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On energy consumption and GDP studies; A meta-analysis of the last two decades

机译:关于能源消耗和国内生产总值的研究;最近二十年的荟萃分析

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The relationship between energy consumption and GDP growth has been intensely examined in multiple frameworks set by various methods and countries. This paper is a meta-analysis of 51 studies published in the last two decades, with worldwide data since 1949, on the relationship between energy consumption and GDP growth. The aim is to systemize some of the factors that cause the variation of results in these studies. Our results yield evidence that the long run elasticity of GDP growth with respect to energy consumption is not independent of the method employed for cointegration, the data type and the inclusion of variables such as the price level or capital in the cointegration equation. Also 1% increase in capital, increases the elasticity of GDP with respect to energy consumption by 0.85%.
机译:能源消耗与GDP增长之间的关系已在各种方法和国家设定的多个框架中得到了深入研究。本文是对过去二十年来发表的51项研究的荟萃分析,其中包括1949年以来的全球数据,这些数据涉及能源消耗与GDP增长之间的关系。目的是系统化一些导致这些研究结果差异的因素。我们的结果表明,就能源消耗而言,GDP增长的长期弹性并不独立于协整方法,数据类型以及协整方程中包含价格水平或资本等变量。资本增加1%,相对于能源消耗的GDP弹性也增加0.85%。

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