Showing 1 - 10 of 29
The aim of this article was to assess the empirical evidence of the nexus between GDP and energy consumption for Italy … short-run dynamics of the variables show that the flow of causality runs from energy use to GDP, and there is a long …-run bidirectional causal relationship (or feedback effect) between the two series. Consequently, we conclude that energy is a limiting …
Persistent link: https://www.econbiz.de/10011151700
The aim of this article is to assess the empirical evidence of the nexus between aggregate income and energy … two variables. The short-run dynamics of the variables show that the flow of causality runs from energy use to GDP, and … conclude that energy is a limiting factor to GDP growth in Italy. …
Persistent link: https://www.econbiz.de/10008833269
This study examines the renewable energy consumption-economic growth nexus in Italy over the period 1970–2007. Results … energy consumption increases by 1%, real gross domestic product (GDP) decreases by 0.23%. The Toda and Yamamoto approach … shows that exists a unidirectional causal flow, running from renewable energy consumption to aggregate income, in line with …
Persistent link: https://www.econbiz.de/10012931280
PurposeThis study aims to explore the relationship among energy consumption, real income, financial development and oil …% significance level. Moreover, an increase in real GDP and oil prices has a significant effect on energy consumption in the long run … Granger causality tests, within both multivariate and bivariate systems. The findings indicate that energy consumption is …
Persistent link: https://www.econbiz.de/10012931281
The aim of this paper is to analyze the relationship among economic growth, carbon dioxide emissions, and energy use … findings illustrate that no causal relationship emerges between real GDP and energy use. Thus, our empirical evidence is in … relationship between GDP and energy is found …
Persistent link: https://www.econbiz.de/10012931282
energy consumption. However, higher energy consumption from fossil fuel has its environmental implication(s) especially in a …, foreign direct investment, energy consumption, tourism arrival, and economic growth for quarterly frequency data from 1995Q1 … China with the curtailing strength from the GDP. The Granger causality analysis detects that CO2 emissions and energy …
Persistent link: https://www.econbiz.de/10012831626
This study examines the relationship between CO2 emissions, energy consumption and economic growth in Italy over the … autoregressive framework. Our empirical results show that CO2 emissions, energy consumption and economic growth are not cointegrated … growth, as well as between CO2 emissions and energy consumption. Forecast error variance decompositions evidence that the …
Persistent link: https://www.econbiz.de/10012972770
The article explores the nexus between carbon dioxide emissions, economic growth, and energy use for 10 Middle East … coefficients and impulse responses. CO2 emissions seem to be driven both by its own past values and by energy use. For the other … four non-GCC countries, the result of our particular interest is the response of real GDP: neither CO2 emissions nor energy …
Persistent link: https://www.econbiz.de/10012977882
The paper analyses the relationship among real gross domestic product (GDP), CO2 emissions and energy use in South … implication of the study is that a common energy policy strategy would not be pursued by these countries, given the different …
Persistent link: https://www.econbiz.de/10012980502
The paper aims to study the relationship between energy use and GDP in the period 1971-2007 for Israel with a time … causality flow runs from aggregate income to energy use. The IRFs analysis evidences that a shock to the energy use affects GDP … for one period, but dies out very quickly. While shocks to GDP create a smaller but significant response in the energy use …
Persistent link: https://www.econbiz.de/10013010353