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Re-evaluating the energy consumption-economic growth nexus for the United States: An asymmetric threshold cointegration analysis.
- Source :
-
Energy . Apr2018, Vol. 148, p537-545. 9p. - Publication Year :
- 2018
-
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. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 03605442
- Volume :
- 148
- Database :
- Academic Search Index
- Journal :
- Energy
- Publication Type :
- Academic Journal
- Accession number :
- 128518675
- Full Text :
- https://doi.org/10.1016/j.energy.2018.01.172