Biomass energy consumption and economic growth: ARDL analysis

BİLDİRİCİ M. E.

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, cilt.11, sa.6, ss.562-568, 2016 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 11 Sayı: 6
  • Basım Tarihi: 2016
  • Doi Numarası: 10.1080/15567249.2011.649101
  • Dergi Adı: ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.562-568
  • Anahtar Kelimeler: ARDL, biomass energy consumption, economic growth, Granger Causality test, VEC, BOUNDS TESTING APPROACH, ELECTRICITY CONSUMPTION, COUNTRIES, INDIA, GNP, CAUSALITY, AUSTRALIA, GDP
  • Yıldız Teknik Üniversitesi Adresli: Evet

Özet

This article investigated the causality relation between biomass energy consumption and economic growth in Australia, Canada, Denmark, Finland, France, Japan, the UK and the US by using the autoregressive distributed lag (ARDL) bounds testing method, and Granger causality test. The dataset covers the 1980-2010 period. For Canada, France, the UK and the US, the results of short-run causality determined the evidence that the conservation hypothesis is supported and the evidence of the growth hypothesis for Australia, Belgium, Finland and Japan. Strong causality results found the evidence of feedback hypothesis for the US, UK, and France.