Electricity consumption and economic growth in Spain

Applied Economics Letters

Volumn 17, Issue 14, 2010, Pages 1417-1421

  Ciarreta, Aitor ^a   Zarraga, Ainhoa ^a  

^a UNIVERSITY OF THE BASQUE COUNTRY UPV EHU   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

CONSUMPTION BEHAVIOR; ECONOMIC GROWTH; ELECTRICITY GENERATION; GRANGER CAUSALITY TEST; NONLINEARITY;

SPAIN;

EID: 77957599934     PISSN: 13504851     EISSN: 14664291     Source Type: Journal    
DOI: 10.1080/13504850903018689     Document Type: Article

References (22)

1. Altinay, G. and Karagol, E. (2005) Electricity consumption and economic growth: evidence from Turkey, Energy Economics, 27, 849-56.
2. Brock, W. (1991) Causality, chaos, explanation and prediction in economics and finance, in Beyond Belief: Randomness, Prediction and Explanation in Science, (Eds) J. Casti and A. Karlqvist, CRC Press, Boca Raton, FL.
3. Cheng, B. S. (1995) An investigation of cointegration and causality between energy consumption and economic growth, Journal of Energy and Development, 21, 73-84.
4. Dolado, J. J. and Lutkepohl, H. (1996) Making Wald test work for cointegrated VAR systems, Econometric Reviews, 15, 369-86.
5. Engle, R. and Granger, C. (1987) Cointegration and error correction: representation, estimation, and testing, Econometrica, 55, 257-76.
6. Fatai, K., Oxley, L. and Scrimgeour, F. G. (2004) Modelling the causal relationship between energy consumption and GDP in New Zealand, Australia, India, Indonesia, The Philippines and Thailand, Mathematics and Computers in Simulation, 64, 431-45.
7. Ferguson, R., Wilkinson, W. and Hill, R. (2000) Electricity use and economic development, Energy Policy, 28, 923-34.
8. Ghosh, S. (2002) Electricity consumption and economic growth in Taiwan, Energy Policy, 30, 125-129.
9. Granger, C. W. J. (1988) Some recent development in a concept of causality, Journal of Econometrics, 39, 199-211.
10. Hatemi, A. and Irandoust, M. (2005) Energy consumption and economic growth in Sweden: a leveraged bootstrap approach, 1965-2000, International Journal of Applied Econometrics and Quantitative Studies, 4, 1-20.
11. Hiemstra, C. and Jones, J. D. (1994) Testing for linear and nonlinear Granger causality in the stock price-volume relation, Journal of Finance, 49, 1639-64.
12. Johansen, S. (1988) Statistical analysis of cointegration vectors, Journal of Economics Dynamic and Control, 12, 231-54.
13. Lee, C. and Chang, C. (2005) Structural breaks, energy consumption, and economic growth revisited: evidence from Taiwan, Energy Economics, 27, 857-872.
14. Oh, W. and Lee, K. (2004) Causal relationship between energy consumption and GDP revisited: the case of Korea 1979-1999, Energy Economics, 26, 51-9.
15. Pesaran, M. H., Yongcheol, S. and Smith, R. J. (2001) Bounds testing approaches to the analysis of level relationships, Journal of Applied Econometrics, 16, 289-326.
16. Shiu, A. and Lam, L. P. (2004) Electricity consumption and economic growth in China, Energy Policy, 30, 47-54.
17. Sims, C., Stock, J. and Watson, M. (1990) Inference in linear time series models with unit roots, Econometrica, 58, 113-44.
18. Soytas, U. and Sari, R. (2003) Energy consumption and GDP: causality relationship in G-7 countries and emer ging markets, Energy Economics, 25, 33-7.
19. Stern, D. I. (1993) Energy use and economic growth in USA, a multivariate approach, Energy Economics, 15, 137-50.
20. Toda, H. Y. and Phillips, P. C. B. (1993) Vector autoregressions and causality, Econometrica, 61, 1367-93.
21. Toda, H. Y. and Yamamoto, T. (1995) Statistical inference in vector autoregressions with possibly integrated process, Journal of Econometrics, 66, 225-50.
22. Yoo, S. H. (2005) Electricity consumption and economic growth: evidence from Korea, Energy Policy, 33, 1627-32.