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  • 标题:The Role of Economic Policy Uncertainty in Renewable Energy-Growth Nexus: Evidence From the Rossi-Wang Causality Test
  • 本地全文:下载
  • 作者:Zhou Lu ; Linchuang Zhu ; Chi Keung Marco Lau
  • 期刊名称:Frontiers in Energy Research
  • 电子版ISSN:2296-598X
  • 出版年度:2021
  • 卷号:9
  • DOI:10.3389/fenrg.2021.750652
  • 语种:English
  • 出版社:Frontiers Media S.A.
  • 摘要:This paper examines the causal relationship between renewable energy consumption and economic growth in four countries: Brazil, Germany, Japan, and the United States. Unlike previous papers, we control economic policy uncertainty’s effects to capture the role of capabilities on the renewable energy-growth nexus. The recent Vector Autoregression (VAR)-based Granger-causality test of Rossi-Wang shows a bidirectional causal relationship between renewable energy and the economic growth in Brazil and Germany. There is also a significant causality from renewables to economic growth in the United States.
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