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dc.contributor.authorApergis, Nicholas
dc.contributor.authorPayne, James
dc.date.accessioned2019-03-14T17:40:53Z
dc.date.available2019-03-14T17:40:53Z
dc.date.issued2011-11
dc.identifier.urihttp://hdl.handle.net/10545/623596
dc.description.abstractThis study extends recent work on the relationship between renewable and non-renewable energy consumption and economic growth to the case of developed and developing countries over the period 1990–2007. Heterogeneous panel cointegration procedures show a long-run equilibrium relationship between real GDP, renewable energy consumption, non-renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficient estimates positive and statistically significant for developed and developing country panels. The results from the panel error correction models reveal bidirectional causality between renewable and non-renewable energy consumption and economic growth in the short- and long-run for each country panel.en
dc.description.sponsorshipN/Aen
dc.language.isoenen
dc.publisherSpringeren
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectRenewable and non-renewable energy consumptionen
dc.subjectEconomic Growthen
dc.subjectPanel Granger-causalityen
dc.titleOn the causal dynamics between renewable and non-renewable energy consumption and economic growth in developed and developing countriesen
dc.typeArticleen
dc.contributor.departmentUniversity of Piraeusen
dc.contributor.departmentUniversity of South Florida Polytechnicen
dc.identifier.journalEnergy Systemsen


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