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  • 标题:Energy Consumption and Economic Growth Nexus: Evidence from Developed Countries in Europe
  • 本地全文:下载
  • 作者:Okyay UCAN ; Ebru ARICIOGLU ; Fatih YUCEL
  • 期刊名称:International Journal of Energy Economics and Policy
  • 电子版ISSN:2146-4553
  • 出版年度:2014
  • 卷号:4
  • 期号:3
  • 页码:411-419
  • 语种:English
  • 出版社:EconJournals
  • 摘要:This paper analyzes the relationship between renewable and non-renewable energy consumption and economic growth for a panel of fifteen European Union countries over the period 1990-2011 within a multivariate framework. The heterogeneous panel cointegration tests present a long-run equilibrium relationship between real GDP, renewable and non-renewable energy consumption, greenhouse gas emissions and research and development. The Granger-causality results demonstrate unidirectional causality between non-renewable energy consumption and economic growth. Keywords: renewable energy consumption; non-renewable energy consumption; growth JEL Classifications: C23; O11; O13
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