Energy consumption and economic growth: New evidence from the OECD countries

作者: Giray Gozgor , Chi Keung Marco Lau , Zhou Lu , None

DOI: 10.1016/J.ENERGY.2018.03.158

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摘要: This paper introduces a growth model that considers the indicator of economic complexity as a measure of capabilities for exporting the high value-added (sophisticated) products. Empirically, the paper analyzes the effects of the renewable and the non-renewable energy consumption on the economic growth in the panel data of 29 Organization for Economic Co-operation and Development (OECD) countries for the period from 1990 to 2013. For this purpose, the paper considers the panel autoregressive distributed lag (ARDL) and the panel …

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