协整
经济
固定资本形成总额
格兰杰因果关系
面板数据
计量经济学
因果关系(物理学)
消费(社会学)
可再生能源
能源消耗
实际国内生产总值
误差修正模型
宏观经济学
单位根
国内生产总值
工程类
物理
电气工程
社会学
量子力学
社会科学
作者
Nicholas Apergis,James E. Payne
出处
期刊:Energy Policy
[Elsevier]
日期:2010-01-01
卷期号:38 (1): 656-660
被引量:1059
标识
DOI:10.1016/j.enpol.2009.09.002
摘要
This study examines the relationship between renewable energy consumption and economic growth for a panel of twenty OECD countries over the period 1985–2005 within a multivariate framework. Given the relatively short span of the time series data, a panel cointegration and error correction model is employed to infer the causal relationship. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The Granger-causality results indicate bidirectional causality between renewable energy consumption and economic growth in both the short- and long-run.
科研通智能强力驱动
Strongly Powered by AbleSci AI