Another Look at the Electricity Consumption-Growth Nexus in South America

被引：16
|
作者：
Apergis, N. [1 ]
Payne, J. E. [2 ]
机构：
[1] Univ Piraeus, Dept Banking & Financial Management, Athens, Greece
[2] Univ S Florida, Coll Business, Dept Finance, Tampa, FL 33620 USA
来源：
ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY | 2013年 / 8卷 / 02期
关键词：
electricity consumption; Grangercausality; growth; panel South America; ENERGY-CONSUMPTION; ECONOMIC-GROWTH; NONRENEWABLE ELECTRICITY; GDP;
D O I：
10.1080/15567249.2011.653474
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
This study estimates a panel error correction model to determine the Granger-causal relationship between renewable and non-renewable electricity consumption and economic growth for South America. The results show a long-run equilibrium relationship between real gross domestic product, renewable electricity consumption, non-renewable electricity consumption, real gross fixed capital formation, and the labor force with the respective long-run coefficient estimates positive and statistically significant. The Granger-causality results indicate bidirectional causality between renewable and non-renewable electricity consumption, respectively and economic growth in both the short-run and long-run.
引用
收藏
页码：171 / 178
页数：8
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