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

dc.contributor.authorAjmi, Ahdi Noomen
dc.contributor.authorInglesi-Lotz, Roula
dc.contributor.emailroula.inglesi-lotz@up.ac.zaen_ZA
dc.date.accessioned2021-08-31T07:53:32Z
dc.date.issued2020-12
dc.description.abstractThis 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.departmentEconomicsen_ZA
dc.description.embargo2021-10-02
dc.description.librarianhj2021en_ZA
dc.description.urihttp://www.elsevier.com/locate/reneneen_ZA
dc.identifier.citationAjmi, 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.issn0960-1481 (print)
dc.identifier.issn1879-0682 (online)
dc.identifier.other10.1016/j.renene.2020.10.002
dc.identifier.urihttp://hdl.handle.net/2263/81550
dc.language.isoenen_ZA
dc.publisherElsevieren_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.subjectOrganisation for Economic Co-operation and Development (OECD)en_ZA
dc.subjectBiomass energyen_ZA
dc.subjectEconomic growthen_ZA
dc.subjectDynamic OLSen_ZA
dc.subjectFully modified OLSen_ZA
dc.subjectOrdinary least squares (OLS)en_ZA
dc.titleBiomass energy consumption and economic growth nexus in OECD countries : a panel analysisen_ZA
dc.typePostprint Articleen_ZA

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