Economic growth and energy consumption revisited -- Evidence from linear and nonlinear Granger causality

A-Tier
Journal: Energy Economics
Year: 2008
Volume: 30
Issue: 6
Pages: 3063-3076

Authors (3)

Chiou-Wei, Song Zan (not in RePEc) Chen, Ching-Fu (not in RePEc) Zhu, Zhen (University of Central Oklahoma)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The relationship between energy consumption and economic growth is considered as an imperative issue in energy economics. Previous studies have ignored the nonlinear behavior which could be caused by structural breaks. In this study, both linear and nonlinear Granger causality tests are applied to examine the causal relationship between energy consumption and economic growth for a sample of Asian newly industrialized countries as well as the U.S. This study finds evidence supporting a neutrality hypothesis for the United States, Thailand, and South Korea. However, empirical evidence on Philippines and Singapore reveals a unidirectional causality running from economic growth to energy consumption while energy consumption may have affected economic growth for Taiwan, Hong Kong, Malaysia and Indonesia. Policy implications are also discussed.

Technical Details

RePEc Handle
repec:eee:eneeco:v:30:y:2008:i:6:p:3063-3076
Journal Field
Energy
Author Count
3
Added to Database
2026-01-29