메뉴 건너뛰기




Volumn 38, Issue , 2014, Pages 533-540

Energy consumption, carbon emissions, and economic growth in India: Evidence from directed acyclic graphs

Author keywords

Carbon emissions; Directed acyclic graphs; Economic growth; Energy consumption; India; Out of sample granger causality tests

Indexed keywords


EID: 84896543845     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econmod.2014.01.030     Document Type: Article
Times cited : (147)

References (63)
  • 1
    • 0000790787 scopus 로고
    • New evidence on the causal relationship between United States energy consumption and gross national product
    • Abosedra S., Baghestani H. New evidence on the causal relationship between United States energy consumption and gross national product. J. Energy Dev. 1989, 14:285-292.
    • (1989) J. Energy Dev. , vol.14 , pp. 285-292
    • Abosedra, S.1    Baghestani, H.2
  • 2
    • 38949172698 scopus 로고    scopus 로고
    • Economic development, pollutant emissions and energy consumption in Malaysia
    • Ang J.B. Economic development, pollutant emissions and energy consumption in Malaysia. J. Policy Model 2008, 30:271-278.
    • (2008) J. Policy Model , vol.30 , pp. 271-278
    • Ang, J.B.1
  • 3
    • 0000428582 scopus 로고
    • Advertising and aggregate consumption: an analysis of causality
    • Ashley R., Granger C.W.J., Schmalensee R.I. Advertising and aggregate consumption: an analysis of causality. Econometrica 1980, 48:1149-1168.
    • (1980) Econometrica , vol.48 , pp. 1149-1168
    • Ashley, R.1    Granger, C.W.J.2    Schmalensee, R.I.3
  • 4
    • 26444473831 scopus 로고    scopus 로고
    • Vector autoregressions, policy analysis, and directed acyclic graphs: an application to the US Economy
    • Awokuse T.O., Bessler D.A. Vector autoregressions, policy analysis, and directed acyclic graphs: an application to the US Economy. J. Appl. Econ. 2003, 6:1-24.
    • (2003) J. Appl. Econ. , vol.6 , pp. 1-24
    • Awokuse, T.O.1    Bessler, D.A.2
  • 5
    • 46149132351 scopus 로고
    • Alternative explanations of the money-income correlation
    • Bernanke B. Alternative explanations of the money-income correlation. Carnegie-Rochester Conf. Ser. Public Policy 1986, 25:49-99.
    • (1986) Carnegie-Rochester Conf. Ser. Public Policy , vol.25 , pp. 49-99
    • Bernanke, B.1
  • 6
    • 0037377159 scopus 로고    scopus 로고
    • The structure of interdependence in international stock markets
    • Bessler D.A., Yang J. The structure of interdependence in international stock markets. J. Int. Money Financ. 2003, 22:261-287.
    • (2003) J. Int. Money Financ. , vol.22 , pp. 261-287
    • Bessler, D.A.1    Yang, J.2
  • 7
    • 0035641322 scopus 로고    scopus 로고
    • Out-of-sample tests for Granger causality
    • Chao J., Corradi V., Swanson N.R. Out-of-sample tests for Granger causality. Macroecon. Dyn. 2001, 5:598-620.
    • (2001) Macroecon. Dyn. , vol.5 , pp. 598-620
    • Chao, J.1    Corradi, V.2    Swanson, N.R.3
  • 8
    • 25444474145 scopus 로고    scopus 로고
    • A note on in-sample and out-of-sample tests for Granger causality
    • Chen S. A note on in-sample and out-of-sample tests for Granger causality. J. Forecast. 2005, 24:453-464.
    • (2005) J. Forecast. , vol.24 , pp. 453-464
    • Chen, S.1
  • 9
    • 0031251716 scopus 로고    scopus 로고
    • An investigation of co-integration and causality between energy consumption and economic activity in Taiwan
    • Cheng B.S., Lai T.W. An investigation of co-integration and causality between energy consumption and economic activity in Taiwan. Energy Econ. 1997, 19:435-444.
    • (1997) Energy Econ. , vol.19 , pp. 435-444
    • Cheng, B.S.1    Lai, T.W.2
  • 10
    • 52049124792 scopus 로고    scopus 로고
    • Economic growth and energy consumption revisited - evidence from linear and nonlinear Granger causality
    • Chiou-Wei S., Chen C., Zhu Z. Economic growth and energy consumption revisited - evidence from linear and nonlinear Granger causality. Energy Econ. 2008, 30:3063-3076.
    • (2008) Energy Econ. , vol.30 , pp. 3063-3076
    • Chiou-Wei, S.1    Chen, C.2    Zhu, Z.3
  • 11
    • 1842612523 scopus 로고    scopus 로고
    • Can out-of-sample forecast comparisons help prevent overfitting
    • Clark T. Can out-of-sample forecast comparisons help prevent overfitting. J. Forecast. 2004, 23:115-139.
    • (2004) J. Forecast. , vol.23 , pp. 115-139
    • Clark, T.1
  • 12
    • 0003047270 scopus 로고    scopus 로고
    • Tests of equal forecast accuracy and encompassing for nested models
    • Clark T.E., McCracken M.W. Tests of equal forecast accuracy and encompassing for nested models. J. Econom. 2001, 105:85-110.
    • (2001) J. Econom. , vol.105 , pp. 85-110
    • Clark, T.E.1    McCracken, M.W.2
  • 13
    • 8344290789 scopus 로고    scopus 로고
    • Evaluating long-horizon forecasts
    • University of Missouri at Columbia
    • Clark T.E., McCracken M.W. Evaluating long-horizon forecasts. Manuscript 2004, University of Missouri at Columbia.
    • (2004) Manuscript
    • Clark, T.E.1    McCracken, M.W.2
  • 14
    • 0000847273 scopus 로고
    • A theoretical macroeconometrics: a critique
    • Cooley T.F., LeRoy S.F. A theoretical macroeconometrics: a critique. J. Monet. Econ. 1985, 16:283-308.
    • (1985) J. Monet. Econ. , vol.16 , pp. 283-308
    • Cooley, T.F.1    LeRoy, S.F.2
  • 15
    • 0036227943 scopus 로고    scopus 로고
    • Causality between income and emission: a country group-specific econometric analysis
    • Coondoo D., Dinda S. Causality between income and emission: a country group-specific econometric analysis. Ecol. Econ. 2002, 40:351-367.
    • (2002) Ecol. Econ. , vol.40 , pp. 351-367
    • Coondoo, D.1    Dinda, S.2
  • 16
    • 0346389567 scopus 로고    scopus 로고
    • A consistent test for nonlinear out of sample predicative accuracy
    • Corradi V., Swanson N.R. A consistent test for nonlinear out of sample predicative accuracy. J. Econom. 2002, 110:353-381.
    • (2002) J. Econom. , vol.110 , pp. 353-381
    • Corradi, V.1    Swanson, N.R.2
  • 17
    • 0031878682 scopus 로고    scopus 로고
    • Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves
    • de Bruyn S.M., van den Bergh J.C.J.M., Opschoor J.B. Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves. Ecol. Econ. 1998, 25:161-175.
    • (1998) Ecol. Econ. , vol.25 , pp. 161-175
    • de Bruyn, S.M.1    Van Den Bergh, J.C.J.M.2    Opschoor, J.B.3
  • 18
    • 0347568442 scopus 로고    scopus 로고
    • Searching for the causal structure of a vector autoregression
    • Demiralp S., Hoover K.D. Searching for the causal structure of a vector autoregression. Oxf. Bull. Econ. Stat. 2003, 65:745-767.
    • (2003) Oxf. Bull. Econ. Stat. , vol.65 , pp. 745-767
    • Demiralp, S.1    Hoover, K.D.2
  • 20
    • 5144227863 scopus 로고    scopus 로고
    • Environmental Kuznets curve hypothesis: a survey
    • Dinda S. Environmental Kuznets curve hypothesis: a survey. Ecol. Econ. 2004, 49:431-455.
    • (2004) Ecol. Econ. , vol.49 , pp. 431-455
    • Dinda, S.1
  • 21
    • 33646471406 scopus 로고    scopus 로고
    • Income and emission: a panel-data based cointegration analysis
    • Dinda S., Coondoo D. Income and emission: a panel-data based cointegration analysis. Ecol. Econ. 2006, 57:167-181.
    • (2006) Ecol. Econ. , vol.57 , pp. 167-181
    • Dinda, S.1    Coondoo, D.2
  • 23
    • 77951257161 scopus 로고    scopus 로고
    • Examining carbon emissions economic growth nexus for India: a multivariate cointegration approach
    • Ghosh S. Examining carbon emissions economic growth nexus for India: a multivariate cointegration approach. Energy Policy 2010, 38:3008-3014.
    • (2010) Energy Policy , vol.38 , pp. 3008-3014
    • Ghosh, S.1
  • 24
    • 0036639668 scopus 로고    scopus 로고
    • Energy and national income in Korea: further evidence on the role of omitted variables
    • Glasure Y.U. Energy and national income in Korea: further evidence on the role of omitted variables. Energy Econ. 2002, 24:355-365.
    • (2002) Energy Econ. , vol.24 , pp. 355-365
    • Glasure, Y.U.1
  • 25
    • 0000351727 scopus 로고
    • Investigating causal relations by econometric models and cross-spectral methods
    • Granger C.W.J. Investigating causal relations by econometric models and cross-spectral methods. Econometrica 1969, 37:424-438.
    • (1969) Econometrica , vol.37 , pp. 424-438
    • Granger, C.W.J.1
  • 26
    • 0242704855 scopus 로고    scopus 로고
    • Some aspects of causal relationships
    • Granger C.W.J. Some aspects of causal relationships. J. Econom. 2003, 112:69-71.
    • (2003) J. Econom. , vol.112 , pp. 69-71
    • Granger, C.W.J.1
  • 27
    • 0008894332 scopus 로고
    • Environmental impacts of the North American free trade agreement
    • Grossman G.M., Krueger A.B. Environmental impacts of the North American free trade agreement. NBER, Working paper 3914 1991.
    • (1991) NBER, Working paper 3914
    • Grossman, G.M.1    Krueger, A.B.2
  • 28
    • 0029505672 scopus 로고
    • Economic growth and the environment
    • Grossman G., Krueger A. Economic growth and the environment. Q. J. Econ. 1995, 110:353-377.
    • (1995) Q. J. Econ. , vol.110 , pp. 353-377
    • Grossman, G.1    Krueger, A.2
  • 29
    • 59249096600 scopus 로고    scopus 로고
    • 2 emissions, energy consumption, income and foreign trade in Turkey
    • 2 emissions, energy consumption, income and foreign trade in Turkey. Energy Policy 2009, 37:1156-1164.
    • (2009) Energy Policy , vol.37 , pp. 1156-1164
    • Halicioglu, F.1
  • 30
    • 0036330795 scopus 로고    scopus 로고
    • Re-examining the empirical evidence for an environmental Kuznets curve
    • Harbaugh W., Levinson A., Wilson D. Re-examining the empirical evidence for an environmental Kuznets curve. Rev. Econ. Stat. 2002, 84(3):541-551.
    • (2002) Rev. Econ. Stat. , vol.84 , Issue.3 , pp. 541-551
    • Harbaugh, W.1    Levinson, A.2    Wilson, D.3
  • 33
    • 0036639901 scopus 로고    scopus 로고
    • Energy consumption and economic growth: assessing the evidence from Greece
    • Hondroyiannis G., Lolos S., Papaetrou E. Energy consumption and economic growth: assessing the evidence from Greece. Energy Econ. 2002, 24:319-336.
    • (2002) Energy Econ. , vol.24 , pp. 319-336
    • Hondroyiannis, G.1    Lolos, S.2    Papaetrou, E.3
  • 34
    • 0002676026 scopus 로고
    • The causal relationship between energy and GNP: the case of Taiwan
    • Hwang D., Gum B. The causal relationship between energy and GNP: the case of Taiwan. J. Energy Dev. 1992, 10:249-272.
    • (1992) J. Energy Dev. , vol.10 , pp. 249-272
    • Hwang, D.1    Gum, B.2
  • 37
    • 0001459939 scopus 로고
    • On the relationship between energy and GNP
    • Kraft J., Kraft A. On the relationship between energy and GNP. J. Energy Dev. 1978, 3:401-403.
    • (1978) J. Energy Dev. , vol.3 , pp. 401-403
    • Kraft, J.1    Kraft, A.2
  • 38
    • 18744405664 scopus 로고    scopus 로고
    • Energy consumption and GDP in developing countries: a cointegrated panel analysis
    • Lee C.C. Energy consumption and GDP in developing countries: a cointegrated panel analysis. Energy Econ. 2005, 27:415-427.
    • (2005) Energy Econ. , vol.27 , pp. 415-427
    • Lee, C.C.1
  • 39
    • 34547650757 scopus 로고    scopus 로고
    • Asymptotics for out-of-sample tests of causality
    • McCracken M. Asymptotics for out-of-sample tests of causality. J. Econom. 2007, 140:719-752.
    • (2007) J. Econom. , vol.140 , pp. 719-752
    • McCracken, M.1
  • 40
    • 21344490088 scopus 로고
    • Approximate asymptotic distribution functions for unit-root and cointegration
    • MacKinnon J.G. Approximate asymptotic distribution functions for unit-root and cointegration. J. Bus. Econ. Stat. 1994, 12:167-176.
    • (1994) J. Bus. Econ. Stat. , vol.12 , pp. 167-176
    • MacKinnon, J.G.1
  • 41
    • 0347300440 scopus 로고    scopus 로고
    • Causal relationship between energy consumption and GDP revisited: the case of Korea 1970-1999
    • Oh W., Lee K. Causal relationship between energy consumption and GDP revisited: the case of Korea 1970-1999. Energy Econ. 2004, 26:51-59.
    • (2004) Energy Econ. , vol.26 , pp. 51-59
    • Oh, W.1    Lee, K.2
  • 42
    • 0004213845 scopus 로고    scopus 로고
    • Cambridge University Press, Cambridge
    • Pearl J. Causality 2000, Cambridge University Press, Cambridge.
    • (2000) Causality
    • Pearl, J.1
  • 43
    • 0012190324 scopus 로고    scopus 로고
    • Carbon intensity and economic development 1962-1991: a brief exploration of the environmental Kuznets curve
    • Roberts J.T., Grimes P.E. Carbon intensity and economic development 1962-1991: a brief exploration of the environmental Kuznets curve. World Dev. 1997, 25:191-198.
    • (1997) World Dev. , vol.25 , pp. 191-198
    • Roberts, J.T.1    Grimes, P.E.2
  • 44
    • 0000146086 scopus 로고    scopus 로고
    • The embodiment of carbon associated with Brazilian imports and exports
    • Schaeffer R., Leal de Sa A. The embodiment of carbon associated with Brazilian imports and exports. Energy Convers. Manag. 1996, 37:955-960.
    • (1996) Energy Convers. Manag. , vol.37 , pp. 955-960
    • Schaeffer, R.1    Leal de Sa, A.2
  • 46
    • 84960586105 scopus 로고
    • Economic development and environmental quality: an econometric analysis
    • Shafik N. Economic development and environmental quality: an econometric analysis. Oxf. Econ. Pap. 1994, 46:757-773.
    • (1994) Oxf. Econ. Pap. , vol.46 , pp. 757-773
    • Shafik, N.1
  • 47
    • 0002588555 scopus 로고
    • Forecasting models for policy analysis
    • Sims C. Forecasting models for policy analysis. Q. Rev. Fed. Reserv. Bank Minneap. 1986, 10:2-16.
    • (1986) Q. Rev. Fed. Reserv. Bank Minneap. , vol.10 , pp. 2-16
    • Sims, C.1
  • 48
    • 62349113567 scopus 로고    scopus 로고
    • Energy consumption, economic growth, and carbon emissions: challenges faced by an EU candidate member
    • Soytas U., Sari R. Energy consumption, economic growth, and carbon emissions: challenges faced by an EU candidate member. Ecol. Econ. 2009, 68:1667-1675.
    • (2009) Ecol. Econ. , vol.68 , pp. 1667-1675
    • Soytas, U.1    Sari, R.2
  • 49
    • 34247608102 scopus 로고    scopus 로고
    • Energy consumption, income, and carbon emissions in the United States
    • Soytas U., Sari R., Ewing B.T. Energy consumption, income, and carbon emissions in the United States. Ecol. Econ. 2007, 62:482-489.
    • (2007) Ecol. Econ. , vol.62 , pp. 482-489
    • Soytas, U.1    Sari, R.2    Ewing, B.T.3
  • 51
    • 0027728460 scopus 로고
    • Energy and economic growth in the USA, a multivariate approach
    • Stern D.I. Energy and economic growth in the USA, a multivariate approach. Energy Econ. 1993, 15:137-150.
    • (1993) Energy Econ. , vol.15 , pp. 137-150
    • Stern, D.I.1
  • 52
    • 2842524006 scopus 로고    scopus 로고
    • Progress on the environmental Kuznets curve?
    • Stern D.I. Progress on the environmental Kuznets curve?. Environ. Dev. Econ. 1998, 3:173-196.
    • (1998) Environ. Dev. Econ. , vol.3 , pp. 173-196
    • Stern, D.I.1
  • 53
    • 0034176805 scopus 로고    scopus 로고
    • A multivariate cointegration analysis of the role of energy in the US economy
    • Stern D.I. A multivariate cointegration analysis of the role of energy in the US economy. Energy Econ. 2000, 22:267-283.
    • (2000) Energy Econ. , vol.22 , pp. 267-283
    • Stern, D.I.1
  • 54
    • 3242707082 scopus 로고    scopus 로고
    • The rise and fall of the Environmental Kuznets curve
    • Stern D.I. The rise and fall of the Environmental Kuznets curve. World Dev. 2004, 32:1419-1439.
    • (2004) World Dev. , vol.32 , pp. 1419-1439
    • Stern, D.I.1
  • 55
    • 0035708153 scopus 로고    scopus 로고
    • Is there an environmental Kuznets curve for sulfur
    • Stern D.I., Common M.S. Is there an environmental Kuznets curve for sulfur. J. Environ. Econ. Manag. 2001, 41:162-178.
    • (2001) J. Environ. Econ. Manag. , vol.41 , pp. 162-178
    • Stern, D.I.1    Common, M.S.2
  • 56
    • 0031523817 scopus 로고    scopus 로고
    • Impulse response functions based on a causal approach to residual orthogonalization in vector autoregression
    • Swanson N., Granger C.W.J. Impulse response functions based on a causal approach to residual orthogonalization in vector autoregression. J. Am. Stat. Assoc. 1997, 92:357-367.
    • (1997) J. Am. Stat. Assoc. , vol.92 , pp. 357-367
    • Swanson, N.1    Granger, C.W.J.2
  • 57
    • 33846503278 scopus 로고    scopus 로고
    • Interest rate linkages in the Eurocurrency market: contemporaneous and out-of-sample Granger causality tests
    • Wang Z., Yang J., Li Q. Interest rate linkages in the Eurocurrency market: contemporaneous and out-of-sample Granger causality tests. J. Int. Money Financ. 2007, 26:86-103.
    • (2007) J. Int. Money Financ. , vol.26 , pp. 86-103
    • Wang, Z.1    Yang, J.2    Li, Q.3
  • 58
    • 0028665574 scopus 로고
    • The embodiment of carbon in imports of manufactured products
    • Wyckoff A., Roop J. The embodiment of carbon in imports of manufactured products. Energy Policy 1994, 22:187-194.
    • (1994) Energy Policy , vol.22 , pp. 187-194
    • Wyckoff, A.1    Roop, J.2
  • 59
    • 0034083788 scopus 로고    scopus 로고
    • A note on the causal relationship between energy and GDP in Taiwan
    • Yang H.Y. A note on the causal relationship between energy and GDP in Taiwan. Energy Econ. 2000, 22:309-317.
    • (2000) Energy Econ. , vol.22 , pp. 309-317
    • Yang, H.Y.1
  • 60
    • 33747420370 scopus 로고    scopus 로고
    • International transmission of inflation among G-7 countries: a data-determined VAR analysis
    • Yang J., Guo H., Wang Z. International transmission of inflation among G-7 countries: a data-determined VAR analysis. J. Bank. Financ. 2006, 30:2681-2700.
    • (2006) J. Bank. Financ. , vol.30 , pp. 2681-2700
    • Yang, J.1    Guo, H.2    Wang, Z.3
  • 61
    • 0346669936 scopus 로고    scopus 로고
    • Disaggregated industrial energy consumption and GDP: the case of Shanghai
    • Yemane W.-R. Disaggregated industrial energy consumption and GDP: the case of Shanghai. Energy Econ. 2004, 26:69-75.
    • (2004) Energy Econ. , vol.26 , pp. 69-75
    • Yemane, W.-R.1
  • 62
    • 0021593709 scopus 로고
    • The relationship between energy and GNP: further results
    • Yu E.S.H., Hwang B.K. The relationship between energy and GNP: further results. Energy Econ. 1984, 6:186-190.
    • (1984) Energy Econ. , vol.6 , pp. 186-190
    • Yu, E.S.H.1    Hwang, B.K.2
  • 63
    • 67649103580 scopus 로고    scopus 로고
    • Energy consumption, carbon emissions, and economic growth in China
    • Zhang X., Cheng X. Energy consumption, carbon emissions, and economic growth in China. Ecol. Econ. 2009, 68:2706-2712.
    • (2009) Ecol. Econ. , vol.68 , pp. 2706-2712
    • Zhang, X.1    Cheng, X.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.