@article{Toman:10685,
      recid = {10685},
      author = {Toman, Michael and Jemelkova, Barbora},
      title = {Energy and Economic Development: An Assessment of the  State of Knowledge},
      address = {2003},
      number = {1318-2016-103469},
      series = {Discussion Paper 03-13},
      pages = {26},
      year = {2003},
      abstract = {Energy development is an integral part of enhanced  economic development. The fact that expanded provision and  use of energy services is strongly associated with economic  development leaves open how important energy is as a causal  factor in economic development, however; and energy  development competes with other opportunities for scarce  capital and opportunities for policy and institutional  reform. In this paper we first give a brief  conceptual
discussion that seeks to identify the channels  through which increased availability of energy services  might be a key to stimulating economic development along  different stages of the development process. We then  examine some empirical work to see what evidence it might  provide regarding possible channels of influence. The  evidence underscores the importance of energy development  in concert with other forms of development. More work is  needed to better understand the magnitude of energy's  importance for economic development.},
      url = {http://ageconsearch.umn.edu/record/10685},
      doi = {https://doi.org/10.22004/ag.econ.10685},
}