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Causality between energy and output in the long-run

Stern, David

Description

Though there is a very large literature examining whether energy use Granger causes economic output or vice versa, it is fairly inconclusive. Almost all existing studies use relatively short time series, or panels with a relatively small time dimension. We apply Granger causality and cointegration techniques to a Swedish time series dataset spanning 150 years to test whether increases in energy use and energy quality have driven economic growth or vice versa. We show that these techniques are...[Show more]

CollectionsANU Research Publications
Date published: 2013-05-12
Type: Journal article
URI: http://hdl.handle.net/1885/11546
Source: Energy Economics 39 (2013): 135–146
DOI: 10.1016/j.eneco.2013.05.007

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