Causality relationships between renewable energy, nuclear energy and economic growth in France

被引:37
作者
Mbarek M.B. [1 ]
Khairallah R. [1 ]
Feki R. [1 ]
机构
[1] Department of Economics, University of Management and Economic Sciences of Sfax, Street of Airport km 4.5, LP 1088, Sfax
关键词
Economic growth; Granger causality; Nuclear energy; Renewable energy; Variance decompositions;
D O I
10.1007/s10669-015-9537-6
中图分类号
学科分类号
摘要
This paper analyzes the dynamics and quantitative relationships between renewable energy production, nuclear energy production and economic growth on the basis of quarterly data from 2001Q1 to 2012Q3 in France. We employ unit root tests, the augmented Dickey–Fuller and the Philips–Perron, Granger causality test and variance decompositions to uncover the extent and the magnitude of the relationship among variables. The econometric evidence seems to suggest that there is a unidirectional relationship between the economic growth and the nuclear electricity production, since the growth hypothesis is valid. While there is a unidirectional causality at short-term running from the renewable energy production to the primary production of all energies at 10 % level. © 2015, Springer Science+Business Media New York.
引用
收藏
页码:133 / 142
页数:9
相关论文
共 55 条
[31]  
Menyah K., Wolde-Rufael Y., CO<sub>2</sub> emissions, nuclear energy, renewable energy and economic growth in the US, Energy Policy, 38, pp. 2911-2915, (2010)
[32]  
Murry D.A., Nan G.D., A definition of the gross domestic product_electrification interrelationship, J Energy Dev, 19, pp. 275-283, (1996)
[33]  
Narayan P.K., Smyth R., Electricity consumption, employment and real income in Australia evidence from multivariate Granger causality tests, Energy Policy, 33, pp. 1109-1116, (2005)
[34]  
Narayan P.K., Smyth R., Energy consumption and real GDP in G7 countries: new evidence from panel cointegration with structural breaks, Energy Econ, 30, pp. 2331-2341, (2008)
[35]  
Oh W., Lee K., Causal relationship between energy consumption and GDP: the case of Korea 1970–1999, Energy Econ, 26, 1, pp. 51-59, (2004)
[36]  
Ozturk I., A literature survey on energy-growth nexus, Energy Policy, 38, pp. 340-349, (2010)
[37]  
Pao H.T., Fu H.C., Renewable energy, non-renewable energy and economic growth in Brazil, Renew Sust Energ Rev, 25, 2013, pp. 381-392, (2013)
[38]  
Paul S., Bhattacharya R.N., Causality between energy consumption and economic growth in India: a note on conflicting results, Energy Econ, 26, 6, pp. 977-983, (2004)
[39]  
Payne J.E., On biomass energy consumption and real output in the US, Energ Sour B: Econ Plann Policy, 6, pp. 47-52, (2011)
[40]  
Pesaran M.H., Shin Y., Generalized impulse response analysis in linear multivariate models, Econ Lett, 58, pp. 17-29, (1998)