The causal dynamics between coal consumption and growth: Evidence from emerging market economies

被引：69

作者：

Apergis, Nicholas ^{[2
]}

Payne, James E. ^{[1
]}

机构：

[1] Illinois State Univ, Coll Arts & Sci, Normal, IL 61790 USA

[2] Univ Piraeus Karaoli & Dimitriou, Dept Banking & Financial Management, Athens 18534, Greece

来源：

APPLIED ENERGY | 2010年 / 87卷 / 06期

关键词：

Coal consumption; Growth; Panel; Granger-causality; DISAGGREGATE ENERGY-CONSUMPTION; PANEL-DATA; INDUSTRIAL-PRODUCTION; ERROR-CORRECTION; UNIT ROOTS; GDP; COINTEGRATION; TESTS; OUTPUT;

D O I：

10.1016/j.apenergy.2009.11.035

中图分类号：

TE [石油、天然气工业]; TK [能源与动力工程];

学科分类号：

0807 ; 0820 ;

摘要：

This study examines the relationship between coal consumption and economic growth for 15 emerging market economies within a multivariate panel framework over the period 1980-2006. The heterogeneous panel cointegration results indicate there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. While in the long-run both real gross fixed capital formation and the labor force have a significant positive impact on real GDP, coal consumption has a significant negative impact. The panel causality tests show bidirectional causality between coal consumption and economic growth in both the short- and long-run. (C) 2009 Elsevier Ltd. All rights reserved.

引用

页码：1972 / 1977

页数：6

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