On Biomass Energy Consumption and Real Output in the US

This empirical note utilizes US annual data from 1949 to 2007 to examine the causal relationship between biomass energy consumption and real gross domestic product (GDP) within a multivariate framework. Toda-Yamamoto causality tests reveal unidirectional causality from biomass energy consumption to...

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Bibliographic Details
Published inEnergy sources. Part B, Economics, planning and policy Vol. 6; no. 1; pp. 47 - 52
Main Author Payne, J. E.
Format Journal Article
LanguageEnglish
Published Taylor & Francis Group 01.01.2011
Subjects
Biomass
biomass energy consumption
Domestic
Economics
Empirical analysis
Energy consumption
Energy sources
Granger-causality
Policies
real GDP
USA
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Summary:This empirical note utilizes US annual data from 1949 to 2007 to examine the causal relationship between biomass energy consumption and real gross domestic product (GDP) within a multivariate framework. Toda-Yamamoto causality tests reveal unidirectional causality from biomass energy consumption to real GDP supportive of the growth hypothesis.
Bibliography:ObjectType-Article-1
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ISSN:1556-7249
1556-7257
DOI:10.1080/15567240903160906