On Biomass Energy Consumption and Real Output in the US

• Published in: Energy sources. Part B, Economics, planning and policy Vol. 6; no. 1; pp. 47 - 52
• Main Author: Payne, J. E.
• Format: Journal Article
• Language: English
• 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

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...