“Minus 1” and Energy Costs Constants: Sectorial Implications

Figure 9

Housing energy costs shares for different countries. Vertical line splits the time scale into two parts. The first part represents estimates available from some studies for 1500-1870, the second one represents statistical data since 1929 onwards. Index inc reflects the ECS for residential sector in income before tax, while index exp reflects the ECS in personal consumption expenditures. Sources: Fouquet [15]; Fouquet [13]; Timmer et al. [9] and Timmer et al. [10]; Government of India [16, 17]; Statistics Bureau of Japan [18]; ONS UK [19]; INSEE [20]; NrCAN [21]; OECD [22]; Rosstat [23]; NBS China [24]; Economic Report of the President, 1982-2015 [25].