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The rapidly growing literature on the relationship between energy consumption and economic growth has not univocally identified the "real" causal relationship yet. We argue that bivariate models, which analyze the causality at the level of the total economy, are not appropriate - especially in...
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Obtaining reliable data on capital is a recurring challenge when estimating economy-wide productivity growth, especially for developing countries. In this paper I construct energy-based productivity series which use energy consumption instead of capital when making such estimates. I first show...
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Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...
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impacts on GDP, export and employment on the case of Macedonian economy have been estimated, taking into account for their … performances of the Macedonian economy. On the other hand, the FDI impact over employment is negative mainly due to the low level …
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