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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4913 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4913 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4913 archive 351 disk0/00/00/70/17 2016-01-15 02:15:44 2021-08-27 17:18:17 2016-01-15 02:15:44 monograph show 2 Miketa A. 7611 Mulder P. AL1023 pub iis_ene prog_ecs This paper provides an empirical analysis of energy-productivity convergence across 56 developed and developing countries, in 10 manufacturing sectors, for the period 1971 to 1995. We find that, except for the non-ferrous metals sector, cross-country differences in absolute energy-productivity levels tend to decline, particularly in the less energy-intensive industries. Testing for the catch-up hypothesis using panel data confirms that in all manufacturing sectors energy-productivity growth is, in general, relatively high in countries that initially lag behind in terms of energy-productivity performance seem to be persistent; convergence is found to be country-specific rather than global, with countries converging to different steady states and several failing to catch up. Finally, we find that country-specific factors, such as energy price and investment ratio, do explain the observed cross-country differences in energy-productivity performance, but only to a very limited extent. Hence, further research is needed to identify what accounts for the observed persistence in cross-country energy-productivity differentials. 2003-12 published IR-03-068 IR-03-068 1455 2214 public interim_report IIASA, Laxenburg, Austria 33 FALSE info:eu-repo/semantics/book