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Rationalization of the energy consumption of road transport for sustainable development

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EN
Abstrakty
EN
This paper presents an approach to rationalize the energy consumption of road transport towards sustainability in a steady-state economy. The research hypothesis is that the rationalization of the energy consumption of road transport is affected by drift and shocks, which desynchronizes the adjustment mechanism from equilibrium. The objective of this research was to incorporate the model of energy consumption of road freight transport with the goals of sustainability by considering ecological and constructivist rational orders, the issue of order drift, and the occurrence of shocks. The research investigated Poland from the first quarter of 2004 to the fourth quarter of 2018. A model for rationalizing the energy consumption of road transport was constructed using the vector error correction model and cointegration techniques. The model revealed one cointegrating relationship and showed statistically significant unlimited drift. The level of changes to long-term equilibrium appeared respectively for GDP – 1.8%, PPI for energy – 7.3%, and for energy consumption – 10.9%. We observed a weak sustainability between the energy consumption of road transport and GDP and a strong sustainability between energy consumption of road transport and PPI energy. It was determined that price shocks had a positive impact (at the estimated point level around 0.06) and supply and demand shocks had a negative impact (at the level estimated point around –3).
Rocznik
Strony
36--42
Opis fizyczny
Bibliogr. 29 poz., rys., tab.
Twórcy
  • University of Szczecin, Faculty of Economics, Finance and Management 8 Cukrowa St., 71-004 Szczecin, Poland
Bibliografia
  • 1. Barla, P., Gilbert-Gonthier, M. & Kuelah, J.-R.T. (2014) The demand for road diesel in Canada. Energy Economics 43, pp. 316–322.
  • 2. Cherepanov, V., Feddersen, T. & Sandroni, A . (2013) Rationalization. Theoretical Economics 8, 3, pp. 775–800.
  • 3. Coeurdacier, N., Rey, H. & Winant, P . (2011) The Risky Steady State. The American Economic Review 101, 3, pp. 398–401.
  • 4. Daly , H.E. (1991) Steady-State Economics. Washington: Island Press.
  • 5. Daly , H.E. (1993) Steady-State Economics: A New Paradigm. New Library History 24, 4, pp. 811–816.
  • 6. Dedeurwaerdere , T. (2013) Sustainability science for strong sustainability. Report prepared in the context of the public tender on a Scientific Report on the Organisation of Scientific Research, with the suport of the Minister for Sustainable Development and Public Administration of the Walloon Government of Belgium. Leuven: Université catholique de Louvain and Fonds National de la Recherche Scientifique, FSR-FNRS.
  • 7. García-Olivares, A. & Ballabrera-Poy , J. (2015) Energy and mineral peaks, and a future steady state economy. Technological Forecasting and Social Change 90, B, pp. 587–598.
  • 8. Gerboni, R., Grosso, D., Carpignano, A. & Chiara, B .D. (2017) Linking energy and transport models to support policy making. Energy Policy 111, pp. 336–345.
  • 9. Huang, K.X., Meng, Q. & Xue, J. (2017) Balanced-budget income taxes and aggregate stability in a small open economy. Journal of International Economics 105, pp. 90–101.
  • 10. Kaczmarek , T. (2015) The need for order in a market economy. Biuletyn PTE 2(69), pp. 54–61 (in Polish).
  • 11. Karplus, V.J., Paltsev, S., Babiker, M. & Reily, J.M . (2013) Applying engineering and fleet detail to represent passenger vehicle transport in a computable general equilibrium model. Economic modelling 30, pp. 295–305.
  • 12. Litman , T. (2016) Well Measured: Developing Indicators for Sustainable and Livable Transport Planning. Victoria: Victoria Transport Policy Institute.
  • 13. Lu, S.-M. (2016) A low-carbon transport infrastructure in Taiwan based on the implementation of energy-saving measures. Renewable and Sustainable Energy Reviews 58, pp. 499–509.
  • 14. Mączyńska , E. (2015) Bankruptcy of enterprises – global context. In Mączyńska, E. (ed.). Bankruptcy, bankruptcy and recovery processes of enterprises. Selected regulatory aspects. Warsaw: Publishing House – Warsaw School of Economics (in Polish).
  • 15. Mitra , T. (2013) Characterizing the sustainability problem in an exhaustible resource model. Journal of Economic Theory 148, 5, pp. 2164–2182.
  • 16. O’neil , D.W. (2015) The proximity of nations to a socially sustainable steady-state economy. Journal of Cleaner Production 108, pp. 1213–1231.
  • 17. OECD (2019) OECD Statistics. [Online] Available from: https://stats.oecd.org/ [Accessed: September 11, 2019].
  • 18. Pysz, P. (2015) Drift of economic order in the modern world. Biuletyn PTE 2(69), pp. 49–53 (in Polish).
  • 19. Saidi, S., Shahbaz, M. & Akhtar, P . (2018) The long-run relationships between transport energy consumption, transport infrastructure, and economic growth in MENA countries. Transportation Research Part A: Policy and Practice 111, pp. 78–95.
  • 20. Schmitt-Grohé, S. & Uribe, M. (2003) Closing small open economy models. Journal of International Economics 61, 1, pp. 163–185.
  • 21. Schrettle, S., Hinz, A., Scherrer-Rathje, M. & Friedli, T. (2014) Turning sustainability into action: Explaining firms’ sustainability efforts andtheire impact on firm performance. International Journal of Production Economics 147, pp. 73–84.
  • 22. Sierra , J.C. (2016) Estimating road transport fuel consumption in Ecuador. Energy Policy 92, pp. 359–368.
  • 23. Smith, V.L. (2013) Rationality in economics. Warszawa: Oficyna a Wolters Kluwer business (in Polish)
  • 24. Szaruga , E. (2018) Rationalization of energy consumption of road transport. The challenge of the 21st century. Kraków-Legionowo: edu-Libri (in Polish).
  • 25. Szaruga, E., Skąpska, E., Załoga, E. & Matwiejczuk , W. (2018) Trust and distress prediction in modal shift potential of long-distance road freight in containers: modeling approach in transport services for sustainability. Sustainability 10, 7, 2370, pp. 1–19.
  • 26. Szaruga, E. & Załoga , E. (2019) Rationalization of Energy Consumption of Road Transport of Member Countries of the International Energy Agency. In: Suchanek, M. (ed.). Challenges of Urban Mobility, Transport Companies and Systems, pp. 333–342. Cham: Springer Proceedings in Business and Economics. Springer Nature Switzerland AG.
  • 27. Winebrake, J.J., Green, E.H., Comer, B., Li, C., Froman, S. & Shelby, M . (2015) Fuel price elasticities in the U.S. combination trucking sector. Transportation Research Part D: Transport and Environment 38, pp. 166–177.
  • 28. Załoga , E. (2013) Trends in European Union land transport. Szczecin, Poland: University of Szczecin Publishing House (in Polish).
  • 29. Załoga, E. & Szaruga , E. (2015) Analysis of the relationship between consumption of carbon dioxide emissions and energy consumption, unit energy consumption and productivity of freight road transport. Logistyka 4, pp. 6973–6982 (in Polish).
Uwagi
Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2020).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-4f7e2da6-cfe8-47d9-b2d6-a705053b0f23
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