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Preprint / Working Paper

'Rebound' effects from increased energy efficiency: a time to pause and reflect

Details

Citation

Turner K (2012) 'Rebound' effects from increased energy efficiency: a time to pause and reflect. Stirling Economics Discussion Paper, 2012-15.

Abstract
The phenomenon of rebound effects has sparked considerable academic, policy and press debate over the effectiveness of energy efficiency policy in recent years. There has been a huge surge in empirical studies claiming rebound effects of hugely varying magnitudes. The contention of this paper is that the lack of consensus in the literature is grounded in a rush to empirical estimation in the absence of solid analytical foundations. Focus on measuring a single 'rebound' measure has led to a neglect of detail on precisely what type of change in energy use is considered in any one study and on the range of mechanisms governing the economy-wide response. This paper attempts to bring a reflective pause to the development of the rebound literature, with a view to identifying the key issues that policymakers need to understand and analysts need to focus their attention on.

Keywords
Energy efficiency; Rebound; Energy demand; Energy supply

JEL codes

  • Q01: Sustainable Development
  • Q40: Energy: General
  • Q41: Energy: Demand and Supply; Prices
  • Q43: Energy and the Macroeconomy

Title of seriesStirling Economics Discussion Paper
Number in series2012-15
Publication date online31/07/2012
URL
PublisherStirling Management School

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