In this paper, we examine various macroeconomic impacts of improving energy efficiency in the People’s Republic of China, India, Indonesia, Japan, the Republic of Korea, Malaysia, and Thailand from 2010 to 2050. The paper finds that energy efficiency policies in Asia are expected to have a positive impact on private consumption, government expenditures, and investment. Such policies would also lead to a significant rise in trade within the region while reducing trade outside. Without measures to improve efficiency, emissions would increase significantly in most countries studied.
- Abstract
- Introduction
- Methodological Framework
- Macroeconomic Impacts
- Policy Trade-Offs and Implications
- References