Coal consumption and economic growth in Taiwan

被引:57
|
作者
Yang, HY [1 ]
机构
[1] Shih Hsin Univ, Dept Econ, Taipei 116, Taiwan
来源
ENERGY SOURCES | 2000年 / 22卷 / 02期
关键词
coal conservation; coal consumption; co-integration; economic growth; Granger causality; neutrality hypothesis;
D O I
10.1080/00908310050014081
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
The purpose of this paper is to examine the causality issue between coal consumption and economic growth for Taiwan. The co-integration and Granger's causality test are applied to investigate the relationship between the two economic series. Results of the co-integration and Granger's causality test based on 1954-1997 Taiwan data show a unidirectional causality from economic growth to coal consumption with no feedback effects. Our major finding supports the neutrality hypothesis of coal consumption with respect to economic growth. Further, the finding has practical policy implications for decision makers in the area of macroeconomic planning, as coal conservation is a feasible policy with no damaging repercussions on economic growth.
引用
收藏
页码:109 / 115
页数:7
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