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inputs capital and labour. We also find some evidence of bidirectional causality between GDP and energy use. Although the … evidence of causality from energy use to GDP was relatively weak when using the thermal aggregate of energy use, once energy … consumption was adjusted for energy quality, we found strong evidence of Granger causality from energy use to GDP in Australia …
Persistent link: https://www.econbiz.de/10010588000
empirical evidence on the relationship between energy consumption and GDP in Colombia during the period 1970 to 2009. The … consumption to GDP). In the long-term, however, we find evidence of a feedback mechanism between both variables. Yet, this paper …
Persistent link: https://www.econbiz.de/10010827970
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/10008805450
growth and energy consumption in the Next 11 countries. Estimating a trivariate model consisting of GDP per capita, energy …
Persistent link: https://www.econbiz.de/10011100093
In this paper, we analyze symmetric and asymmetric causal relationship between energy consumption and economic growth in time and frequency domains, using annual data covering the period of 1965-2012. In general, our results tend to suggest that energy consumption causes growth, especially the...
Persistent link: https://www.econbiz.de/10011106158
trade to GDP ratio results an increase in per capita carbon emissions and financial development variable has no significant …
Persistent link: https://www.econbiz.de/10011039670
We estimate the elasticity of the long-run relationship between energy consumption and GDP for 10 countries in Latin …
Persistent link: https://www.econbiz.de/10011082578
The aim of this paper is to examine the direction of causality between real GDP on the one hand and final energy and … bootstrap tests show that for total energy consumption, there exists no causal relationship in either direction with GDP of … consumption to GDP. This clearly has important implications for the Indian economy. The most important implication is that curbing …
Persistent link: https://www.econbiz.de/10010701190
This paper examines the long-run equilibrium and the existence and direction of a causal relationship between carbon emissions, financial development, economic growth, energy consumption and trade openness for India in a multivariate framework. The results suggest that there is strong evidence...
Persistent link: https://www.econbiz.de/10010634976
. The trends of energy efficiency, GDP per capita and GHG emission are shown for the observed countries. The European and … targets. In order to see the relationship between energy efficiency, GDP per capita and GHG emission, the correlation among … correlation between energy efficiency and GDP and GHG emission in both EU27 and Serbia. …
Persistent link: https://www.econbiz.de/10012522855