Authors
Anis Omri
Publication date
2014/10/1
Source
Renewable and Sustainable Energy Reviews
Volume
38
Pages
951-959
Publisher
Pergamon
Description
In this paper, an extensive review of the rapidly growing in the literature on the nexus between economic growth and four types of energy consumption: total energy consumption, electricity consumption, nuclear consumption, and renewable consumption. The various hypotheses associated with the causal interaction between these variables along with a survey of the empirical literature are also discussed. The survey focuses on country coverage, periods, modeling techniques, and empirical conclusions. A general observation from these studies that results are found to be sensitive to methodology and type of energy considered. The empirical results for the specific countries surveyed show that (i) for energy consumption-growth nexus: 29% supported the growth hypothesis, 27% the feedback hypothesis, 23% the conservation hypothesis, and 21% the neutrality hypothesis; (ii) for the electricity consumption-growth …
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