On the dynamics of energy consumption and output in the US

This note employs US annual data from 1949 to 2006 to compare the causal relationship between renewable and non-renewable energy consumption and real GDP, respectively. Given the sample size of the study, the Toda-Yamamoto causality tests reveal the absence of Granger-causality between renewable or non-renewable energy consumption and real GDP which supports the neutrality hypothesis.

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Year of publication:	2009
Authors:	Payne, James E.
Published in:	Applied Energy. - Elsevier, ISSN 0306-2619. - Vol. 86.2009, 4, p. 575-577
Publisher:	Elsevier
Keywords:	Renewable Non-renewable Energy Real GDP Granger-causality

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008918791