Causality between energy consumption and GDP in the U.S.: evidence from wavelet analysis
Tóm tắt
Từ khóa
Tài liệu tham khảo
Jumbe C B L. Cointegration and causality between electricity consumption and GDP: empirical evidence from Malawi. Energy Economics, 2004, 26(1): 61–68
Squalli J. Electricity consumption and economic growth: bounds and causality analyses of OPEC members. Energy Economics, 2007, 29(6): 1192–1205
Payne J E. Survey of the international evidence on the causal relationship between energy consumption and growth. Journal of Economic Studies, 2010, 37(1): 53–95
Ramsey J B, Lampart C. The decomposition of economic relatonships by time scale using wavelets: expenditure and income. Studies in Nonlinear Dynamics and Econometrics, 1998, 3(1): 23–42
Ramsey J B, Lampart C. Decomposition of economic relationships by timescale using wavelets. Macroeconomic Dynamics, 1998b, 2(1): 49–71
Almasri A, Shukur G. An illustration of the causality relation between government spending and revenue using wavelet analysis on Finnish data. Journal of Applied Statistics, 2003, 30(5): 571–584
Kraft J, Kraft A. On the relationship between energy and GNP. Journal of the Energy Development, 1978, 3(2): 401–403
Bowden N, Payne J E. The causal relationship between U.S. energy consumption and real output: a disaggregated analysis. Journal of Policy Modeling, 2009, 31(2): 180–188
Payne J E. A survey of the electricity consumption-growth literature. Applied Energy, 2010, 87(3): 723–731
Payne J E, Taylor J P. Nuclear energy consumption and economic growth in the U.S.: an empirical note. Energy Sources Part B: Economics, Planning, and Policy, 2010, 5(3): 301–307
Bowden J, Payne J E. Sectoral analysis of the causal relationship between renewable and non-renewable energy consumption and real output in the U.S. Energy Sources, Part B. Economics, Planning, and Policy, 2010, 5(4): 400–408
Payne J E. On biomass energy consumption and real output in the U.S. Energy Sources, Part B. Economics, Planning, and Policy, 2011, 6(1): 47–52
Payne J E U S. disaggregate fossil fuel consumption and real GDP: an empirical note. Energy Sources Part B: Economics, Planning, and Policy, 2011, 6(1): 63–68
Ang J B. CO2 emissions, energy consumption, and output in France. Energy Policy, 2007, 35(10): 4772–4778
Apergis N, Payne J. Energy consumption and economic growth in Central America: evidence from a panel cointegration and error correction model. Energy Economics, 2009, 31(2): 211–216
Apergis N, Payne J. Renewable energy consumption and economic growth: evidence from a panel of OECD countries. Energy Policy, 2010, 38(1): 656–660
Apergis N, Payne J. Coal consumption and economic growth: evidence from a panel of OECD countries. Energy Policy, 2010, 38(3): 1353–1359
Apergis N, Payne J. The causal dynamics between coal consumption and growth: evidence from emerging market economies. Applied Energy, 2010, 87(6): 1972–1977
Mishra V, Smyth R, Sharma S. The energy-GDP nexus: evidence from a panel of Pacific Island countries. Resource and Energy Economics, 2009, 31(3): 210–220
Cheng B S, Lai T W. An investigation of co-integration and causality between energy consumption and economic activity in Taiwan. Energy Economics, 1997, 19(4): 435–444
Karanfil F. How many times again will we examine the energy-income nexus using a limited range of traditional econometric tools? Energy Policy, 2009, 37(4): 1191–1194
Payne J E. On the dynamics of energy consumption and output in the U.S. Applied Energy, 2009, 86(4): 575–577
Zhang X, Cheng X. Energy consumption, carbon emissions and economic growth in China. Ecological Economics, 2009, 68(10): 2706–2712
Yuan C, Liu S, Xie N. The impact of Chinese economic growth and energy consumption of the global financial crisis: an input-output analysis. Energy, 2010, 35(4): 1805–1812
Pradhan R P. Energy consumption-growth nexus in SAARC countries: using a cointegration and error correction model. Modern Applied Science, 2010, 4(4): 74–90
Hatemi-J A, Irandoust M. Energy consumption and economic growth in Sweden: a leveraged bootstrap approach, 1965–2000. International Journal of Applied Econometrics and Quantitative Studies, 2005, 2(4): 87–98
Paul S, Bhattacharya R B. Causality between energy consumption and economic growth in India: a note on conflicting results. Energy Economics, 2004, 26(6): 977–983
Belloumi M. Energy consumption and GDP in Tunisia: cointegration and causality analysis. Energy Policy, 2009, 37(7): 2745–2753
Lütkepohl H. Non-causality due to omitted variables. Journal of Econometrics, 1982, 19(2–3): 367–378
Masih A M M, Masih R. On the temporal causal relationship between energy consumption, real income, and prices: some new evidence from Asian-energy dependent NICs based on a multivariate cointegration/vector error-correction approach. Journal of Policy Modeling, 1997, 19(4): 417–440
Masih A M M, Masih R. A multivariate cointegrated modelling approach in testing temporal causality between energy consumption, real income and prices with an application to two Asian LDCs. Applied Economics, 1998, 30(10): 1287–1298
Narayan P K, Prasad A. Electricity consumption-real GDP causality nexus: evidence from a bootstrapped causality test for 30 OECD countries. Energy Policy, 2008, 36(2): 910–918
Chontanawat J, Hunt L C, Pierse R. Does energy consumption cause economic growth? Evidence from a systematic study of over 100 countries. Journal of Policy Modeling, 2008, 30(2): 209–240
Huang B N, Hwang M J, Yang C W. Causal relationship between energy consumption and GDP growth revisited: a dynamic panel data approach. Ecological Economics, 2008, 67(1): 41–54
Lee C C. Energy consumption and GDP in developing countries: a cointegrated panel analysis. Energy Economics, 2005, 27(3): 415–427
Menegaki A N. Growth and renewable energy in Europe: a random effect model with evidence for neutrality hypothesis. Energy Economics, 2011, 33(2): 257–263
Ozturk I, Acaravci A. The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: evidence from the ADRL bound testing approach. Applied Energy, 2010, 87(6): 1938–1943
Ozturk I, Aslan A, Kalyoncu H. Energy consumption and economic growth relationship: evidence from panel data for low and middle income countries. Energy Policy, 2010, 38(8): 4422–4428
Chontanawat J, Hunt L C, Pierse R. Does energy consumption cause economic growth? Evidence from a systematic study of over 100 countries. Journal of Policy Modeling, 2008, 30(2): 209–220
Tsani S Z. Energy consumption and economic growth: a causality analysis for Greece. Energy Economics, 2010, 32(3): 582–590
Stern D I. Energy and economic growth in the USA: a multivariate approach. Energy Economics, 1993, 15(2): 137–150
Cleveland C J, Kaufmann R K, Stern D I. Aggregation and the role of energy in the economy. Ecological Economics, 2000, 32(2): 301–317
Crowley J K, Schoene B, Bowring S A. U-Pb dating of zircon in the Bishop Tuff at the millennial scale. Geology, 2007, 35(12): 1123–1126
Dickey D A, Fuller W A. Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 1979, 74(366): 427–431
Said E, Dickey D A. Testing for unit roots in autoregressive moving average models of unknown order. Biometrika, 1984, 71(3): 599–607
Kwiatkowski D, Phillips P C B, Schmidt P, Shin Y. Testing the null hypothesis of stationarity against the alternative of a unit root. Journal of Econometrics, 1992, 54(1–3): 159–178
Bhattacharyya S C. Energy Economics, Concepts, Issues, Markets and Governance. London: Springer, 2011
Annual Energy Review E I A. 2011, U.S. Energy Information Administration. 2013-03-03, http://www.eia.gov/totalenergy/data/annual/pdf/aer.pdf
