Energy use–GDP deterministic cointegration: progress towards EU-15 Kyoto targets
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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http://dx.doi.org/10.1080/13504851.2015.1037433 |
Metadatos
Título
Energy use–GDP deterministic cointegration: progress towards EU-15 Kyoto targetsFecha de publicación
2015Editor
Taylor & FrancisCita bibliográfica
CAMARERO, Mariam; MENDOZA, Yurena; ORDÓÑEZ MONFORT, Javier. Energy use–GDP deterministic cointegration: progress towards EU-15 Kyoto targets. Applied Economics Letters (2015), v. 22, Issue 18, pp. 1439-1442Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.tandfonline.com/doi/full/10.1080/13504851.2015.1037433Palabras clave / Materias
Resumen
This article examines whether the energy consumption–GDP relationship is in long-term equilibrium for EU-15 countries. Unlike many previous works, we apply a nonlinear unit root test introduced by Kapetanios et al. ... [+]
This article examines whether the energy consumption–GDP relationship is in long-term equilibrium for EU-15 countries. Unlike many previous works, we apply a nonlinear unit root test introduced by Kapetanios et al. (2003a) and extended by Chong et al. (2008) that identifies not only deterministic cointegration, but also the stronger concept of stochastic cointegration. The results yield a clear pattern: Austria, Denmark, Italy, the Netherlands, Portugal and Spain must achieve greater emissions reductions between 2009 and 2012 to reach their respective Kyoto targets. [-]
Publicado en
Applied Economics Letters (2015), v. 22, Issue 18Derechos de acceso
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info:eu-repo/semantics/restrictedAccess
info:eu-repo/semantics/restrictedAccess
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