{"id":8482,"date":"2024-11-06T11:12:17","date_gmt":"2024-11-06T11:12:17","guid":{"rendered":"https:\/\/revista.isfin.ro\/?p=8482"},"modified":"2024-11-19T11:37:10","modified_gmt":"2024-11-19T11:37:10","slug":"exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry","status":"publish","type":"post","link":"https:\/\/revista.isfin.ro\/en\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/","title":{"rendered":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY"},"content":{"rendered":"
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Author: Andrei Silviu Dospinescu<\/p>

Vol. 9 \u2022 No. 17 \u2022 2024<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView abstract PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView article PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Abstract<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

The recent geopolitical upheavals have significantly impacted manufacturing, with volatile energy prices disrupting firms’ cost structures and competitiveness. In this context, assessing the readiness of Romania’s manufacturing sector structure to face these geopolitical challenges is crucial. The present paper explores the nexus between energy efficiency and structural changes in Romania\u2019s manufacturing industry over the past two and a half decades, analyzing the dynamics of energy consumption and efficiency. The analysis shows that structural changes were crucial in decreasing energy consumption, as the manufacturing activities with the lowest energy efficiencies underwent the most significant output reductions. Moreover, the evolution of investment intensities in the manufacturing industry activities reflects both the sectors that have undergone successful restructuring and those that have proven attractive to investors. In terms of structural breaks, the results of the Bai-Perron (2003) test conducted on the output of the manufacturing activities revealed that the activities identified as the most energy-efficient, such as the Manufacture of furniture; other manufacturing, and the Manufacture of machinery and equipment not elsewhere classified (n.e.c.) also exhibit a considerable number of structural breaks.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Keywords:<\/strong> Manufacturing activities, energy efficiency, structural changes, Bai-Perron test.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

JEL Classification:<\/strong> L16, L60.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

DOI: <\/strong>10.55654\/JFS.2024.9.17.04<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t
\n\n \n\n
\n\n \n BACK<\/span>\n\n <\/div>\n <\/a>\n <\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

Author: Andrei Silviu Dospinescu Vol. 9 \u2022 No. 17 \u2022 2024 View abstract PDF View article PDF Abstract The recent geopolitical upheavals have significantly impacted manufacturing, with volatile energy prices disrupting firms’ cost structures and competitiveness. In this context, assessing the readiness of Romania’s manufacturing sector structure to face these geopolitical challenges is crucial. The …<\/p>\n

EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY<\/span> Read More »<\/a><\/p>","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[184],"tags":[],"yoast_head":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/revista.isfin.ro\/en\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare\" \/>\n<meta property=\"og:description\" content=\"Author: Andrei Silviu Dospinescu Vol. 9 \u2022 No. 17 \u2022 2024 View abstract PDF View article PDF Abstract The recent geopolitical upheavals have significantly impacted manufacturing, with volatile energy prices disrupting firms’ cost structures and competitiveness. In this context, assessing the readiness of Romania’s manufacturing sector structure to face these geopolitical challenges is crucial. The … EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY Read More »\" \/>\n<meta property=\"og:url\" content=\"https:\/\/revista.isfin.ro\/en\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Revista de Studii Financiare\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T11:12:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-19T11:37:10+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ri_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/revista.isfin.ro\/#website\",\"url\":\"https:\/\/revista.isfin.ro\/\",\"name\":\"Revista de Studii Financiare\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/revista.isfin.ro\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#webpage\",\"url\":\"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/\",\"name\":\"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare\",\"isPartOf\":{\"@id\":\"https:\/\/revista.isfin.ro\/#website\"},\"datePublished\":\"2024-11-06T11:12:17+00:00\",\"dateModified\":\"2024-11-19T11:37:10+00:00\",\"author\":{\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c\"},\"breadcrumb\":{\"@id\":\"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Prima pagin\\u0103\",\"item\":\"https:\/\/revista.isfin.ro\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\\u2019S MANUFACTURING INDUSTRY\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c\",\"name\":\"ri_admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/revista.isfin.ro\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g\",\"caption\":\"ri_admin\"},\"sameAs\":[\"http:\/\/Revista%20ISFIN\"],\"url\":\"https:\/\/revista.isfin.ro\/en\/author\/ri_admin\/\"}]}<\/script>","yoast_head_json":{"title":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/revista.isfin.ro\/en\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/","og_locale":"en_GB","og_type":"article","og_title":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare","og_description":"Author: Andrei Silviu Dospinescu Vol. 9 \u2022 No. 17 \u2022 2024 View abstract PDF View article PDF Abstract The recent geopolitical upheavals have significantly impacted manufacturing, with volatile energy prices disrupting firms’ cost structures and competitiveness. In this context, assessing the readiness of Romania’s manufacturing sector structure to face these geopolitical challenges is crucial. The … EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY Read More »","og_url":"https:\/\/revista.isfin.ro\/en\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/","og_site_name":"Revista de Studii Financiare","article_published_time":"2024-11-06T11:12:17+00:00","article_modified_time":"2024-11-19T11:37:10+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ri_admin","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/revista.isfin.ro\/#website","url":"https:\/\/revista.isfin.ro\/","name":"Revista de Studii Financiare","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/revista.isfin.ro\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#webpage","url":"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/","name":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY - Revista de Studii Financiare","isPartOf":{"@id":"https:\/\/revista.isfin.ro\/#website"},"datePublished":"2024-11-06T11:12:17+00:00","dateModified":"2024-11-19T11:37:10+00:00","author":{"@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c"},"breadcrumb":{"@id":"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/revista.isfin.ro\/2024\/11\/06\/exploring-the-nexus-between-energy-efficiency-and-structural-changes-in-romanias-manufacturing-industry\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Prima pagin\u0103","item":"https:\/\/revista.isfin.ro\/"},{"@type":"ListItem","position":2,"name":"EXPLORING THE NEXUS BETWEEN ENERGY EFFICIENCY AND STRUCTURAL CHANGES IN ROMANIA\u2019S MANUFACTURING INDUSTRY"}]},{"@type":"Person","@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c","name":"ri_admin","image":{"@type":"ImageObject","@id":"https:\/\/revista.isfin.ro\/#personlogo","inLanguage":"en-GB","url":"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g","caption":"ri_admin"},"sameAs":["http:\/\/Revista%20ISFIN"],"url":"https:\/\/revista.isfin.ro\/en\/author\/ri_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/8482"}],"collection":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/comments?post=8482"}],"version-history":[{"count":22,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/8482\/revisions"}],"predecessor-version":[{"id":8884,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/8482\/revisions\/8884"}],"wp:attachment":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/media?parent=8482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/categories?post=8482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/tags?post=8482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}