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Declining Energy Intensity in the U.S. Manufacturing Sector

Abstract:
Since the first oil price shock of 1973 -74, there has been considerable reduction in total energy use per unit of total output. This development has many names: increasing energy conservation, demand elasticity, increasing energy productivity, or, conversely, decreasing energy intensity.

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Energy Specializations: Energy Modeling – Other

JEL Codes:
C59 - Econometric Modeling: Other

Keywords: US manufacturing sector, Energy intensity, energy conservation, productivity increase

DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No2-8


Published in Volume 9, Number 2 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.