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Energy Consumption in Hungary: An Ex Post Analysis

This paper analyzes the causes of the recent stagnation of Hungary's gross energy consumption. Applying a dynamic method, we estimate the effect of three factors: reduced growth, structural adjustment, and energy conservation. After an explanation of the methodology and a description of the estimating procedures, we discuss our results and offer some conclusions. Individual equations are contained in the appendix.

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Energy Specializations: Energy Modeling – Energy Data, Modeling, and Policy Analysis

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q48: Energy: Government Policy, Q35: Hydrocarbon Resources, Q31: Nonrenewable Resources and Conservation: Demand and Supply; Prices

Keywords: Energy consumption, Hungary, energy conservation, structural adjustment

DOI: 10.5547/ISSN0195-6574-EJ-Vol6-No3-10

Published in Volume 6, Number 3 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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