Case study – Energy Resilience and Vulnerability in the EU and Other Global Regions

This case study examines the resilience of the EU economy to energy supply shocks and provides comparisons with six other global regions. Trends in the EU and other global regions are reviewed for key indicators that measure aspects of resilience to energy supply shocks. The case study then proceeds to present the results of new econometric analysis of the degree of substitutability between energy and other production factors across EU sectors.