A Panel Study of Nuclear Energy Consumption and Economic Growth
This study examines the relationship between nuclear energy consumption and economic growth for sixteen countries within a multivariate panel framework over the period 1980–2005. Pedroni's (1999, 2004) heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship b...
| 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/20.500.11937/29721 |
| _version_ | 1848752880844013568 |
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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 nuclear energy consumption and economic growth for sixteen countries within a multivariate panel framework over the period 1980–2005. Pedroni's (1999, 2004) heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, nuclear energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results of the panel vector error correction model finds bidirectional causality between nuclear energy consumption and economic growth in the short-run while unidirectional causality from nuclear energy consumption to economic growth in the long-run. Thus, the results provide support for the feedback hypothesis associated with the relationship between nuclear energy consumption and economic growth. |
| first_indexed | 2025-11-14T08:15:39Z |
| format | Journal Article |
| id | curtin-20.500.11937-29721 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:15:39Z |
| publishDate | 2010 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-297212017-09-13T15:25:59Z A Panel Study of Nuclear Energy Consumption and Economic Growth Apergis, Nicholas Payne, J. Panel Growth Granger-causality Nuclear energy This study examines the relationship between nuclear energy consumption and economic growth for sixteen countries within a multivariate panel framework over the period 1980–2005. Pedroni's (1999, 2004) heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, nuclear energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results of the panel vector error correction model finds bidirectional causality between nuclear energy consumption and economic growth in the short-run while unidirectional causality from nuclear energy consumption to economic growth in the long-run. Thus, the results provide support for the feedback hypothesis associated with the relationship between nuclear energy consumption and economic growth. 2010 Journal Article http://hdl.handle.net/20.500.11937/29721 10.1016/j.eneco.2009.09.015 Elsevier restricted |
| spellingShingle | Panel Growth Granger-causality Nuclear energy Apergis, Nicholas Payne, J. A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title | A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title_full | A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title_fullStr | A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title_full_unstemmed | A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title_short | A Panel Study of Nuclear Energy Consumption and Economic Growth |
| title_sort | panel study of nuclear energy consumption and economic growth |
| topic | Panel Growth Granger-causality Nuclear energy |
| url | http://hdl.handle.net/20.500.11937/29721 |