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This paper's aim is to examine the relationship between energy consumption by fuel end economic growth in a comparative analysis for Spain, Romania and European Union. Applying a methodology in three steps on data for the 1990–2010 period, long-run and short-run relationships are revealed. On...
Persistent link: https://www.econbiz.de/10010580695
, and carbon dioxide emissions (CO2), and the direction of causality among these variables in the case of a small island … Granger causality tests is that international tourism is a catalyst for energy consumption and for an increase in the level of …
Persistent link: https://www.econbiz.de/10011049289
In this paper, we attempt to derive and test the role of energy prices on economic growth. We first developed a two-sector endogenous growth model, based on J Polit Economy 1991; 99:500–521. We modified the model such that consumption goods sector uses energy as an input along with capital. The...
Persistent link: https://www.econbiz.de/10010785169
oil prices increase after the meeting. We examine the effects of it on Japanese economic activities, employing a Granger-causality …
Persistent link: https://www.econbiz.de/10010573628
This paper examines the renewable energy consumption–economic growth causality nexus in Turkey. Studies in the … is no agreement on the existence or the direction of causality between renewable energy consumption and economic growth …–Yamamoto causality tests show that there is a unidirectional causality running from economic growth to renewable energy consumption. …
Persistent link: https://www.econbiz.de/10010709374
variation in the direction of causality between renewable energy consumption and economic growth. This causal relationship takes … including model specification, data characteristics, estimation techniques (cointegration methods and causality tests), and …
Persistent link: https://www.econbiz.de/10011117033
The objective of this paper is to reinvestigate the relationship between natural gas consumption and economic growth by including foreign direct investment, capital and trade openness in Malaysia for the period of 1971–2012. The structural break unit root test is employed to investigate the...
Persistent link: https://www.econbiz.de/10011117106
, is over-dependent on these energy sources for electricity generation and other energy applications. This has currently … spite of the vast fossil based energy reserves, a meager electricity production capacity that is put at 4517.6MW as at …
Persistent link: https://www.econbiz.de/10010753405
In addition to providing a review of electricity generation developments in China, this paper features the development … of a framework for understanding the socio-political economy influencing electricity market development. It documents and … presents a critical evaluation of the social, technological, economic and political forces which influence electricity …
Persistent link: https://www.econbiz.de/10010753418
Thailand generates electricity from many sources, including natural gas, coal/lignite, fuel oil, diesel, and renewable …
Persistent link: https://www.econbiz.de/10010744062