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dc.contributor.authorApergis, Nicholas
dc.contributor.authorPayne, J.
dc.date.accessioned2017-01-30T13:29:41Z
dc.date.available2017-01-30T13:29:41Z
dc.date.created2014-04-06T20:00:37Z
dc.date.issued2010
dc.date.submitted2014-05-16
dc.identifier.citationApergis, Nicholas and Payne, James E. 2010. Renewable Energy Consumption and Growth in Eurasia. Energy Economics. 32 (6): pp. 1392-1397.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/32199
dc.identifier.doi10.1016/j.eneco.2010.06.001
dc.description.abstract

This study examines the causal relationship between renewable energy consumption and economic growth for 13 countries within Eurasia over the period 1992–2007 within a multivariate panel data framework. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship exists between real GDP, renewable energy consumption, real gross fixed capital formation, and labor force. The results from the error correction models indicate bidirectional causality between renewable energy consumption and economic growth in both the short-run and long-run. Thus, the empirical findings lend support for the feedback hypothesis of the interdependent relationship between renewable energy consumption and economic growth.

dc.publisherElsevier
dc.subjectPanel unit root and cointegration tests
dc.subjectGrowth
dc.subjectRenewable energy consumption
dc.subjectGranger-causality
dc.titleRenewable Energy Consumption and Growth in Eurasia
dc.typeJournal Article
dcterms.dateSubmitted2014-04-07
dcterms.source.volume32
dcterms.source.startPage1392
dcterms.source.endPage1397
dcterms.source.issn0140-9883
dcterms.source.titleEnergy Economics
curtin.digitool.pid198049
curtin.pubStatusPublished
curtin.department
curtin.identifier.scriptidPUB-CBS-SEF-MRW-80735
curtin.accessStatusFulltext not available


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