Economic Growth, Carbon Dioxide Emissions, Renewable Energy and Globalization

Nuno Carlos Leit O
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Nuno Carlos Leit O: Polytechnic Institute of Santar m,ESGTS,Complexo Andaluz, Apt 295-2001-904-Santar m, and CEGAFE-UE, voraUniversity, Portugal.
Authors registered in the RePEc Author Service: Nuno Carlos Leitão

International Journal of Energy Economics and Policy, 2014, vol. 4, issue 3, 391-399

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,VECmodel, 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 (search for similar items in EconPapers)
JEL-codes: C13 F10 Q20 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (35)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2014-03-8

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