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

Paresh Narayan (), Seema Narayan () and Stephan Popp

Applied Energy, 2010, vol. 87, issue 3, 1054-1057

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.

Keywords: C22; Energy; consumption; Real; GDP; Long-run (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (49)

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