Natural gas consumption and economic growth: A panel investigation of 67 countries

被引：116
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, Dept Banking & Financial Management, Athens 18534, Greece
来源：
APPLIED ENERGY | 2010年 / 87卷 / 08期
关键词：
Natural gas consumption; Growth; Panel; Granger-causality; DISAGGREGATE ENERGY-CONSUMPTION; UNIT-ROOT TESTS; CAUSAL RELATIONSHIP; ERROR-CORRECTION; COINTEGRATION; GDP;
D O I：
10.1016/j.apenergy.2010.01.002
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 natural gas consumption and economic growth for a panel of 67 countries within a multivariate framework over the period 1992-2005. Pedioni's [24,26] heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, natural gas consumption, real gross fixed capital formation, and the labor force. The results of the panel vector error correction model reveal bidirectional causality between natural gas consumption and economic growth in both the short- and long-run. (C) 2010 Elsevier Ltd All rights reserved.
引用
收藏
页码：2759 / 2763
页数：5
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