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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.

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File URL: http://purl.umn.edu/132432
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Bibliographic Info

Article provided by Mid-Continent Regional Science Association in its journal Journal of Regional Analysis and Policy.

Volume (Year): 39 (2009)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:ags:jrapmc:132432

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Related research

Keywords: Labor and Human Capital; Resource /Energy Economics and Policy;

References

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Cited by:
  1. He, Hongming & Jim, C.Y., 2012. "Coupling model of energy consumption with changes in environmental utility," Energy Policy, Elsevier, vol. 43(C), pages 235-243.

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