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A note on the long-run elasticities from the energy consumption-GDP relationship

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  • Narayan, Paresh Kumar
  • Narayan, Seema
  • Popp, Stephan

Abstract

The goal of this paper is to examine the long-run elasticities of the impacts of energy consumption on GDP and GDP on energy consumption. The energy consumption-GDP relationship is amongst the most popular relationships examined in the energy economics literature. The bulk of the extant literature has assumed a positive relationship between energy consumption and real GDP. Our analysis shows that in only around 60% of the countries considered the relationship is positive.

Suggested Citation

  • Narayan, Paresh Kumar & Narayan, Seema & Popp, Stephan, 2010. "A note on the long-run elasticities from the energy consumption-GDP relationship," Applied Energy, Elsevier, vol. 87(3), pages 1054-1057, March.
    • Handle: RePEc:eee:appene:v:87:y:2010:i:3:p:1054-1057
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    C22 Energy consumption Real GDP Long-run;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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