Does Energy Efficiency Promote Economic Growth? : Evidence from a Multicountry and Multisectoral Panel Dataset

Does Energy Efficiency Promote Economic Growth? : Evidence from a Multicountry and Multisectoral Panel Dataset

We examine the causal relationship between energy efficiency and economic growth based on panel data for 56 high- and middle-income economies from 1978 to 2012. Using a panel vector autoregression approach, we find evidence of a long-run Granger causality from economic growth to lower energy intensi...

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Bibliographic Details
Main Authors: Rajbhandari, Ashish, Zhang, Fan
Format: Journal Article
Published: Elsevier 2018
Subjects:
ENERGY EFFICIENCY
ECONOMIC GROWTH
GRANGER CAUSALITY
GROWTH DIVIDEND
CLIMATE IMPACT
ENERGY INTENSITY
PANEL COINTEGRATION
VECTOR AUTOREGRESSION
Online Access:http://hdl.handle.net/10986/29295

Internet

http://hdl.handle.net/10986/29295

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