Energy consumption and GDP: causality relationship in G-7 countries and emerging markets
Yükleniyor...
Dosyalar
Tarih
2003
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier Science Bv
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The causality relationship between energy consumption and income is a well-studied topic in energy economics. This paper studies the time series properties of energy consumption and GDP and reexamines the causality relationship between the two series in the top 10 emerging markets-excluding China due to lack of data-and G-7 countries. We discover bi-directional causality in Argentina, causality running from GDP to energy consumption in Italy and Korea, and from energy consumption to GDP in Turkey, France, Germany and Japan. Hence, energy conservation may harm economic growth in the last four countries.
Açıklama
Anahtar Kelimeler
Energy Consumption, Economic Growth, Cointegration, Vector Error Correction
Kaynak
Energy Economics
WoS Q Değeri
Q3
Scopus Q Değeri
Q1
Cilt
25
Sayı
1
