期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2021
卷号:11
期号:3
页码:563-570
DOI:10.32479/ijeep.6375
出版社:EconJournals
其他摘要:This paper applied the ARDL bounds test approach and the VECM test technique to examine the long run relationship and direction of causality between renewable energy consumption and economic growth in Argentina. Quarterly time series data was employed in this study covering a period between 1990 and 2018. Trade openness, capital and employment were included in the study to form a multivariate framework. The results established that there is a long run relationship between the variables. The VECM test technique confirmed a unidirectional causality flowing from economic growth to renewable energy consumption. This implies that energy conservation policies may not harm the economic growth. The study, therefore, suggest that an appropriate and effective energy policy should be implemented in the long run.
其他关键词:Renewable energy consumption; Economic growth; Causality; Argentina