Journal Article

·2016

Biomass energy consumption and economic growth: ARDL analysis

Melike Bildirici YTU

Energy Sources Part B Economics Planning and Policy

Abstract

This article investigated the causality relation between biomass energy consumption and economic growth in Australia, Canada, Denmark, Finland, France, Japan, the UK and the US by using the autoregressive distributed lag (ARDL) bounds testing method, and Granger causality test. The dataset covers the 1980-2010 period. For Canada, France, the UK and the US, the results of short-run causality determined the evidence that the conservation hypothesis is supported and the evidence of the growth hypothesis for Australia, Belgium, Finland and Japan. Strong causality results found the evidence of feedback hypothesis for the US, UK, and France.

Keywords

Distributed lag Causality (physics) Granger causality Economics Consumption (sociology) Energy consumption Econometrics Cointegration Autoregressive model Biomass (ecology) Ecology Biology Social science Sociology

Subject Areas

Energy, Environment, Economic Growth ·Economics and Econometrics ·Social Sciences
Environmental Impact and Sustainability ·Environmental Engineering ·Physical Sciences
Grey System Theory Applications ·Management Science and Operations Research ·Social Sciences

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