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This paper uses the panel data of energy consumption, electricity, oil and economic activity for 20 countries from 1990 to 2010. The empirical results of this study are as follows: there is a long relationship between energy consumption and economic activity. The panel causality test results...
Persistent link: https://www.econbiz.de/10010795445
It is expected that crude oil production in China will maintain its current level until 2020. Driven by higher living standards and the rapid development of energy intensive industries, China's oil demand will increase rapidly and might lead to heavier import dependency. Three cases of demand...
Persistent link: https://www.econbiz.de/10010669877
China’s growing demand for oil is significantly changing the international geopolitics of energy, especially in the Asian Pacific region. The recent growth in oil consumption, combined with forecasts of increased oil imports (especially from the Middle East), have led to deep concern among...
Persistent link: https://www.econbiz.de/10005118931
This paper explores the bi-directional long-run relationship between energy consumption in the road transport sector with CO2 emissions and economic growth in OECD countries. Using time series data from 1960 to 2008 and employing the Fully Modified Ordinary Least Squares cointegration approach,...
Persistent link: https://www.econbiz.de/10010810109
The study analyzed dynamics of the relationship between tourism, energy consumption, and climate change for 25 OECD countries during 1995-2005. For the analysis, Panel VAR (PVAR) model was used. Results of panel unit root-tests show that tourism is nonstationary in the level form but stationary...
Persistent link: https://www.econbiz.de/10010674830
Demographic variables have tended to be ignored in many environment-development analyses. This paper examines how population changes (in aging, households, and urbanization/density) can help explain changes/differences in personal transport using both macro- and micro- level data. First, panel...
Persistent link: https://www.econbiz.de/10005818267
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