Preprint / Working Paper
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 series | Stirling Economics Discussion Paper |
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Number in series | 2012-15 |
Publication date online | 31/07/2012 |
URL | |
Publisher | Stirling Management School |