期刊
RESOURCES POLICY
卷 62, 期 -, 页码 114-124出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.resourpol.2019.03.010
关键词
Renewable energy consumption; Non-renewable energy consumption; Economic growth; ASEAN-5; Asymmetric causality
This study analyzes the causality between energy consumption and economic growth for ASEAN-5 countries. The data set of the study cover the years between 1980 and 2015. The research uses Hacker and Hatemi-J(2006) tests for symmetric causality analysis and Hatemi-J(2012) test to examine asymmetric causality. According to Hacker and Hatemi-J(2006) test's results, economic growth and renewable energy consumption are not generally related to ASEAN-5 countries' growth. However, Hatemi-J(2012) results suggest the presence of a significant relationships between non-renewable energy consumption and economic growth. Different interactions are observed according to the realization of positive and negative shocks. This supports that ASEAN-5 countries need to orientate to renewable energy consumption in energy policies. Also considering positive and negative shocks indicates that more effective results can be obtained in economic development process while determining energy policies.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据