Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8072026 | Energy | 2018 | 34 Pages |
Abstract
This paper examines the relationship between energy consumption and economic growth for the United States both at a country and at a sectoral level (Industry, Residential, Electric Power and Transportation) using an asymmetric threshold cointegration approach and monthly data from January 1991 to May 2016. Granger causality tests support a neutrality hypothesis for all sectors, except for the case of total consumption at the country level where a unidirectional causality is running from energy consumption to economic growth.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Stavros A. Kourtzidis, Panayiotis Tzeremes, Nickolaos G. Tzeremes,