"In this study we evaluate the impact of demographic change on energy use. The results are obtained from a calibrated overlapping generations general equilibrium model for Italy. Contrary to studies based on partial equilibrium regression models, or fixed price models that are unable to account for supply side effects, we found that a pronounced ageing population leads to a reduction in energy use, although in principle, the increase in the share of old people produces a shift in consumption towards a more energy intensive mix of goods and services."
How does ageing population affect energy use? An OLG-GE application for Italy / Garau, Giorgio; Lecca, P; Mandras, Giovanni. - In: ECONOMIC MODELLING. - ISSN 0264-9993. - (2013), pp. 970-980.
How does ageing population affect energy use? An OLG-GE application for Italy
GARAU, Giorgio;MANDRAS, Giovanni
2013-01-01
Abstract
"In this study we evaluate the impact of demographic change on energy use. The results are obtained from a calibrated overlapping generations general equilibrium model for Italy. Contrary to studies based on partial equilibrium regression models, or fixed price models that are unable to account for supply side effects, we found that a pronounced ageing population leads to a reduction in energy use, although in principle, the increase in the share of old people produces a shift in consumption towards a more energy intensive mix of goods and services."I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.