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On the dynamics of energy consumption and output in the US

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  • Payne, James E.

Abstract

This note employs US annual data from 1949 to 2006 to compare the causal relationship between renewable and non-renewable energy consumption and real GDP, respectively. Given the sample size of the study, the Toda-Yamamoto causality tests reveal the absence of Granger-causality between renewable or non-renewable energy consumption and real GDP which supports the neutrality hypothesis.

Suggested Citation

  • Payne, James E., 2009. "On the dynamics of energy consumption and output in the US," Applied Energy, Elsevier, pages 575-577.
  • Handle: RePEc:eee:appene:v:86:y:2009:i:4:p:575-577
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    References listed on IDEAS

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