Causality between energy consumption and economic growth in India: a note on conflicting results

被引：279
|
作者：
Paul, S [1 ]
Bhattacharya, RN
机构：
[1] Kalyani Univ, Dept Econ, Kalyani 741235, W Bengal, India
[2] Kalyani Univ, Dept Econ, Chandannagar 741235, India
[3] Khalisani Mahavidyalaya, Chandannagar 712138, India
来源：
ENERGY ECONOMICS | 2004年 / 26卷 / 06期
关键词：
energy consumption; economic growth; India; Granger causality; cointegration;
D O I：
10.1016/j.eneco.2004.07.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This note examines the different direction of causal relation between energy consumption and economic growth in India. Applying Engle-Granger cointegation approach combined with the standard Granger causality test on Indian data for the period 1950-1996, we find that bi-directional causality exists between energy consumption and economic growth. Further, we apply Johansen multivariate cointegration technique on the different set of variables. The same direction of causality exists between energy consumption and economic growth. This is different from the results obtained in earlier studies. (C) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码：977 / 983
页数：7
相关论文
共 50 条
  • [1] Causality between economic growth and energy consumption in Croatia
    Gelo, Tomislav
    ZBORNIK RADOVA EKONOMSKOG FAKULTETA U RIJECI-PROCEEDINGS OF RIJEKA FACULTY OF ECONOMICS, 2009, 27 (02): : 327 - 348
  • [2] Causality between renewable energy, energy consumption, and economic growth
    Shakouri, Bahram
    Yazdi, Soheila Khoshnevis
    ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, 2017, 12 (09) : 838 - 845
  • [3] The causality between energy consumption and economic growth in Turkey
    Erdal, Guelistan
    Erdal, Hilmi
    Esengun, Kemal
    ENERGY POLICY, 2008, 36 (10) : 3838 - 3842
  • [4] Bounds test approach to cointegration and causality between nuclear energy consumption and economic growth in India
    Wolde-Rufael, Yemane
    ENERGY POLICY, 2010, 38 (01) : 52 - 58
  • [5] Analysis of causality between energy consumption and economic growth in Indonesia
    Soares, Jose Azelito
    Kim, Yoon Kyung
    Heo, Eunnyeoung
    GEOSYSTEM ENGINEERING, 2014, 17 (01) : 58 - 62
  • [6] Nonlinear causality between energy consumption and economic growth by timescale
    Kim, Donggeun
    Park, Young-Joon
    Energy Strategy Reviews, 2022, 44
  • [7] CAUSALITY BETWEEN ENERGY CONSUMPTION AND ECONOMIC GROWTH: LITERATURE REVIEW
    Jakovac, Pavle
    5TH INTERNATIONAL CONFERENCE ON EDUCATION AND SOCIAL SCIENCES (INTCESS 2018), 2018, : 280 - 289
  • [8] THE CAUSALITY BETWEEN ENERGY CONSUMPTION AND ECONOMIC GROWTH IN UNITED KINGDOM
    Altunbas, Yener
    Kapusuzoglu, Ayhan
    ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2011, 24 (02): : 60 - 67
  • [9] Causality Relationship between Economic Growth And Energy Consumption in China
    Ma, Hongwei
    Ma, Kaiping
    PROCEEDINGS OF THE SECOND INTERNATIONAL CONFERENCE ON MODELLING AND SIMULATION (ICMS2009), VOL 2, 2009, : 503 - 508
  • [10] Nonlinear causality between energy consumption and economic growth by timescale
    Kim, Donggeun
    Park, Young -Joon
    ENERGY STRATEGY REVIEWS, 2022, 44
12345