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156 points xbmcuser | 1 comments | | HN request time: 0.215s | source
1. throw0101d ◴[] No.45127206[source]
From 2022:

> […] Applying a new data set for country-level energy prices since 1960, this study evaluates the effects of energy prices on economic growth in 18 OECD countries by controlling for other important macroeconomic conditions that shape economic activity. Mean-group estimates that control for cross-country correlations are used to emphasize average responses across nations. Averaged across all nations, results suggest that a 10% increase in energy prices dampened economic growth by about 0.15%. Moreover, some evidence exists that this response may be larger for more energy-intensive economies.

* https://www.sciencedirect.com/science/article/abs/pii/S01409...

Though an interesting graph for Sweden on GDP growth and energy use:

* https://ourworldindata.org/grapher/energy-use-gdp-decoupling