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Title
Rationalization of the energy consumption of road transport for sustainable development

ISSN printed: 1733-8670, ISSN on-line: 2392-0378
Szaruga, Elżbieta1
URI: https://repository.am.szczecin.pl/handle/123456789/2616
2020-06-29
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).
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Title

Rationalization of the energy consumption of road transport for sustainable development

Pages

36-42

Figures

1

Tables

3

ISSN printed

1733-8670

ISSN on-line

2392-0378

DOI

10.17402/417

Type

Journal

62 Scientific Journals of the Maritime University of Szczecin, no. 62 / 2020

Publisher

Scientific Journals Maritime University of Szczecin, Zeszyty Naukowe Akademia Morska w Szczecinie

Copyright Holder

Scientific Journals Maritime University of Szczecin, Zeszyty Naukowe Akademia Morska w Szczecinie

Published

2020-06-29

Recieved

2019-10-20

Accepted

2020-06-15

Funding

No data

Keywords

energy consumption, freight road transport, rationalization, steady-state economy, sustainable development, vector error correction model

URI:

https://repository.am.szczecin.pl/handle/123456789/2616

Language

English

Authors

Szaruga, Elżbieta1

Affiliation

1 University of Szczecin, Faculty of Economics, Finance and Management 8 Cukrowa St., 71-004 Szczecin, Poland, elzbieta.szaruga@usz.edu.pl

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