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The failure of Energy-Economy Nexus: A meta-analysis of 104 studies

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  • Hajko, Vladimír

Abstract

Energy-Economy Nexus has produced number of papers with incongruent or even contradictory empirical results. In this article the results of over 100 papers are put to scrutiny. In addition to summarized characteristics of the studies' samples, several machine learning algorithms were used to determine whether there is any fundamental causal relationship between energy consumption and economic growth found in the studies.

Suggested Citation

  • Hajko, Vladimír, 2017. "The failure of Energy-Economy Nexus: A meta-analysis of 104 studies," Energy, Elsevier, vol. 125(C), pages 771-787.
  • Handle: RePEc:eee:energy:v:125:y:2017:i:c:p:771-787
    DOI: 10.1016/j.energy.2017.02.095
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    More about this item

    Keywords

    Energy; GDP; Energy-economy nexus; Meta-analysis; Classification; Machine learning;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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