Biomass energy consumption and economic growth nexus in OECD countries: A panel analysis

被引：54

作者：

Ajmi, Ahdi Noomen ^{[1
]}

Inglesi-Lotz, Roula ^{[2
]}

机构：

[1] Prince Sattam bin Abdulaziz Univ, Coll Sci & Humanities Slayel, Dept Business Adm, Al Kharj, Saudi Arabia

[2] Univ Pretoria, Dept Econ, Pretoria, South Africa

来源：

RENEWABLE ENERGY | 2020年 / 162卷

关键词：

OECD; Biomass energy; Economic growth; Dynamic OLS; Fully modified OLS; TESTS; COINTEGRATION; REGRESSION; ARDL;

D O I：

10.1016/j.renene.2020.10.002

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

This paper investigates the relationship between biomass energy consumption and economic growth for 26 OECD countries for 1980 to 2013 period. This study used panel unit root analyses, panel cointegration analyses, dynamic OLS analyses, fully modified OLS analyses and panel VECM Granger causality to examine the relationship. The results reveal the presence of long-run equilibrium relationship between the variables supporting the feedback hypothesis. As policy implication, OECD countries have to improve the biomass energy infrastructure as an important source of renewable energy to promote economic growth. (C) 2020 Elsevier Ltd. All rights reserved.

引用

页码：1649 / 1654

页数：6

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