The growth of income and energy consumption in six developing countries
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Dosyalar
Tarih
2007
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier Sci Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This paper reexamines the inter-temporal link between energy consumption and income in six developing countries with diverse economic backgrounds and energy statistics, in a production function framework. We employ the generalized variance decompositions and generalized impulse response techniques to see if the growth of income and energy consumption contains considerable information to predict each other. In all countries, energy appears as an essential factor of production. Results indicate that energy may be a relatively more important input than labor and/or capital in some countries. Hence, neutrality of energy does not seem to hold. (c) 2006 Elsevier Ltd. All rights reserved.
Açıklama
Anahtar Kelimeler
Energy consumption, Economic growth, Variance decomposition analyses
Kaynak
Energy Policy
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
35
Sayı
2