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Energy use reduction and input productivity growth in Australian industries (Conference paper 11.04)

Publication date: 09 Feb 2011

The magnitude of autonomous energy efficiency improvement and the bias in technological change in Australia's agricultural and industrial sectors have been estimated. The results for overall productivity, input use productivity, the influence of capital on energy productivity, and energy saving and using bias revealed widely different energy productivity growth rates in different industries. This suggests a need to revise the 0.5 per cent a year autonomous energy efficiency improvement parameter assumed in most economic projection models used in Australia.

This paper was presented at the 55th Annual AARES (Australian Agricultural and Resource Economics Society) National Conference in Melbourne on the 9-11th February 2011.

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