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On the Dynamics of Energy Consumption and Employment in Illinois

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  • Payne, James E.

Abstract

This short empirical study utilizes U.S. annual data from 1976 to 2006 to examine the causal relationship between energy consumption and employment in Illinois within a multi-variate framework. The Toda-Yamamoto long-run causality tests reveal unidirectional causal-ity from energy consumption to employment supportive of the growth hypothesis. However, the importance of energy consumption in economic activity should not overshadow the envi-ronmental consequences of heavy reliance on fossil fuel consumption as well as the relevance of alternative renewable energy sources and improved energy efficiency for future economic growth.

Suggested Citation

  • Payne, James E., 2009. "On the Dynamics of Energy Consumption and Employment in Illinois," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 39(2), pages 1-5.
    • Handle: RePEc:ags:jrapmc:132432
    DOI: 10.22004/ag.econ.132432
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    References listed on IDEAS

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    6. Bismark Ameyaw & Li Yao, 2018. "Sectoral Energy Demand Forecasting under an Assumption-Free Data-Driven Technique," Sustainability, MDPI, vol. 10(7), pages 1-20, July.
    7. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Hammoudeh, Shawkat & Shahzad, Syed Jawad Hussain, 2017. "Bounds testing approach to analyzing the environment Kuznets curve hypothesis with structural beaks: The role of biomass energy consumption in the United States," Energy Economics, Elsevier, vol. 68(C), pages 548-565.
    8. Veli Yılancı & Emel İslamoğlu & Sinem Yıldırımalp & Gökçe Candan, 2020. "The Relationship between Unemployment Rates and Renewable Energy Consumption: Evidence from Fourier ADL Cointegration Test," Alphanumeric Journal, Bahadir Fatih Yildirim, vol. 8(1), pages 17-28, June.
    9. Hojat Parsa & Seyyedeh Zahra Sajjadi, 2017. "Exploring the Trade Openness, Energy Consumption and Economic Growth Relationship in Iran by Bayer and Hanck Combined Cointegration and Causality Analysis," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 21(4), pages 829-845, Autumn.
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