Abstract

Using a sample of 94 countries, we analyze the contribution of energy to cross-country economic growth and convergence since 1980. By extending the traditional frontier approach to include energy as an additional factor of production, we decompose economic growth into components attributable to technological catch-up (movement toward or away from the frontier), technological change (shifts in the world production frontier) and changes in factor inputs per unit of labor (movement along the production frontier).

Meet the authors

Darandary, Abdulelah
Energy Macro and Microeconomics
Meet the expert
AlKathiri, Nader
Energy Macro & Microeconomics
Meet the expert