This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds evidence of long-run bidirectional causality between lower energy intensity and higher economic...
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INFORMACIÓN
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2017/05/30
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS8077
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1
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1
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2017/05/30
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Disclosed
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Does energy efficiency promote economic growth? : evidence from a multi-country and multi-sector panel data set
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energy intensities