EconPapers    
Economics at your fingertips  
 

Re-evaluating the energy consumption-economic growth nexus for the United States: An asymmetric threshold cointegration analysis

Stavros Kourtzidis (), Panayiotis Tzeremes and Nickolaos Tzeremes ()

Energy, 2018, vol. 148, issue C, 537-545

Abstract: This paper examines the relationship between energy consumption and economic growth for the United States both at a country and at a sectoral level (Industry, Residential, Electric Power and Transportation) using an asymmetric threshold cointegration approach and monthly data from January 1991 to May 2016. Granger causality tests support a neutrality hypothesis for all sectors, except for the case of total consumption at the country level where a unidirectional causality is running from energy consumption to economic growth.

Keywords: Energy consumption; Economic growth; Threshold cointegration; Asymmetric error correction; United States (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544218302007
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:148:y:2018:i:c:p:537-545

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-04-20
Handle: RePEc:eee:energy:v:148:y:2018:i:c:p:537-545