메뉴 건너뛰기




Volumn , Issue , 2008, Pages

Electricity consumption and economic growth in the European Union: A causality study using panel unit root and cointegration analysis

Author keywords

Economic growth; Electricity demand; Granger causality; Panel cointegration

Indexed keywords

CLIMATE CHANGE; CLIMATOLOGY; ECONOMICS; ERROR CORRECTION; PUBLIC POLICY;

EID: 51749098242     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/EEM.2008.4579055     Document Type: Conference Paper
Times cited : (17)

References (34)
  • 1
    • 0001459939 scopus 로고
    • On the Relationship between Energy and GNP
    • J. Kraft and A. Kraft, "On the Relationship between Energy and GNP," Journal of Energy and Development, 3(2), pp. 401-403, 1978.
    • (1978) Journal of Energy and Development , vol.3 , Issue.2 , pp. 401-403
    • Kraft, J.1    Kraft, A.2
  • 2
    • 0001462080 scopus 로고
    • Money, Income, and Causality
    • C.A. Sims, "Money, Income, and Causality," American Economic Review, 62(4), p. 540, 1972.
    • (1972) American Economic Review , vol.62 , Issue.4 , pp. 540
    • Sims, C.A.1
  • 3
    • 0021593709 scopus 로고
    • The Relationship between Energy and GNP: Further Results
    • E.S.H. Yu and B.-K. Hwang, "The Relationship between Energy and GNP: Further Results," Energy Economics, 6(3), pp. 186-190, 1984.
    • (1984) Energy Economics , vol.6 , Issue.3 , pp. 186-190
    • Yu, E.S.H.1    Hwang, B.-K.2
  • 4
    • 34548425432 scopus 로고
    • On the Causal Relationship between Energy and Income for Industrialized Countries
    • U. Erol and E.S.H. Yu, "On the Causal Relationship between Energy and Income for Industrialized Countries," Journal of Energy and Development, 13(1), pp. 113-122, 1987.
    • (1987) Journal of Energy and Development , vol.13 , Issue.1 , pp. 113-122
    • Erol, U.1    Yu, E.S.H.2
  • 5
    • 0004654880 scopus 로고
    • Co-integration and Causality Testing of the Energy-GDP Relationship: A Cross-country Study
    • D.M. Nachane, R.M. Nadkarni, and A.V. Karnik, "Co-integration and Causality Testing of the Energy-GDP Relationship: A Cross-country Study," Applied Economics, 20(11), pp. 1511-1531, 1988.
    • (1988) Applied Economics , vol.20 , Issue.11 , pp. 1511-1531
    • Nachane, D.M.1    Nadkarni, R.M.2    Karnik, A.V.3
  • 6
    • 0032029633 scopus 로고    scopus 로고
    • Cointegration, Error-Correction, and the Relationship between GDP and Energy: The Case of South Korea and Singapore
    • Y.U. Glasure and A.-R. Lee, "Cointegration, Error-Correction, and the Relationship between GDP and Energy: The Case of South Korea and Singapore," Resource and Energy Economics, 20(1), pp. 17-25, 1998.
    • (1998) Resource and Energy Economics , vol.20 , Issue.1 , pp. 17-25
    • Glasure, Y.U.1    Lee, A.-R.2
  • 7
    • 0031251716 scopus 로고    scopus 로고
    • An Investigation of Co-integration and Causality between Energy Consumption and Economic Activity in Taiwan
    • B.S. Cheng and T.W. Lai, "An Investigation of Co-integration and Causality between Energy Consumption and Economic Activity in Taiwan," Energy Economics, 19(4), pp. 435-444, 1997.
    • (1997) Energy Economics , vol.19 , Issue.4 , pp. 435-444
    • Cheng, B.S.1    Lai, T.W.2
  • 8
    • 0030183021 scopus 로고    scopus 로고
    • Energy Consumption, Real Income and Temporal Causality: Results from a Multi-country Study Based on Cointegration and Error-Correction Modelling Techniques
    • A.M.M. Masih and R. Masih, "Energy Consumption, Real Income and Temporal Causality: Results from a Multi-country Study Based on Cointegration and Error-Correction Modelling Techniques," Energy Economics, 18(3), pp. 165-183, 1996.
    • (1996) Energy Economics , vol.18 , Issue.3 , pp. 165-183
    • Masih, A.M.M.1    Masih, R.2
  • 9
    • 0034083788 scopus 로고    scopus 로고
    • A Note on the Causal Relationship between Energy and GDP in Taiwan
    • H.-Y., Yang, "A Note on the Causal Relationship between Energy and GDP in Taiwan," Energy Economics, 22(3), pp. 309-317, 2000.
    • (2000) Energy Economics , vol.22 , Issue.3 , pp. 309-317
    • Yang, H.-Y.1
  • 10
    • 33746962225 scopus 로고    scopus 로고
    • Energy-GDP relationship revisited: An example from GCC countries using panel causality
    • M.A. Al-Iriani, "Energy-GDP relationship revisited: An example from GCC countries using panel causality," Energy Policy, 34(17), pp. 3342-3350, 2006.
    • (2006) Energy Policy , vol.34 , Issue.17 , pp. 3342-3350
    • Al-Iriani, M.A.1
  • 11
    • 0034176805 scopus 로고    scopus 로고
    • A Multivariate Cointegration Analysis of the Role of Energy in the US Macroeconomy
    • D.I. Stern, "A Multivariate Cointegration Analysis of the Role of Energy in the US Macroeconomy," Energy Economics, 22(2), pp. 267-283, 2000.
    • (2000) Energy Economics , vol.22 , Issue.2 , pp. 267-283
    • Stern, D.I.1
  • 12
    • 0034565913 scopus 로고    scopus 로고
    • The relationship between energy consumption, energy prices and economic growth: Time series evidence from Asian developing countries
    • J. Asafu-Adjaye, "The relationship between energy consumption, energy prices and economic growth: time series evidence from Asian developing countries," Energy Economics, 22(6), pp. 615-625, 2000.
    • (2000) Energy Economics , vol.22 , Issue.6 , pp. 615-625
    • Asafu-Adjaye, J.1
  • 13
    • 0037218066 scopus 로고    scopus 로고
    • Energy Consumption and GDP: Causality Relationship in G-7 Countries and Emerging Markets
    • U. Soytas and R. Sari, "Energy Consumption and GDP: Causality Relationship in G-7 Countries and Emerging Markets," Energy Economics, 25(1), pp. 33-37, 2003.
    • (2003) Energy Economics , vol.25 , Issue.1 , pp. 33-37
    • Soytas, U.1    Sari, R.2
  • 14
    • 0347300440 scopus 로고    scopus 로고
    • Causal Relationship between Energy Consumption and GDP Revisited: The Case of Korea 1970-1999
    • W. Oh and K. Lee, "Causal Relationship between Energy Consumption and GDP Revisited: The Case of Korea 1970-1999," Energy Economics, 26(1), pp. 51-59, 2004.
    • (2004) Energy Economics , vol.26 , Issue.1 , pp. 51-59
    • Oh, W.1    Lee, K.2
  • 15
    • 18744405664 scopus 로고    scopus 로고
    • Energy Consumption and GDP in Developing Countries: A Cointegrated Panel Analysis
    • C.-C. Lee, "Energy Consumption and GDP in Developing Countries: A Cointegrated Panel Analysis," Energy Economics, 27(3), pp. 415-427, 2005.
    • (2005) Energy Economics , vol.27 , Issue.3 , pp. 415-427
    • Lee, C.-C.1
  • 16
    • 33847708225 scopus 로고    scopus 로고
    • Energy consumption and economic growth: The case of oil exporting countries
    • M. Mehrara, "Energy consumption and economic growth: The case of oil exporting countries," Energy Policy, 35(5), pp. 2939-2945, 2007.
    • (2007) Energy Policy , vol.35 , Issue.5 , pp. 2939-2945
    • Mehrara, M.1
  • 17
    • 33845408792 scopus 로고    scopus 로고
    • The relationship between GDP and electricity consumption in 10 Asian countries
    • S.-T. Chen, H.-I. Kuo, and C.-C. Chen, "The relationship between GDP and electricity consumption in 10 Asian countries," Energy Policy, 35(4), pp. 2611-2621, 2007.
    • (2007) Energy Policy , vol.35 , Issue.4 , pp. 2611-2621
    • Chen, S.-T.1    Kuo, H.-I.2    Chen, C.-C.3
  • 18
    • 33845524470 scopus 로고    scopus 로고
    • Energy consumption, economic growth and prices: A reassessment using panel VECM for developed and developing countries
    • R. Mahadevan and J. Asafu-Adjaye, "Energy consumption, economic growth and prices: A reassessment using panel VECM for developed and developing countries," Energy Policy, 35(4), pp. 2481-2490, 2007.
    • (2007) Energy Policy , vol.35 , Issue.4 , pp. 2481-2490
    • Mahadevan, R.1    Asafu-Adjaye, J.2
  • 19
    • 0036140890 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in India
    • S. Ghosh, "Electricity consumption and economic growth in India," Energy Policy, 30(2), pp. 125-129, 2002.
    • (2002) Energy Policy , vol.30 , Issue.2 , pp. 125-129
    • Ghosh, S.1
  • 20
    • 0042230835 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in China
    • A. Shiu and P.-L. Lam, "Electricity consumption and economic growth in China," Energy Policy, 32(1), pp. 47-54, 2004.
    • (2004) Energy Policy , vol.32 , Issue.1 , pp. 47-54
    • Shiu, A.1    Lam, P.-L.2
  • 21
    • 0347930477 scopus 로고    scopus 로고
    • Cointegration and causality between electricity consumption and GDP: Empirical evidence from Malawi
    • C.B.L. Jumbe, "Cointegration and causality between electricity consumption and GDP: empirical evidence from Malawi," Energy Economics, 26(1), p. 61-68, 2004.
    • (2004) Energy Economics , vol.26 , Issue.1 , pp. 61-68
    • Jumbe, C.B.L.1
  • 22
    • 33750149228 scopus 로고    scopus 로고
    • Causality relationship between electricity consumption and GDP in Bangladesh
    • P. Mozumder and A. Marathe, "Causality relationship between electricity consumption and GDP in Bangladesh," Energy Policy, 35(1), pp. 395-402, 2007.
    • (2007) Energy Policy , vol.35 , Issue.1 , pp. 395-402
    • Mozumder, P.1    Marathe, A.2
  • 23
    • 0013498103 scopus 로고    scopus 로고
    • Testing for Unit Roots in Heterogeneous Panels
    • K.S. Im, M.H. Pesaran, and Y. Shin, "Testing for Unit Roots in Heterogeneous Panels,"Journal of Econometrics, 115(1), pp.53-74, 2003.
    • (2003) Journal of Econometrics , vol.115 , Issue.1 , pp. 53-74
    • Im, K.S.1    Pesaran, M.H.2    Shin, Y.3
  • 24
    • 0000158117 scopus 로고
    • Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models
    • S. Johansen, "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, 59(6), pp. 1551-1580, 1991.
    • (1991) Econometrica , vol.59 , Issue.6 , pp. 1551-1580
    • Johansen, S.1
  • 25
    • 0003488630 scopus 로고
    • Likelihood-based inference in cointegrated vector autoregressive models
    • Oxford and New York: Oxford University Press
    • S. Johansen, Likelihood-based inference in cointegrated vector autoregressive models.: Advanced Texts in Econometrics, Oxford and New York: Oxford University Press, 1995.
    • (1995) Advanced Texts in Econometrics
    • Johansen, S.1
  • 26
    • 0041110046 scopus 로고    scopus 로고
    • Critical Values for Cointegration Tests in Heterogeneous Panels With Multiple Regressors
    • P. Pedroni, "Critical Values for Cointegration Tests in Heterogeneous Panels With Multiple Regressors," Oxford Bulletin of Economics & Statistics, 61(4), pp. 653-670, 1999.
    • (1999) Oxford Bulletin of Economics & Statistics , vol.61 , Issue.4 , pp. 653-670
    • Pedroni, P.1
  • 27
    • 2542568123 scopus 로고    scopus 로고
    • Panel Cointegration: Asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis: new results
    • P. Pedroni, "Panel Cointegration: asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis: new results," Working Papers - University of Michigan Department of Economics, pp. 597-625, 2004.
    • (2004) Working Papers - University of Michigan Department of Economics , pp. 597-625
    • Pedroni, P.1
  • 28
    • 0001187515 scopus 로고    scopus 로고
    • A Comparative Study of Unit Root Tests With Panel Data and a New Simple Test
    • G.S. Maddala and S. Wu, "A Comparative Study of Unit Root Tests With Panel Data and a New Simple Test," Oxford Bulletin of Economics & Statistics, 61(4), pp. 631-652, 1999.
    • (1999) Oxford Bulletin of Economics & Statistics , vol.61 , Issue.4 , pp. 631-652
    • Maddala, G.S.1    Wu, S.2
  • 29
    • 0000209313 scopus 로고
    • Experience with Forecasting Univariate Time Series and the Combination of Forecasts
    • P. Newbold. and C.W.J. Granger, "Experience with Forecasting Univariate Time Series and the Combination of Forecasts," Journal of the Royal Statistical Society, Series A, 137, pp. 131-146, 1974.
    • (1974) Journal of the Royal Statistical Society, Series A , vol.137 , pp. 131-146
    • Newbold, P.1    Granger, C.W.J.2
  • 30
    • 85036258669 scopus 로고
    • Distribution of the Estimators for Autoregressive Time Series With a Unit Root
    • D.A. Dickey and W.A. Fuller, "Distribution of the Estimators for Autoregressive Time Series With a Unit Root," Journal of the American Statistical Association, 74(366), pp. 427-431, 1979.
    • (1979) Journal of the American Statistical Association , vol.74 , Issue.366 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 31
    • 84972074618 scopus 로고
    • Test Consistency with Varying Sampling Frequency
    • P. Perron, "Test Consistency with Varying Sampling Frequency," Econometric Theory, 7(3), pp. 341-368, 1991.
    • (1991) Econometric Theory , vol.7 , Issue.3 , pp. 341-368
    • Perron, P.1
  • 32
    • 0000013567 scopus 로고
    • Co-integration and Error Correction: Representation, Estimation, and Testing
    • R.F. Engle and C.W.J. Granger, "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, 55(2), pp. 251-276, 1987.
    • (1987) Econometrica , vol.55 , Issue.2 , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 33
    • 0000351727 scopus 로고
    • Investigating Causal Relations by Econometric Models and Cross-Spectral Methods
    • C.W.J. Granger, "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, 37(3), pp. 424-438, 1969.
    • (1969) Econometrica , vol.37 , Issue.3 , pp. 424-438
    • Granger, C.W.J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.