Energy Consumption Decomposition of Thai Industrial Sector (in Thai)
Asst. Prof. Bundit Chiaivichayachat
Energy consumption in Thailand has been increasing continuously since the 1980s, especially in the industrial sector. This study identifies the sources of energy consumption increase in the industrial sector during 1993-2005. The analysis applies the energy consumption decomposition method suggested by Sun (1998). The results indicate that the activity effect was the major source of increase while the structural effect and intensity effect, representing energy consumption efficiency, played a minor role in energy consumption increase. A policy to improve energy use efficiency is needed; it would reduce energy consumption and sustain the country’s economic growth as well as maintain the competitiveness of Thailand’s industrial sector in global market.
Keywords: energy consumption decomposition, industrial sector
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