The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies
This study examines the relationship between coal consumption and economic growth for 15 emerging market economies within a multivariate panel framework over the period 1980–2006. The heterogeneous panel cointegration results indicate there is a long-run equilibrium relationship between real GDP, co...
| Main Authors: | , |
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| Format: | Journal Article |
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Elsevier
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/19868 |
| _version_ | 1848750151859961856 |
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| author | Apergis, Nicholas Payne, J. |
| author_facet | Apergis, Nicholas Payne, J. |
| author_sort | Apergis, Nicholas |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This study examines the relationship between coal consumption and economic growth for 15 emerging market economies within a multivariate panel framework over the period 1980–2006. The heterogeneous panel cointegration results indicate there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. While in the long-run both real gross fixed capital formation and the labor force have a significant positive impact on real GDP, coal consumption has a significant negative impact. The panel causality tests show bidirectional causality between coal consumption and economic growth in both the short- and long-run. |
| first_indexed | 2025-11-14T07:32:17Z |
| format | Journal Article |
| id | curtin-20.500.11937-19868 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:32:17Z |
| publishDate | 2010 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-198682017-09-13T13:48:15Z The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies Apergis, Nicholas Payne, J. Panel Growth Granger-causality Coal consumption This study examines the relationship between coal consumption and economic growth for 15 emerging market economies within a multivariate panel framework over the period 1980–2006. The heterogeneous panel cointegration results indicate there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. While in the long-run both real gross fixed capital formation and the labor force have a significant positive impact on real GDP, coal consumption has a significant negative impact. The panel causality tests show bidirectional causality between coal consumption and economic growth in both the short- and long-run. 2010 Journal Article http://hdl.handle.net/20.500.11937/19868 10.1016/j.apenergy.2009.11.035 Elsevier restricted |
| spellingShingle | Panel Growth Granger-causality Coal consumption Apergis, Nicholas Payne, J. The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title | The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title_full | The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title_fullStr | The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title_full_unstemmed | The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title_short | The Causal Dynamics Between Coal Consumption and Growth: Evidence from Emerging Market Economies |
| title_sort | causal dynamics between coal consumption and growth: evidence from emerging market economies |
| topic | Panel Growth Granger-causality Coal consumption |
| url | http://hdl.handle.net/20.500.11937/19868 |