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This paper analyzes the impact of energy efficiency gains on output and energy use through a Cobb-Douglas production function, correcting previous underestimations of long-term effects. It presents both partial and general equilibrium analyses, highlighting that energy efficiency improvements can lead to significant increases in GDP and energy consumption over time. The findings suggest that the long-term impact of energy efficiency gains is nearly double that of short-term effects, depending on the value s

Author

Paddy Nji Kily

Language

EN