Relationship between biomass energy and economic growth in transition countries: panel ARDL approach

被引：76
|
作者：
Bildirici, Melike E. [1 ]
机构：
[1] Yildiz Tech Univ, Dept Econ, TR-34349 Istanbul, Turkey
来源：
GLOBAL CHANGE BIOLOGY BIOENERGY | 2014年 / 6卷 / 06期
关键词：
biomass energy; economic growth; granger causality; panel ARDL; pedroni co-integration; RENEWABLE ENERGY; ELECTRICITY CONSUMPTION; COINTEGRATION; TESTS; NEXUS; GNP;
D O I：
10.1111/gcbb.12092
中图分类号：
S3 [农学（农艺学）];
学科分类号：
0901 ;
摘要：
In this study, we have investigated the co-integration and causality relationship between the biomass energy consumption and economic growth in the transition countries by the Panel Auto Regressive Distributed Lag (ARDL) method and Pedroni co-integration analysis for 1990-2011. Analysed countries are gathered under two groups. For Groups 1 and 2, Pedroni panel co-integration test and ARDL bound test results show that biomass energy consumption and economic growth are co-integrated. Fully modified ordinary least squares results suggested that biomass energy consumption has positive effect on the economic growth.
引用
收藏
页码：717 / 726
页数：10
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