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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).
  • Handle: RePEc:ags:jrapmc:132432
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    References listed on IDEAS

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    Cited by:

    1. Shahbaz, Muhammad, 2015. "Measuring Economic Cost of Electricity Shortage: Current Challenges and Future Prospects in Pakistan," MPRA Paper 67164, University Library of Munich, Germany, revised 12 Oct 2015.
    2. 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.
    3. Lester, T. William & Little, Mark G. & Jolley, G. Jason, 2015. "Assessing the Economic Impact of Alternative Biomass Uses: Biofuels, Wood Pellets, and Energy Production," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 45(1).
    4. repec:eee:eneeco:v:68:y:2017:i:c:p:548-565 is not listed on IDEAS
    5. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Hammoudeh, Shawkat & Shahzad, Syed Jawad Hussain, 2017. "Bounds Testing Approach to Analyzing the Environment Kuznets Curve Hypothesis: The Role of Biomass Energy Consumption in the United States with Structural Breaks," MPRA Paper 81840, University Library of Munich, Germany, revised 07 Oct 2017.

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