IDEAS home Printed from https://ideas.repec.org/a/icf/icfjae/v10y2011i4p23-39.html
   My bibliography  Save this article

Energy Consumption Effects on an Economy with Structural Breaks: Evidence from Portugal (1965-2008)

Author

Listed:
  • José Alberto Fuinhas
  • António Cardoso Marques

Abstract

The paper examines the nexus between growth and primary energy consumption in Portugal, using the Autoregressive Distributed Lag (ARDL) bounds test approach with annual time series data from 1965 to 2008. Portugal is a medium-sized economy which has experienced several episodes of economic expansion and stagnation that make it of particular interest. Portugal is constrained by external energy dependency and is faced with the policies of energy preservation due to international commitments and initiatives, such as the Kyoto Protocol and Directives of European Union, that potentially may have deep implications for its economic growth. Empirical results suggest that energy causes growth in the long run and short run, but growth only causes energy consumption in the short run. Therefore, an energy policy to promote consumption constraints on energy will reduce GDP growth in Portugal.

Suggested Citation

  • José Alberto Fuinhas & António Cardoso Marques, 2011. "Energy Consumption Effects on an Economy with Structural Breaks: Evidence from Portugal (1965-2008)," The IUP Journal of Applied Economics, IUP Publications, vol. 0(4), pages 23-39, October.
    • Handle: RePEc:icf:icfjae:v:10:y:2011:i:4:p:23-39
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fuinhas, José Alberto & Marques, António Cardoso, 2013. "Rentierism, energy and economic growth: The case of Algeria and Egypt (1965–2010)," Energy Policy, Elsevier, vol. 62(C), pages 1165-1171.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjae:v:10:y:2011:i:4:p:23-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.