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The causal relationship between biomass energy use and economic growth in the United States.

Authors :
Aslan, Alper
Source :
Renewable & Sustainable Energy Reviews. May2016, Vol. 57, p362-366. 5p.
Publication Year :
2016

Abstract

This paper examines the causality relations among economic growth, biomass energy consumption, employment and capital in the U.S between 1961 and 2011. Using the ARDL bounds testing approach to cointegration, long and short run relationships among the variables are estimated. Long run and short run coefficients indicate that biomass energy consumption has positive impacts on economic growth for the U.S. In addition, the Granger causality results illustrate that unidirectional causality from biomass energy consumption to real GDP supportive of the growth hypothesis. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13640321
Volume :
57
Database :
Academic Search Index
Journal :
Renewable & Sustainable Energy Reviews
Publication Type :
Academic Journal
Accession number :
112707503
Full Text :
https://doi.org/10.1016/j.rser.2015.12.109