![]() ![]() ![]() This paper finds evidence of a significant impact of the next variables on energy efficiency: Energy prices, Energy research, development and demonstration, Openness to trade of the country, Average firm size and Initial level of energy efficiency in the country. The second block explores the underlying causes that have driven the evolution of energy intensity across the OECD economies and further analyses the evolution of those variables affecting energy efficiency in the Spanish economy. This analysis shows two clearly marked trends on the evolution of energy efficiency in the Spanish economy: a strong increase at a faster pace than the OECD average during the subperiod 1980-1995 and a rapid decline during the subperiod 1995-2005. This paper consists of two main blocks: the first analyzes the evolution of energy intensity (or energy efficiency) across a broad group of OECD countries for the period 1980-2005 with a high level of sectoral resolution, focusing the analysis on the Spanish economy. ![]()
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