The Long-run Relationship Between Renewable Electricity Consumption and GDP: Evidence From Panel Data


Kula F.

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, cilt.9, ss.156-160, 2014 (SCI İndekslerine Giren Dergi) identifier identifier

  • Cilt numarası: 9 Konu: 2
  • Basım Tarihi: 2014
  • Doi Numarası: 10.1080/15567249.2010.481655
  • Dergi Adı: ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
  • Sayfa Sayıları: ss.156-160

Özet

The article examines whether a long-run relationship between per capita renewable electricity consumption and gross domestic product (GDP) exists employing panel integration and cointegration techniques for a dynamic heterogeneous panel of 19 Organisation for Economic Co-operation and Development countries over the period 1980-2008. Our findings support the existence of a long-run equilibrium relation between renewable electricity consumption and GDP. Further, the evidence points to unidirectional causality from a GDP to renewable electricity consumption.