Journal
ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
Volume 6, Issue 1, Pages 47-52Publisher
TAYLOR & FRANCIS INC
DOI: 10.1080/15567240903160906
Keywords
biomass energy consumption; Granger-causality; real GDP
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This empirical note utilizes US annual data from 1949 to 2007 to examine the causal relationship between biomass energy consumption and real gross domestic product (GDP) within a multivariate framework. Toda-Yamamoto causality tests reveal unidirectional causality from biomass energy consumption to real GDP supportive of the growth hypothesis.
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