期刊
ENERGY POLICY
卷 37, 期 6, 页码 2214-2220出版社
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2009.01.048
关键词
Energy consumption; Industrial production; Causality
This paper tries to assess the relationship between disaggregate energy consumption and industrial output in South Africa by undertaking a cointegration analysis using annual data from 1980 to 2005. We also investigate the causal relationships between the various disaggregate forms of energy consumption and industrial production. Our results imply that industrial production and employment are long-run forcing variables for electricity consumption. Applying the [Toda, H.Y., Yamamoto, T., 1995. Statistical inference in vector autoregressions with possibly integrated processes. journal of Econometrics 66, 225-250] technique to Granger-causality, we find bi-directional causality between oil consumption and industrial production. For the other forms of energy consumption, there is evidence in support of the energy neutrality hypothesis. There is also evidence of causality between employment and electricity consumption as well as coal consumption causing employment. (C) 2009 Elsevier Ltd. All rights reserved.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据