A note on the long-run elasticities from the energy consumption-GDP relationship

Paresh Kumar Narayan, Seema Narayan, Stephan Popp

Research output: Contribution to journalArticleResearchpeer-review

79 Citations (Scopus)

Abstract

The goal of this paper is to examine the long-run elasticities of the impacts of energy consumption on GDP and GDP on energy consumption. The energy consumption-GDP relationship is amongst the most popular relationships examined in the energy economics literature. The bulk of the extant literature has assumed a positive relationship between energy consumption and real GDP. Our analysis shows that in only around 60% of the countries considered the relationship is positive.

Original languageEnglish
Pages (from-to)1054-1057
Number of pages4
JournalApplied Energy
Volume87
Issue number3
DOIs
Publication statusPublished - Mar 2010
Externally publishedYes

Keywords

  • C22
  • Energy consumption
  • Long-run
  • Real GDP

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