Showing 1 - 10 of 11
The rapidly growing literature on the relationship between energy consumption and economic growth has not univocally identified the "real" causal relationship yet. We argue that bivariate models, which analyze the causality at the level of the total economy, are not appropriate - especially in...
Persistent link: https://www.econbiz.de/10009012176
Die Bedeutung des Energiekonsums für das Wirtschaftswachstum ist zurück auf der Agenda. Erstmalig ist dessen Bedeutung nach der Ölpreiskrise in den 1970er Jahren in das Zentrum der Betrachtung gerückt. Zwei neue Entwicklungen haben das Interesse an der Thematik wieder aufleben lassen. Zum...
Persistent link: https://www.econbiz.de/10009775910
Persistent link: https://www.econbiz.de/10009618733
Persistent link: https://www.econbiz.de/10010354943
Persistent link: https://www.econbiz.de/10010428216
Drawing on the Kaya identity, we assess the role of the main driver of the decline in carbon intensity, namely the (economic) energy intensity. Using meta-significance testing for a sample of 44 studies, dealing with the causality between energy and GDP, we find that both variables are strongly...
Persistent link: https://www.econbiz.de/10009552215
Time series of electricity, petroleum products, and renewables are found to be highly correlated with total energy consumption. Applying this insight to the huge literature on energy-GDP causality explains that the results of energy-GDP causality tests frequently coincide with the results of...
Persistent link: https://www.econbiz.de/10014153365
We carry out a meta-analysis of the very large literature on testing for Granger causality between energy use and economic output to determine if there is a genuine effect in this literature or whether the large number of apparently significant results is due to publication or misspecification...
Persistent link: https://www.econbiz.de/10014153366
We carry out a meta-analysis of the very large literature on Granger causality tests between energy use and economic output to determine if there is a genuine effect in this literature or whether the large number of apparently significant results is due to publication and misspecification bias....
Persistent link: https://www.econbiz.de/10014159943
Persistent link: https://www.econbiz.de/10010193240