Energy productivity and economic growth : experiences of the Japanese industries, 1955-2019 / Koji Nomura.
Nomura, Kōji, 1971- author.
2022
HD9502.J32
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Title Energy productivity and economic growth : experiences of the Japanese industries, 1955-2019 / Koji Nomura.
Author Nomura, Kōji, 1971- author.
ISBN 9789811964947 (electronic bk.)
9811964947 (electronic bk.)
9789811964930
9811964939
DOI https://doi.org/10.1007/978-981-19-6494-7
Published Singapore : Springer, [2022]
Copyright ©2022
Language English
Description 1 online resource (xxii, 246 pages) : illustrations (chiefly color)
Other Standard Identifiers 10.1007/978-981-19-6494-7 doi
Call Number HD9502.J32
Dewey Decimal Classification 333.79095209045
Summary Energy costs in the economy amount to only a few percent of gross domestic product, but their importance to economic growth is much greater than their apparent number. Energy is used in almost all production and consumption activities, and energy price changes induce significant spillover effects throughout the economic system. More importantly, stable and affordable access to energy is a critical factor in determining the rate of capital accumulation in a domestic economy and, hence, labor productivity growth. The expansion of production per hour worked is achieved by using more and higher quality capital, which requires more energy to operate. This book aims to provide robust observational facts on energy productivity improvement (EPI) and to analyze the mechanisms of EPI achieved in Japans economic growth from 1955 to 2019. Linking the productivity account with energy statistics enables us to attempt not only to develop a better indicator of energy productivity but also to evaluate the EPI with other significant changes in the production process, such as capital productivity, labor productivity, and even the overall efficiency measured in terms of total factor productivity. This book is a valuable resource for researchers and policymakers seeking to understand the role of energy throughout the economy and for economic planners seeking to ensure the efficient use of energy now and into the future.
Bibliography, etc. Note Includes bibliographical references.
Access Note Access limited to authorized users.
Source of Description Description based on print version record.
Available in Other Form Energy productivity and economic growth.
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
All Resources
Energy and Economic Growth
Industry Origins of Energy Productivity Improvement
Real Energy Cost
Energy Productivity and Overall Efficiency
Indirect Import of Electricity
Toward the Energy Transition of Japan.

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