標題: Clean energy, non-clean energy, and economic growth in the MIST countries
作者: Pao, Hsiao-Tien
Li, Yi-Ying
Fu, Hsin-Chia
管理科學系
Department of Management Science
關鍵字: Clean energy consumption;MIST Countries;Panel causality
公開日期: 1-四月-2014
摘要: This paper explores the causal relationship between clean (renewable/nuclear) and non-clean energy consumption and economic growth in emerging economies of the MIST (Mexico, Indonesia, South Korea, and Turkey) countries. The panel co-integration tests reveal that there is a long-term equilibrium relationship among GDP, capital formation, labor force, renewable/nuclear, and fossil fuel energy consumption. The panel causality results indicate that (1) there is a positive unidirectional short-run causality from fossil fuel energy consumption to economic growth with a bidirectional long-run causality; (2) there is a unidirectional long-run causality from renewable energy consumption to economic growth with positive bidirectional short-run causality, and a long-run causality from renewable to fossil fuel energy consumption with negative short-run feedback effects; and (3) there is a bidirectional long-run causality between nuclear energy consumption and economic growth and a long-run causality from fossil fuel energy consumption to nuclear energy consumption with positive short-run feedback effects. These suggest that MIST countries should be energy-dependent economies and that energy conservation policies may depress their economic development. However, developing renewable and nuclear energy is a viable solution for addressing energy security and climate change issues, and creating clean and fossil fuel energy partnerships could enhance a sustainable energy economy. (c) 2014 Elsevier Ltd. All rights reserved.
URI: http://dx.doi.org/10.1016/j.enpol.2013.12.039
http://hdl.handle.net/11536/23960
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2013.12.039
期刊: ENERGY POLICY
Volume: 67
Issue: 
起始頁: 932
結束頁: 942
顯示於類別:期刊論文


文件中的檔案:

  1. 000332815300090.pdf