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The renewable energy consumption by sectors and household income growth in the United States

机译：美国部门和家庭收入增长的可再生能源消耗

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摘要

In the United States, and in most countries, the real Gross Domestic Product grows at a faster pace than the real household income, thus the two indicators could potentially pose dissimilar information. Hence, the study considers the suitability of modeling the United States real disposable personal income (per capita) with the renewable energy consumption across the main sectors: electric and power, industrial and transportation, and residential and commercial. By employing the dynamic Autoregressive Distributed Lag (ARDL) approach, there is a significant and long-run increase in income (real disposable income) growth caused by a percent increase in the renewables consumed by the industrial sector during the examined period 1973:Q1-2018: Q2. The growth observed in the real growth disposable income with respect to the respective increase in renewable energy consumption in residential and commercial, electric and power is significantly more than the income growth. Similarly, the short-run dynamic is significant, like the Granger causality with feedback between income growth and industrial consumption. Granger causality also exists from the real disposable personal income to electric and powers sector consumption of renewable energy with feedback. The study proffers sustainable social and renewable energy mix policies for the United States.
机译：在美国，在大多数国家，国内生产总值比真正的家庭收入更快地增长，因此两个指标可能会造成异议的信息。因此，该研究考虑了美国实际一次性个人收入（人均）与主要部门的可再生能源消耗建模的适合性：电力，工业和运输以及住宅和商业。通过采用动态自回归分布式滞后（ARDL）方法，收入（实际可支配收入）的显着和长期增加（实际可支配收入）增长率造成的，工业部门在审查期间在1973年期间消费的可再生能源增加：Q1- 2018：Q2。在实际增长的可支配收入中观察到的增长率在住宅和商业，电力和权力中的可再生能源消耗增加，比收入增长大幅增加。同样，短期动态是重要的，如Granger因果关系，具有收入增长和工业消费的反馈。 Granger因果关系也存在于实际的一次性个人收入到电力和权力的可再生能源的渠道消费，反馈。该研究专业资助美国可持续的社会和可再生能源混合政策。

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