... growth of one or more countries, we must examine the relationship between energy demand and economic growth. It is true that energy consumption is and was necessary component of the industry, and we know that there is a positive relationship between income growth and growth in energy consumption. Consider now, how a commercial or industrial firm should react, when the income increased. Let assume that the company tries to increase a lot its profitability and will to invest new income toward to increase in future output. This movement could involve decreasing and not increasing in future output. In this situation where the producer try to increase output, he may invest low-energy-intensity labour or capital, for example grow the number of the workers or buy low-energy-use capital, like computer, to make faster the production process. On the other hand if we a have a firm with a few substitution opportunities, ...

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