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  Citation Number 8
 Views 94
 Downloands 28
Impact of Energy Consumption on Economic Growth in Major OECD Economies (1977-2014): A Panel Data Approach
2017
Journal:  
International Journal of Energy Economics and Policy
Author:  
Abstract:

This paper is aimed at assessing the impact of energy use growth on economic growth in the major economies of the Organization for Economic Cooperation and Development (OECD) during the period 1977-2014. To do this, a Granger causality analysis among relevant variables is carried out and, subsequently, a panel data model is estimated with the Generalized Method of Moments (GMM). The main empirical finding is that real GDP per capita growth is positively affected by the growth rate of energy use per capita in the following studied economies: Germany, Australia, Austria, Belgium, Canada, Denmark, Spain, USA, Finland, France, Greece, Holland, Italy, Luxembourg, Norway, Portugal, Sweden, and New Zealand

Keywords:

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 2.578
Cite : 3.941
2023 Impact : 0.22
International Journal of Energy Economics and Policy