The Rebound Effect with Energy Production : A Partial Equilibrium Analysis
Allan, Grant and McGregor, Peter and Swales, J. Kim and Turner, Karen (2009) The Rebound Effect with Energy Production : A Partial Equilibrium Analysis. Discussion paper. University of Strathclyde, Glasgow.
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Abstract
Rebound is the extent to which improvements in energy efficiency fail to translate fully into reductions in energy use because of the implicit fall in the price of energy, when measured in efficiency units. This paper discusses aspects of the rebound effect that are introduced once energy is considered as a domestically produced commodity. A partial equilibrium approach is adopted in order to incorporate both energy use and production in a conceptually tractable way. The paper explores analytically two interesting results revealed in previous numerical simulations. The first is the possibility that energy use could fall by more than the implied improvement in efficiency. This corresponds to negative rebound. The second is the finding that the short-run rebound value can be greater than the corresponding long-run value.
ORCID iDs
Allan, Grant ORCID: https://orcid.org/0000-0002-1404-2768, McGregor, Peter ORCID: https://orcid.org/0000-0003-1221-7963, Swales, J. Kim and Turner, Karen;-
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Item type: Monograph(Discussion paper) ID code: 67787 Dates: DateEvent2009PublishedNotes: Published as a paper within the Discussion Papers in Economics, No. 09-25 (2009) Subjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Faculty of Humanities and Social Sciences (HaSS) > Government and Public Policy > PoliticsDepositing user: Pure Administrator Date deposited: 14 May 2019 09:26 Last modified: 03 Oct 2024 00:10 URI: https://strathprints.strath.ac.uk/id/eprint/67787