The growth of income and energy consumption in six developing countries

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Küçük Resim

Tarih

2007

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

Künye