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Environmental Kuznets Curve (EKC) hypothesis. The causality results indicate that there exists strong bidirectional causality … between emissions and FDI and unidirectional strong causality running from output to FDI. The evidence seems to support the … output-energy consumption bidirectional causality, while there is unidirectional strong causality running from energy …
Persistent link: https://www.econbiz.de/10010807796
Since the late 1970s, developed countries have realized that their material prosperity, based on intensive use of natural resources was threatened by the energy crises (oil shocks of 1973 and 1979). This awareness was the trigger of many empirical researches that studied the relationship...
Persistent link: https://www.econbiz.de/10011053188
, one when energy consumption and the other when carbon emissions are used as dependent variables. The Granger causality … tests suggest presence of long-run bidirectional causality running from energy consumption to carbon emission and vice …-versa and a unidirectional causality running from economic growth to both carbon emissions and energy consumption. These …
Persistent link: https://www.econbiz.de/10011190911
Encouraging consumers to use less electricity through information is essential for sustainable use of energy and demand … related behavior. The households have been provided with a web-site enabling them to check their daily electricity consumption … compared to previous months/years and even get advice and tips on how to reduce electricity consumption. The results show clear …
Persistent link: https://www.econbiz.de/10010811152
This study examines the Granger causality among crude oil consumption, crude oil price, dollar exchange rate and … oil consumption, crude oil price and GDP (gross domestic product); and panel Granger causality test results provided … empirical evidence of causality relationships running from crude oil price to crude oil consumption and also to GDP; and a …
Persistent link: https://www.econbiz.de/10010808364
In this study we examine the cointegration and the Granger causality relationships among crude oil consumption and … panel of six Central American countries, and a panel of eight South American countries. The long-run causality results …, however in Central America there is a unidirectional causality relationship from crude oil consumption to economic growth …
Persistent link: https://www.econbiz.de/10010809011
This paper re-examines the causal relationship between energy use and Gross Domestic Product (GDP) in the United States for the period 1960–2005. To that end, we use Markov-switching vector autoregressive (MS-VAR) models, rather than vector autoregressive (VAR) models, which allows for regime...
Persistent link: https://www.econbiz.de/10010809818
The present study examined unit roots, causality, cointegration, and efficiency of the natural gas market using the …
Persistent link: https://www.econbiz.de/10010810039
To cope with the increasing electricity demand and to overcome the supply shortage of electricity, it is imminent that … investments be made on the electricity generation sector on a large scale in Indonesia. This paper attempts to investigate the … causal relationship between electricity generation and economic growth in Indonesia, using time-series techniques for the …
Persistent link: https://www.econbiz.de/10010810132
. We find that unidirectional causality runs from either energy measure to GDP. We attribute the causation to both short … causality running from GDP to either energy measure. We infer that output growth does not drive increased energy consumption and …
Persistent link: https://www.econbiz.de/10010810252