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Paradigmskifte i energiutbudet – från överflöd till knapphet

Svärd, Petter LU (2013) NEKH01 20131
Department of Economics
Abstract
Since the beginning of the industrial revolution, the western society has been transformed by, and dependant on, cheap and abundant energy. With respect to today’s changing conditions, we might have reached the end on this long and prosperous journey. Today’s global energy consumption consists of more than four fifths of fossil fuels. These fuels are not unlimited, and will consequently constrain the supply side of the price mechanism which in turn will result in price spikes. This thesis treats a regression model that concludes if, and how big, the impact of growth in energy consumption has on economical growth, measured in GDP. The energy consumption is divided in six different types of energy, to see how much a price increase in a... (More)
Since the beginning of the industrial revolution, the western society has been transformed by, and dependant on, cheap and abundant energy. With respect to today’s changing conditions, we might have reached the end on this long and prosperous journey. Today’s global energy consumption consists of more than four fifths of fossil fuels. These fuels are not unlimited, and will consequently constrain the supply side of the price mechanism which in turn will result in price spikes. This thesis treats a regression model that concludes if, and how big, the impact of growth in energy consumption has on economical growth, measured in GDP. The energy consumption is divided in six different types of energy, to see how much a price increase in a specific energy resource will affect the GDP. The model measures 23 European countries between 1975 and 2011. (Less)
Please use this url to cite or link to this publication:
author
Svärd, Petter LU
supervisor
organization
course
NEKH01 20131
year
type
M2 - Bachelor Degree
subject
keywords
Energi, paradigmskifte, knapphet, komplexitet, kollaps
language
Swedish
id
4024921
date added to LUP
2013-09-18 09:38:42
date last changed
2013-09-18 09:38:42
@misc{4024921,
  abstract     = {Since the beginning of the industrial revolution, the western society has been transformed by, and dependant on, cheap and abundant energy. With respect to today’s changing conditions, we might have reached the end on this long and prosperous journey. Today’s global energy consumption consists of more than four fifths of fossil fuels. These fuels are not unlimited, and will consequently constrain the supply side of the price mechanism which in turn will result in price spikes. This thesis treats a regression model that concludes if, and how big, the impact of growth in energy consumption has on economical growth, measured in GDP. The energy consumption is divided in six different types of energy, to see how much a price increase in a specific energy resource will affect the GDP. The model measures 23 European countries between 1975 and 2011.},
  author       = {Svärd, Petter},
  keyword      = {Energi,paradigmskifte,knapphet,komplexitet,kollaps},
  language     = {swe},
  note         = {Student Paper},
  title        = {Paradigmskifte i energiutbudet – från överflöd till knapphet},
  year         = {2013},
}