The Renewable Energy Consumption-Growth Nexus in Central America
This study examines the relationship between renewable energy consumption and economic growth for a panel of six Central American countries over the period 1980–2006. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption...
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| Format: | Journal Article |
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Elsevier
2011
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| Online Access: | http://hdl.handle.net/20.500.11937/9519 |
| _version_ | 1848745972965834752 |
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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 renewable energy consumption and economic growth for a panel of six Central American countries over the period 1980–2006. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results from the panel error correction model indicate bidirectional causality between renewable energy consumption and economic growth in both the short- and long-run. |
| first_indexed | 2025-11-14T06:25:51Z |
| format | Journal Article |
| id | curtin-20.500.11937-9519 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:25:51Z |
| publishDate | 2011 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-95192017-09-13T14:48:44Z The Renewable Energy Consumption-Growth Nexus in Central America Apergis, Nicholas Payne, J. Panel unit root and cointegration tests Growth Renewable energy consumption Granger-causality Panel error correction model Central America This study examines the relationship between renewable energy consumption and economic growth for a panel of six Central American countries over the period 1980–2006. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The results from the panel error correction model indicate bidirectional causality between renewable energy consumption and economic growth in both the short- and long-run. 2011 Journal Article http://hdl.handle.net/20.500.11937/9519 10.1016/j.apenergy.2010.07.013 Elsevier restricted |
| spellingShingle | Panel unit root and cointegration tests Growth Renewable energy consumption Granger-causality Panel error correction model Central America Apergis, Nicholas Payne, J. The Renewable Energy Consumption-Growth Nexus in Central America |
| title | The Renewable Energy Consumption-Growth Nexus in Central America |
| title_full | The Renewable Energy Consumption-Growth Nexus in Central America |
| title_fullStr | The Renewable Energy Consumption-Growth Nexus in Central America |
| title_full_unstemmed | The Renewable Energy Consumption-Growth Nexus in Central America |
| title_short | The Renewable Energy Consumption-Growth Nexus in Central America |
| title_sort | renewable energy consumption-growth nexus in central america |
| topic | Panel unit root and cointegration tests Growth Renewable energy consumption Granger-causality Panel error correction model Central America |
| url | http://hdl.handle.net/20.500.11937/9519 |