Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/7753
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector
Authors: Anson, Sam
Turner, Karen
Contact Email: karen.turner@stir.ac.uk
Keywords: General equilibrium
Energy efficiency
Rebound effects
Issue Date: Sep-2009
Publisher: Elsevier
Citation: Anson S & Turner K (2009) Rebound and disinvestment effects in refined oil consumption and supply resulting from an increase in energy efficiency in the Scottish commercial transport sector, Energy Policy, 37 (9), pp. 3608-3620.
Abstract: In this paper, we use an energy-economy-environment computable general equilibrium (CGE) model of the Scottish economy to examine the impacts of an exogenous increase in energy augmenting technological progress in the domestic commercial Transport sector on the supply and use of energy. We focus our analysis on Scottish refined oil, as the main type of energy input used in commercial transport activity. We find that a 5% increase in energy efficiency in the commercial Transport sector leads to rebound effects in the use of oil- based energy commodities in all time periods, in the target sector and at the economy-wide level. However, our results also suggest that such an efficiency improvement may cause a contraction in capacity in the Scottish refined oil supply sector. This 'disinvestment effect' acts as a constraint on the size of rebound effects. However, the magnitude of rebound effects and presence of the disinvestment effect in the simulations conducted here are sensitive to the specification of key elasticities of substitution in the nested production function for the target sector, particularly the substitutability of energy for non-energy intermediate inputs to production.
Type: Journal Article
URI: http://hdl.handle.net/1893/7753
DOI Link: http://dx.doi.org/10.1016/j.enpol.2009.04.035
Rights: Publisher policy allows this work to be made available in this repository. Published in Energy Policy by Elsevier. The original publication is available at http://dx.doi.org/10.1016/j.enpol.2009.04.035
Affiliation: Scottish Government - Transport Analytical Services
Economics

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