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Macroeconomic rebound effects

Macro-rebounds: When rebound effects shape entire economies

Macro-rebounds describe the effects of increases in energy efficiency on the energy and resource consumption on a macroeconomic level. If, for instance, efficiency improvements increase the factor productivity of energy or materials, it might lead to higher total use of the resource in the sector concerned; falling resource prices might increase resource use in other sectors.

 

When improvements in resource efficiency occur, a couple of reciprocal effects occur: Several individual decisions on the household- and firm level are influenced by changes of supply and demand in the respective sector(s). For instance, more efficient cross-sectional technologies (such as pumps, electric motors or ventilators) which are used in several sectors might lead to structural change on the macroeconomic level.

 

Some scientists claim that the practical-political significance of rebound effects is rather low. The ReCap project instead assumes that rebound effects possibly occur way beyond a single sector and influence the development of entire economies. Next to the short-term equilibrium reactions of supply and demand on changes in price and quantity, macroeconomic rebound effects can have long(er)-term effects on consumer behavior, the institutional framework or on the design of production systems.

 

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Online-Fachkonferenz

23. Februar 2021:

Wie kann Energie- und Umweltpolitik Reboundeffekte reduzieren?

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Projektlaufzeit: 11/2017-4/2021


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      • 21. November 2019: Politische Maßnahmen zur Eindämmung von Rebound-Effekten
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