Energy and economic growth. An empirical analysis
This study investigates the interrelation between energy and economic growth for USA covering the time period from 1975 to 2017. Ordinary least squares method and the essential diagnostic tests are applied in order to examine the possible existence of autocorrelation, specification, heteroscedastici...
| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2021-03-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1523.pdf
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| _version_ | 1819203758199930880 |
|---|---|
| author | Antonios ADAMOPOULOS |
| author_facet | Antonios ADAMOPOULOS |
| author_sort | Antonios ADAMOPOULOS |
| collection | DOAJ |
| description | This study investigates the interrelation between energy and economic growth for USA
covering the time period from 1975 to 2017. Ordinary least squares method and the essential
diagnostic tests are applied in order to examine the possible existence of autocorrelation,
specification, heteroscedasticity and normality tests for residuals of estimated equation model. The
empirical results of this study indicated that there is a linear and positive relationship between
energy and economic growth for USA. |
| first_indexed | 2024-12-23T04:25:00Z |
| format | Article |
| id | doaj.art-abf7d0de15c54824a2b58ddef7cfee3f |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-12-23T04:25:00Z |
| publishDate | 2021-03-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-abf7d0de15c54824a2b58ddef7cfee3f2022-12-21T18:00:08ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292021-03-01XXVIII115116618418678Energy and economic growth. An empirical analysisAntonios ADAMOPOULOS0 University of Western Macedonia, Greece This study investigates the interrelation between energy and economic growth for USA covering the time period from 1975 to 2017. Ordinary least squares method and the essential diagnostic tests are applied in order to examine the possible existence of autocorrelation, specification, heteroscedasticity and normality tests for residuals of estimated equation model. The empirical results of this study indicated that there is a linear and positive relationship between energy and economic growth for USA. http://store.ectap.ro/articole/1523.pdf energyeconomic growthordinary least squares methodunit roots theory |
| spellingShingle | Antonios ADAMOPOULOS Energy and economic growth. An empirical analysis Theoretical and Applied Economics energy economic growth ordinary least squares method unit roots theory |
| title | Energy and economic growth. An empirical analysis |
| title_full | Energy and economic growth. An empirical analysis |
| title_fullStr | Energy and economic growth. An empirical analysis |
| title_full_unstemmed | Energy and economic growth. An empirical analysis |
| title_short | Energy and economic growth. An empirical analysis |
| title_sort | energy and economic growth an empirical analysis |
| topic | energy economic growth ordinary least squares method unit roots theory |
| url |
http://store.ectap.ro/articole/1523.pdf
|
| work_keys_str_mv | AT antoniosadamopoulos energyandeconomicgrowthanempiricalanalysis |