labels:
Econometrics,
EKC,
Energy,
Research Agenda
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