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dc.contributor.authorGhoshray, Atanu
dc.contributor.authorMendoza, Yurena
dc.contributor.authorMonfort Bellido, Mercedes
dc.contributor.authorOrdóñez, Javier
dc.date.accessioned2019-02-20T10:42:12Z
dc.date.available2019-02-20T10:42:12Z
dc.date.issued2018
dc.identifier.citationGhoshray A, Mendoza Y, Monfort M, Ordoñez J (2018) Re-assessing causality between energy consumption and economic growth. PLoS ONE 13(11): e0205671. https://doi.org/10.1371/ journal.pone.0205671ca_CA
dc.identifier.issn1932-6203
dc.identifier.urihttp://hdl.handle.net/10234/181353
dc.description.abstractThe energy consumption-growth nexus has been widely studied in the empirical literature, though results have been inconclusive regarding the direction, or even the existence, of causality. These inconsistent results can be explained by two important limitations of the literature. First, the use of bivariate models, which fail to detect more complex causal relations, or the ad hoc approach to selecting variables in a multivariate framework; and, second, the use of linear causal models, which are unable to capture more complex nonlinear causal relationships. In this paper, we aim to overcome both limitations by analysing the energy consumption-growth nexus using a Flexible Fourier form due to Enders and Jones (2016). The analysis focuses on the US over the period 1949 to 2014. From our results we can conclude that, where the linear methodology supports the neutrality hypothesis (no causality between energy consumption and growth), the Flexible Fourier form points to the existence of causality from energy consumption to growth. This is contrary to the linear analysis, suggesting that lowering energy consumption would adversely affect US economic growth. Thus, by employing the Flexible Fourier form we find the conclusions can be quite different.ca_CA
dc.format.extent15 p.ca_CA
dc.format.mimetypeapplication/pdfca_CA
dc.language.isoengca_CA
dc.publisherPublic Library of Scienceca_CA
dc.relation.isPartOfPLoS ONE 13(11): e0205671ca_CA
dc.rights© 2018 Ghoshray et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.ca_CA
dc.rightsAtribución 4.0 Internacional*
dc.rights.urihttp://creativecommons.org/licenses/by-sa/4.0/*
dc.titleRe-assessing causality between energy consumption and economic growthca_CA
dc.typeinfo:eu-repo/semantics/articleca_CA
dc.identifier.doihttps://doi.org/10.1371/journal.pone.0205671
dc.relation.projectIDECO2014-58991-C3-2-R ; AEI/ FEDER ECO2017-83255-C3-3-P ; PROMETEO II/2014/053 ; AICO/2016/038 ; P1.1B2014-7 ; UJI-B2017-33ca_CA
dc.rights.accessRightsinfo:eu-repo/semantics/openAccessca_CA
dc.relation.publisherVersionhttps://journals.plos.org/plosone/article?id=10.1371/journal.pone.0205671ca_CA
dc.type.versioninfo:eu-repo/semantics/publishedVersionca_CA


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© 2018 Ghoshray et al. This is an open
access article distributed under the terms of the
Creative Commons Attribution License, which
permits unrestricted use, distribution, and
reproduction in any medium, provided the original
author and source are credited.
Excepto si se señala otra cosa, la licencia del ítem se describe como: © 2018 Ghoshray et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.