Our paper is an empirical study on the comparison between the conventional energy-growth nexus and the energy-ISEW (Index for Sustainable Economic Welfare) growth nexus. We use a sample of American countries in a multivariate panel framework for a data span from 1990 to 2013, with variables such as labor, capital, carbon emissions, energy use, renewable energy, rents and trade. Results from this paper are critical for governments and institutional investors who are nowadays concerned with sustainable economic growth and welfare and not only the short-sighted GDP growth. An additional contribution of this paper is the calculation of the ISEW index for American countries, based on data availability. (C) 2016 Elsevier Ltd. All rights reserved.
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Jeonbuk Natl Univ, Dept Int Trade, 567 Baekje Daero, Jeonju Si 54896, Jeonrabug Do, South KoreaJeonbuk Natl Univ, Dept Int Trade, 567 Baekje Daero, Jeonju Si 54896, Jeonrabug Do, South Korea
Sobirov, Yuldoshboy
Khodjaniyozov, Elbek
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Urgench State Univ, Dept Management & Mkt, Urgench, UzbekistanJeonbuk Natl Univ, Dept Int Trade, 567 Baekje Daero, Jeonju Si 54896, Jeonrabug Do, South Korea
Khodjaniyozov, Elbek
Fayzullayev, Nodirbek
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Tashkent State Univ Econ, Dept Mkt, Tashkent, UzbekistanJeonbuk Natl Univ, Dept Int Trade, 567 Baekje Daero, Jeonju Si 54896, Jeonrabug Do, South Korea
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North China Elect Power Univ, Sch Econom & Management, Beijing, Peoples R ChinaNorth China Elect Power Univ, Sch Econom & Management, Beijing, Peoples R China
Azam, Anam
Rafiq, Muhammad
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Univ Engn & Technol, Dept Elect Engn, Taxila, PakistanNorth China Elect Power Univ, Sch Econom & Management, Beijing, Peoples R China
Rafiq, Muhammad
Shafique, Muhammad
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City Univ Hong Kong, Dept Architecture & Civil Engn, Kowloon Tong, Hong Kong, Peoples R ChinaNorth China Elect Power Univ, Sch Econom & Management, Beijing, Peoples R China
Shafique, Muhammad
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Yuan, Jiahai
Salem, Sultan
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Univ Birmingham, Birmingham Business Sch, Dept Econom, Birmingham, W Midlands, EnglandNorth China Elect Power Univ, Sch Econom & Management, Beijing, Peoples R China