The renewable energy consumption-growth nexus in Central America

被引：399

作者：

Apergis, Nicholas ^{[2
]}

Payne, James E. ^{[1
]}

机构：

[1] Illinois State Univ, Dept Econ, Normal, IL 61790 USA

[2] Univ Piraeus, Dept Banking & Financial Management, Athens 18534, Greece

来源：

APPLIED ENERGY | 2011年 / 88卷 / 01期

关键词：

Renewable energy consumption; Growth; Panel unit root and cointegration tests; Granger-causality; Central America; Panel error correction model; UNIT-ROOT TESTS; PANEL-DATA; CAUSAL RELATIONSHIP; ERROR-CORRECTION; ECONOMIC-GROWTH; COINTEGRATION; INCOME; OUTPUT;

D O I：

10.1016/j.apenergy.2010.07.013

中图分类号：

TE [石油、天然气工业]; TK [能源与动力工程];

学科分类号：

0807 ; 0820 ;

摘要：

This study examines the relationship between renewable energy consumption and economic growth for a panel of six Central American countries over the period 1980-2006. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results from the panel error correction model indicate bidirectional causality between renewable energy consumption and economic growth in both the short- and long-run. (C) 2010 Elsevier Ltd. All rights reserved,

引用

页码：343 / 347

页数：5

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