Cointegration, error-correction, and the relationship between GDP and energy: the case of South Korea and Singapore
Article Abstract:
A standard Granger causality test was employed to determine the existence of causality between energy consumption and gross domestic product (GDP) for South Korea and Singapore. Results reveal an absence of causality between GDP and energy consumption for South Korea and unidirectional causality from energy utilization to GDP for Singapore. Error-correction and cointegration models show a two-directional causal relationship between GDP and energy utilization for both South Korea and Singapore.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1998
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Estimating elasticities of residential energy demand from panel county data using dynamic random variables models with heteroskedatic and correlated error terms
Article Abstract:
From data taken of residential energy consumption in California counties as affected by variations resulting from changes in prices, income, and weather, an estimation is attempted using random heterogeneity and removing inherent bias.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 2000
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The impacts of weather variations on energy demand and carbon emisssions
Article Abstract:
Study showed that warmer weather in the U.S. lowers energy use and consequently reduces carbon emissions. Fluctuations in carbon emissions are due to climate changes.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 2000
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