Biomass energy consumption and economic growth nexus in OECD countries : a panel analysis

Ajmi, Ahdi Noomen; Inglesi-Lotz, Roula

dc.contributor.author	Ajmi, Ahdi Noomen
dc.contributor.author	Inglesi-Lotz, Roula
dc.date.accessioned	2021-08-31T07:53:32Z
dc.date.issued	2020-12
dc.description.abstract	This paper investigates the relationship between biomass energy consumption and economic growth for 26 OECD countries for 1980 to 2013 period. This study used panel unit root analyses, panel cointegration analyses, dynamic OLS analyses, fully modified OLS analyses and panel VECM Granger causality to examine the relationship. The results reveal the presence of long-run equilibrium relationship between the variables supporting the feedback hypothesis. As policy implication, OECD countries have to improve the biomass energy infrastructure as an important source of renewable energy to promote economic growth.	en_ZA
dc.description.department	Economics	en_ZA
dc.description.embargo	2021-10-02
dc.description.librarian	hj2021	en_ZA
dc.description.uri	http://www.elsevier.com/locate/renene	en_ZA
dc.identifier.citation	Ajmi, A.N. & Inglesi-Lotz, R. 2020, 'Biomass energy consumption and economic growth nexus in OECD countries : a panel analysis', Renewable Energy, vol. 162, pp. 1649-1654.	en_ZA
dc.identifier.issn	0960-1481 (print)
dc.identifier.issn	1879-0682 (online)
dc.identifier.other	10.1016/j.renene.2020.10.002
dc.identifier.uri	http://hdl.handle.net/2263/81550
dc.language.iso	en	en_ZA
dc.publisher	Elsevier	en_ZA
dc.rights	© 2020 Elsevier Ltd. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Renewable Energy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. A definitive version was subsequently published in Renewable Energy, vol. 162, pp. 1649-1654, 2020. doi : 10.1016/j.renene.2020.10.002.	en_ZA
dc.subject	Organisation for Economic Co-operation and Development (OECD)	en_ZA
dc.subject	Biomass energy	en_ZA
dc.subject	Economic growth	en_ZA
dc.subject	Dynamic OLS	en_ZA
dc.subject	Fully modified OLS	en_ZA
dc.subject	Ordinary least squares (OLS)	en_ZA
dc.title	Biomass energy consumption and economic growth nexus in OECD countries : a panel analysis	en_ZA
dc.type	Postprint Article	en_ZA