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This paper analyses China's energy consumption and economic growth spillover effects on four world regions: (i) America (North and South); (ii) Europe and Central Asia; (iii) Asia Pacific; and (iv) Africa and the Middle East. An annual aggregated time series by world region, from 1970 to 2016, and...
Persistent link: https://www.econbiz.de/10012021584
In this era of intensive electricity utilization for economic development, the role of urbanization remains inconclusive, especially in developing economies. Here, this study examined the electricity consumption and economic growth nexus in a trivariate framework by incorporating urbanization as...
Persistent link: https://www.econbiz.de/10012171561
This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan …
Persistent link: https://www.econbiz.de/10009656496
relationship with volatility spillovers on a timescale. The empirical findings have different implications for short-run GDP …
Persistent link: https://www.econbiz.de/10014513073
energy consumption increases by 1%, real gross domestic product (GDP) decreases by 0.23%. The Toda and Yamamoto approach … decomposition evidence that the forecast errors in real GDP are mainly due to uncertainty in GDP itself and renewable energy …
Persistent link: https://www.econbiz.de/10012931280
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
errors in real per capita GDP are mainly due to uncertainty in GDP itself, while the errors in predicting the energy …
Persistent link: https://www.econbiz.de/10012972770
The paper analyses the relationship among real gross domestic product (GDP), CO2 emissions and energy use in South …
Persistent link: https://www.econbiz.de/10012980502
long run relationships going from real GDP towards heating oil and electricity consumption. The relationship between … heating oil and GDP is in fact bi-directional, although weaker from heating oil towards GDP. When investigating the period … 1970-2010 only, the estimate of the long run elasticity of GDP with respect to electricity loses its statistical …
Persistent link: https://www.econbiz.de/10013008604
Despite a bourgeoning literature on the existence of a long-run relationship between energy consumption and economic growth, the findings have failed to establish clearly the direction of causation. A growing economy needs more energy, which is exacerbated by growing population. Evidence...
Persistent link: https://www.econbiz.de/10012959944