Examining the asymmetric effects of energy intensity in low‐ versus high‐income economies: New evidence using common correlated effects approach
Author
Abstract
Suggested Citation
DOI: 10.1111/1477-8947.12380
Download full text from publisher
References listed on IDEAS
- Topcu, Ebru & Altinoz, Buket & Aslan, Alper, 2020. "Global evidence from the link between economic growth, natural resources, energy consumption, and gross capital formation," Resources Policy, Elsevier, vol. 66(C).
- Azam, Anam & Ateeq, Muhammad & Shafique, Muhammad & Rafiq, Muhammad & Yuan, Jiahai, 2023. "Primary energy consumption-growth nexus: The role of natural resources, quality of government, and fixed capital formation," Energy, Elsevier, vol. 263(PA).
- Tamara Burdisso & Maximo Sangiacomo, 2016.
"Panel time series: Review of the methodological evolution,"
Stata Journal, StataCorp LLC, vol. 16(2), pages 424-442, June.
- Tamara Burdisso & Máximo Sangiácomo, 2015. "Panel Time Series. Review of the Methodological Evolution," BCRA Working Paper Series 201568, Central Bank of Argentina, Economic Research Department.
- Joakim Westerlund & David L. Edgerton, 2008.
"A Simple Test for Cointegration in Dependent Panels with Structural Breaks,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(5), pages 665-704, October.
- Westerlund, Joakim & Edgerton, David, 2006. "Simple Tests for Cointegration in Dependent Panels with Structural Breaks," Working Papers 2006:13, Lund University, Department of Economics, revised 28 Jan 2007.
- Pedroni, Peter, 2004.
"Panel Cointegration: Asymptotic And Finite Sample Properties Of Pooled Time Series Tests With An Application To The Ppp Hypothesis,"
Econometric Theory, Cambridge University Press, vol. 20(3), pages 597-625, June.
- Peter Pedroni, 2004. "Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis," Department of Economics Working Papers 2004-15, Department of Economics, Williams College.
- Namahoro, J.P. & Nzabanita, J. & Wu, Q., 2021. "The impact of total and renewable energy consumption on economic growth in lower and middle- and upper-middle-income groups: Evidence from CS-DL and CCEMG analysis," Energy, Elsevier, vol. 237(C).
- Shemelis Kebede Hundie & Megersa Debela Daksa, 2019. "Does energy-environmental Kuznets curve hold for Ethiopia? The relationship between energy intensity and economic growth," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-21, December.
- Smyth, Russell & Narayan, Paresh Kumar, 2015. "Applied econometrics and implications for energy economics research," Energy Economics, Elsevier, vol. 50(C), pages 351-358.
- Deichmann, Uwe & Reuter, Anna & Vollmer, Sebastian & Zhang, Fan, 2019. "The relationship between energy intensity and economic growth: New evidence from a multi-country multi-sectorial dataset," World Development, Elsevier, vol. 124(C), pages 1-1.
- Joakim Westerlund, 2007.
"Testing for Error Correction in Panel Data,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
- Westerlund, Joakim, 2005. "Testing for Error Correction in Panel Data," Working Papers 2005:11, Lund University, Department of Economics.
- Westerlund, J., 2006. "Testing for error correction in panel data," Research Memorandum 056, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Kao, Chihwa, 1999. "Spurious regression and residual-based tests for cointegration in panel data," Journal of Econometrics, Elsevier, vol. 90(1), pages 1-44, May.
- Narayan, Seema, 2016. "Predictability within the energy consumption–economic growth nexus: Some evidence from income and regional groups," Economic Modelling, Elsevier, vol. 54(C), pages 515-521.
- Ockwell, David G., 2008. "Energy and economic growth: Grounding our understanding in physical reality," Energy Policy, Elsevier, vol. 36(12), pages 4600-4604, December.
- Wang, Qiang & Wang, Lili, 2020. "Renewable energy consumption and economic growth in OECD countries: A nonlinear panel data analysis," Energy, Elsevier, vol. 207(C).
- Ayoub Zeraibi & Daniel Balsalobre-Lorente & Khurram Shehzad, 2020. "Examining the Asymmetric Nexus between Energy Consumption, Technological Innovation, and Economic Growth; Does Energy Consumption and Technology Boost Economic Development?," Sustainability, MDPI, vol. 12(21), pages 1-17, October.
- Chen, Chaoyi & Pinar, Mehmet & Stengos, Thanasis, 2020. "Renewable energy consumption and economic growth nexus: Evidence from a threshold model," Energy Policy, Elsevier, vol. 139(C).
- Peter Pedroni, 1999.
"Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(S1), pages 653-670, November.
- Peter Pedroni, 1999. "Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors," Department of Economics Working Papers 2000-02, Department of Economics, Williams College.
- Zsuzsanna Csereklyei & M. d. Mar Rubio-Varas & David I. Stern, 2016.
"Energy and Economic Growth: The Stylized Facts,"
The Energy Journal, , vol. 37(2), pages 223-256, April.
- Zsuzsanna Csereklyei, M. d. Mar Rubio-Varas, and David I. Stern, 2016. "Energy and Economic Growth: The Stylized Facts," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
- Zsuzsanna Csereklyei & Maria del Mar Rubio Varas & David I. Stern, 2014. "Energy and Economic Growth: The Stylized Facts," CCEP Working Papers 1417, Centre for Climate & Energy Policy, Crawford School of Public Policy, The Australian National University.
- Csereklyei, Zszsanna & Varas, Mar Rubio & Stern, David I., 2014. "Energy and Economic Growth: The Stylized Facts," Working Papers 249502, Australian National University, Centre for Climate Economics & Policy.
- Sarwar, Suleman, 2022. "Impact of energy intensity, green economy and blue economy to achieve sustainable economic growth in GCC countries: Does Saudi Vision 2030 matters to GCC countries," Renewable Energy, Elsevier, vol. 191(C), pages 30-46.
- Blomquist, Johan & Westerlund, Joakim, 2013.
"Testing slope homogeneity in large panels with serial correlation,"
Economics Letters, Elsevier, vol. 121(3), pages 374-378.
- Blomquist, Johan & Westerlund, Joakim, 2014. "Testing slope homogeneity in large panels with serial correlation," Working Papers fe_2014_04, Deakin University, Department of Economics.
- M. Hashem Pesaran, 2006.
"Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure,"
Econometrica, Econometric Society, vol. 74(4), pages 967-1012, July.
- M. Hashem Pesaran, 2004. "Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure," CESifo Working Paper Series 1331, CESifo.
- David I. Stern and Astrid Kander, 2012.
"The Role of Energy in the Industrial Revolution and Modern Economic Growth,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- David I. Stern & Astrid Kander, 2012. "The Role of Energy in the Industrial Revolution and Modern Economic Growth," The Energy Journal, , vol. 33(3), pages 125-152, July.
- David I. Stern & Astrid Kander, 2011. "The Role of Energy in the Industrial Revolution and Modern Economic Growth," CAMA Working Papers 2011-01, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Stern, David I., 1993. "Energy and economic growth in the USA : A multivariate approach," Energy Economics, Elsevier, vol. 15(2), pages 137-150, April.
- Jingqi Sun & Jing Shi & Boyang Shen & Shuqing Li & Yuwei Wang, 2018. "Nexus among Energy Consumption, Economic Growth, Urbanization and Carbon Emissions: Heterogeneous Panel Evidence Considering China’s Regional Differences," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
- Díaz, Antonia & Marrero, Gustavo A. & Puch, Luis A. & Rodríguez, Jesús, 2019.
"Economic growth, energy intensity and the energy mix,"
Energy Economics, Elsevier, vol. 81(C), pages 1056-1077.
- Díaz, Antonia & Marrero, Gustavo & Puch, Luis A. & Rodríguez, Jesús, 2019. "Economic Growth, Energy Intensity and the Energy Mix," UC3M Working papers. Economics 28461, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Wang, Qiang & Dong, Zequn & Li, Rongrong & Wang, Lili, 2022. "Renewable energy and economic growth: New insight from country risks," Energy, Elsevier, vol. 238(PC).
- repec:bla:obuest:v:61:y:1999:i:0:p:653-70 is not listed on IDEAS
- Tore Bersvendsen & Jan Ditzen, 2021. "Testing for slope heterogeneity in Stata," Stata Journal, StataCorp LLC, vol. 21(1), pages 51-80, March.
- Samuel A Sarkodie & Evans B Ntiamoah & Dongmei Li, 2019. "Panel heterogeneous distribution analysis of trade and modernized agriculture on CO2 emissions: The role of renewable and fossil fuel energy consumption," Natural Resources Forum, Blackwell Publishing, vol. 43(3), pages 135-153, August.
- Burke, Paul J. & Csereklyei, Zsuzsanna, 2016.
"Understanding the energy-GDP elasticity: A sectoral approach,"
Energy Economics, Elsevier, vol. 58(C), pages 199-210.
- Paul J. Burke & Zsuzsanna Csereklyei, 2016. "Understanding the energy-GDP elasticity: A sectoral approach," CAMA Working Papers 2016-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Lin, Boqiang & Abudu, Hermas, 2019. "Changes in Energy Intensity During the development Process:Evidence in Sub-Saharan Africa and Policy Implications," Energy, Elsevier, vol. 183(C), pages 1012-1022.
- Bilgili, Faik & Koçak, Emrah & Bulut, Ümit & Kuloğlu, Ayhan, 2017. "The impact of urbanization on energy intensity: Panel data evidence considering cross-sectional dependence and heterogeneity," Energy, Elsevier, vol. 133(C), pages 242-256.
- Jinjin Zhou & Zenglin Ma & Taoyuan Wei & Chang Li, 2021. "Threshold Effect of Economic Growth on Energy Intensity—Evidence from 21 Developed Countries," Energies, MDPI, vol. 14(14), pages 1-12, July.
- Kander, Astrid & Warde, Paul & Teives Henriques, Sofia & Nielsen, Hana & Kulionis, Viktoras & Hagen, Sven, 2017. "International Trade and Energy Intensity During European Industrialization, 1870–1935," Ecological Economics, Elsevier, vol. 139(C), pages 33-44.
- Samuelson, Ralph D., 2014. "The unexpected challenges of using energy intensity as a policy objective: Examining the debate over the APEC energy intensity goal," Energy Policy, Elsevier, vol. 64(C), pages 373-381.
- Azhgaliyeva, Dina & Liu, Yang & Liddle, Brantley, 2020. "An empirical analysis of energy intensity and the role of policy instruments," Energy Policy, Elsevier, vol. 145(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Khang Yi Sim & Siok Kun Sek, 2024. "Unveiling the asymmetric energy-growth nexus in top oil-importing and exporting countries: The common correlated effects approach," Energy & Environment, , vol. 35(2), pages 539-568, March.
- Eibinger, Tobias & Deixelberger, Beate & Manner, Hans, 2024. "Panel data in environmental economics: Econometric issues and applications to IPAT models," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
- Jin, Taeyoung, 2022. "Impact of heat and electricity consumption on energy intensity: A panel data analysis," Energy, Elsevier, vol. 239(PA).
- Abdilahi Ali & Baris Alpaslan, 2013. "Do Migrant Remittances Complement Domestic Investment? New Evidence from Panel Cointegration," Economics Discussion Paper Series 1308, Economics, The University of Manchester.
- Hussain, Muzzammil & Ye, ZhiWei & Usman, Muhammad & Mir, Ghulam Mustafa & Usman, Ahmad & Abbas Rizvi, Syed Kumail, 2020. "Re-investigation of the resource curse hypothesis: The role of political institutions and energy prices in BRIC countries," Resources Policy, Elsevier, vol. 69(C).
- Eberhardt, Markus & Teal, Francis, 2008.
"Modeling technology and technological change in manufacturing: how do countries differ?,"
MPRA Paper
10690, University Library of Munich, Germany.
- Francis Teal & Markus Eberhardt, 2010. "Productivity Analysis in Global Manufacturing Production," Economics Series Working Papers 515, University of Oxford, Department of Economics.
- Markus Eberhardt & Francis Teal, 2008. "Modeling Technology and Technological Change in Manufacturing: How do Countries Differ?," CSAE Working Paper Series 2008-12, Centre for the Study of African Economies, University of Oxford.
- Markus Eberhardt & Francis Teal, 2010. "Productivity Analysis in Global Manufacturing Production," DEGIT Conference Papers c015_019, DEGIT, Dynamics, Economic Growth, and International Trade.
- Abdelaziz Boukhelkhal, 2022. "Energy use, economic growth and CO2 emissions in Africa: does the environmental Kuznets curve hypothesis exist? New evidence from heterogeneous panel under cross-sectional dependence," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 13083-13110, November.
- Pablo-Romero, María P. & Pozo-Barajas, Rafael & Washburn, Christian, 2024. "Productive electricity and non-electricity consumption effects on economic growth: A Latin America analysis," Energy, Elsevier, vol. 305(C).
- Murat Cetin & Ilhan Ozturk & Sevgi Sumerli Sarigul & Muntasir Murshed & Emine Kilavuz, 2025. "Nexus between technological innovation and environmental pollution in selected OECD countries," Natural Resources Forum, Blackwell Publishing, vol. 49(1), pages 841-862, February.
- Dierk Herzer, 2024. "A panel data analysis of the long-run effect of environmental taxes on R&D expenditures at the macro-level," Economics Bulletin, AccessEcon, vol. 44(3), pages 1169-1180.
- Gautam, Tej K. & Paudel, Krishna P., 2018. "The demand for natural gas in the Northeastern United States," Energy, Elsevier, vol. 158(C), pages 890-898.
- Dierk Herzer & Holger Strulik & Sebastian Vollmer, 2012.
"The long-run determinants of fertility: one century of demographic change 1900–1999,"
Journal of Economic Growth, Springer, vol. 17(4), pages 357-385, December.
- Dierk Herzery & Holger Strulik & Sebastian Vollmer, 2010. "The Long-run Determinants of Fertility: One Century of Demographic Change 1900-1999," PGDA Working Papers 6310, Program on the Global Demography of Aging.
- Herzer, Dierk & Strulik, Holger & Vollmer, Sebastian, 2010. "The Long-run Determinants of Fertility: One Century of Demographic Change 1900-1999," Hannover Economic Papers (HEP) dp-456, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
- Mehmet Balcilar & Ojonugwa Usman & George N. Ike, 2023. "Investing green for sustainable development without ditching economic growth," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 728-743, April.
- Tiwari, Sunil & Mentel, Grzegorz & Si Mohammed, Kamel & Rehman, Mohd Ziaur & Lewandowska, Anna, 2024. "Unveiling the role of natural resources, energy transition and environmental policy stringency for sustainable environmental development: Evidence from BRIC +1," Resources Policy, Elsevier, vol. 96(C).
- Rajbhandari, Ashish & Zhang, Fan, 2018.
"Does energy efficiency promote economic growth? Evidence from a multicountry and multisectoral panel dataset,"
Energy Economics, Elsevier, vol. 69(C), pages 128-139.
- Rajbhandari,Ashish & Zhang,Fan, 2017. "Does energy efficiency promote economic growth? : evidence from a multi-country and multi-sector panel data set," Policy Research Working Paper Series 8077, The World Bank.
- In Choi, 2012. "Panel Cointegration," Working Papers 1208, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
- Khanna, Rupika & Sharma, Chandan, 2021. "Does infrastructure stimulate total factor productivity? A dynamic heterogeneous panel analysis for Indian manufacturing industries," The Quarterly Review of Economics and Finance, Elsevier, vol. 79(C), pages 59-73.
- Markus Eberhardt & Francis Teal, 2011.
"Econometrics For Grumblers: A New Look At The Literature On Cross‐Country Growth Empirics,"
Journal of Economic Surveys, Wiley Blackwell, vol. 25(1), pages 109-155, February.
- Markus Eberhardt & Francis Teal, 2009. "Econometrics for Grumblers: A New Look at the Literature on Cross-Country Growth Empirics," CSAE Working Paper Series 2009-07, Centre for the Study of African Economies, University of Oxford.
- Eberhardt, Markus & Teal, Francis, 2009. "Econometrics for Grumblers: A New Look at the Literature on Cross-Country Growth Empirics," MPRA Paper 15813, University Library of Munich, Germany.
- Skare, Marinko & Ozturk, Ilhan & Porada-Rochoń, Małgorzata & Stjepanovic, Sasa, 2024. "Energy as the new frontier: Dynamic panel data analysis revealing energy's transformative role in economic growth and technological progress," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
- Mounir Dahmani & Mohamed Mabrouki & Adel Ben Youssef, 2022.
"ICT, trade openness and economic growth in Tunisia: what is going wrong?,"
Economic Change and Restructuring, Springer, vol. 55(4), pages 2317-2336, November.
- Mounir Dahmani & Mohamed Mabrouki & Adel Ben Youssef, 2022. "ICT, trade openness and economic growth in Tunisia: what is going wrong?," Post-Print halshs-03593470, HAL.
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:wly:natres:v:49:y:2025:i:1:p:274-304. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1477-8947 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.