2013
DOI: 10.1063/1.4802944
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The relationship between economic growth and biomass energy consumption in some European countries

Abstract: In this paper, the causality analysis between biomass energy consumption and economic growth was investigated in the selected 10 countries by using Autoregressive Distributed Lag bounds testing approach and vector error-correction models. Annual data cover the period from 1960 to 2010. The short run, long run, and strong causality results suggest that there is unidirectional causality from Y to biomass energy consumption for Austria and Turkey, and there is unidirectional causality from biomass energy consumpt… Show more

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Cited by 59 publications
(20 citation statements)
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References 23 publications
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“…A 1 percent increase in biomass energy consumption leads economic growth by 0.601 percent keeping other things same in the long run production function. This long run finding is consistent with the recent studies of Payne [62] for US economy, Bildirici [13] for Bolivia, Brazil, Chile, Colombia, and Guatemala, Bildirici and Özaksoy [15] for European countries, Bildirici [14] for transition economies and, Ozturk and Bilgili [57] for Sub-Saharan African countries. Economic growth is positively linked with capital use and it is also statistically significant at 1% level.…”
Section: Results and Their Interpretationssupporting
confidence: 81%
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“…A 1 percent increase in biomass energy consumption leads economic growth by 0.601 percent keeping other things same in the long run production function. This long run finding is consistent with the recent studies of Payne [62] for US economy, Bildirici [13] for Bolivia, Brazil, Chile, Colombia, and Guatemala, Bildirici and Özaksoy [15] for European countries, Bildirici [14] for transition economies and, Ozturk and Bilgili [57] for Sub-Saharan African countries. Economic growth is positively linked with capital use and it is also statistically significant at 1% level.…”
Section: Results and Their Interpretationssupporting
confidence: 81%
“…biomass energy consumption causes economic growth and in resulting, economic growth causes biomass energy consumption in Granger sense. This finding is consistent with the recent findings of Bildirici and Özaksoy [15], and Bildirici [13] who noted the feedback effect existing between biomass energy consumption and economic growth but found to be contradictory with the result of Payne [62] who reported that economic growth is outcome of biomass energy consumption. Moreover, the feedback effect exists between capital use and biomass energy consumption.…”
Section: Results and Their Interpretationssupporting
confidence: 71%
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“…(1) Clustering, fuzzy system evaluation: cluster analysis; Pattern recognition; Fuzzy integral and the related system evaluation [4][5].…”
Section: The Proposed Methodologymentioning
confidence: 99%
“…-1452 tries. Furthermore, biomass energy consumption constitutes more than 90% of the total rural energy supplies in developing countries [5]. Recognizing the role of the biomass, many developing countries plan to use its potential for achieving sustainable development.…”
Section: Introductionmentioning
confidence: 99%