Energy consumption and economic growth nexus: Evidence from developed countries in Europe
Küçük Resim Yok
Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Econjournals
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This paper analyzes the relationship between renewable and non-renewable energy consumption and economic growth for a panel of fifteen European Union countries over the period 1990-2011 within a multivariate framework. The heterogeneous panel cointegration tests present a long-run equilibrium relationship between real GDP, renewable and non-renewable energy consumption, greenhouse gas emissions and research and development. The Granger-causality results demonstrate unidirectional causality between non-renewable energy consumption and economic growth.
Açıklama
Anahtar Kelimeler
Growth, Non-renewable energy consumption, Renewable energy consumption
Kaynak
International Journal of Energy Economics and Policy
WoS Q Değeri
Scopus Q Değeri
Q2
Cilt
4
Sayı
3
