A THREE-REGION MODEL OF ENERGY, INTERNATIONAL TRADE AND ECONOMIC GROWTH

In: Policy analysis: publ. quarterly for the Graduate School of Public Policy, University of California, Band 5, Heft 3, S. 229-243

Abstract

ALTHOUGH THE DEVELOPING COUNTRIES NOW CONSUME A RELATIVELY SMALL FRACTION OF THE WORLD'S ENERGY, THIS FRACTION COULD GROW RAPIDLY OVER THE COMING DECADES. BY COMPARISON WITH THE INDUSTRIALIZED NATIONS, THE LESS DEVELOPED COUNTRIES HAVE HIGH POPULATION GROWTH RATES AND HIGH INCOME ELASTICITIES OF DEMAND FOR COMMERCIAL ENERGIES.