Economic Growth, Carbon Dioxide Emissions, Renewable Energy and Globalization


Abstract views: 164 / PDF downloads: 169

Authors

  • Nuno Carlos Leitão

Abstract

This article investigates the correlation between economic growth, carbon dioxide emissions, renewable energy and globalization for the period 1970-2010, using time series (OLS, GMM, unit root test, VEC model, and Granger causality) to Portuguese economy. OLS estimator and GMM model demonstrate that carbon dioxide emissions and renewable energy are positively correlated with economic growth. The econometric models also show that the overall index of globalization has a positive effect on growth. The Granger causality reports a unidirectional causality between renewable energy and economic growth. Keywords: Economic growth; renewable energy; globalization. JEL Classifications: C13; F10; Q20

Downloads

Download data is not yet available.

Downloads

Published

2014-05-31

How to Cite

Leitão, N. C. (2014). Economic Growth, Carbon Dioxide Emissions, Renewable Energy and Globalization. International Journal of Energy Economics and Policy, 4(3), 391–399. Retrieved from https://econjournals.com/index.php/ijeep/article/view/830

Issue

Vol. 4 No. 3 (2014)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.