The Energy-GDP Nexus in EU Countries

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00075186" target="_blank" >RIV/00216224:14560/13:00075186 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The Energy-GDP Nexus in EU Countries

Original language description

The neutrality hypothesis between the energy consumption and the economic activity is examined for the panel of EU-27 countries and selected sub-panels. The causality runs from the energy consumption to the GDP for the EU-27, but the causality from the GDP to the energy consumption cannot be confirmed. The evidence therefore speaks for the rejection of the neutrality hypothesis in favor of the growth hypothesis. These results differ between the original (EU-15) and the new EU member countries (EU-12). In the original member countries, there is a tendency to increase the economic growth with the energy consumption savings. In the new member countries a negative impact of the energy consumption savings on the economic growth is found. Examining the sectoral energy consumption, the main drivers of the causality in the relationship are identified as the residential sector, industry and services.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Energy Studies Review

ISSN

0843-4379

e-ISSN

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Volume of the periodical

20

Issue of the periodical within the volume

2

Country of publishing house

CA - CANADA

Number of pages

23

Pages from-to

1-23

UT code for WoS article

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EID of the result in the Scopus database

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