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...
Main Authors: | Rajbhandari, Ashish, Zhang, Fan |
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Format: | Journal Article |
Published: |
Elsevier
2018
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/29295 |
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