The Relationship between Energy Consumption and Economic Growth: the case of Brazil, India and China.
| Autor: | Yi-Yu Huang, 黃怡瑜 |
|---|---|
| Rok vydání: | 2008 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 96 International energy crisis and greenhouse effects make the consciousness of global environmental protection attract attention. However energy arguably plays a vital role in economic development. That is, is restraining energy consumption without compromising economic growth feasible in Brazil, India and China? This study focuses on the causal relationship between energy consumption and GDP by employing Threshold Error Correction Model. The results show that there is unidirectional causality from GDP to energy consumption in Brazil due to it is regarded as equally important by agriculture and industry, the natural resources in Brazil enrich and create the technological innovation then develop alternative energy source. This moment will not damage the economic growth to adopt the energy conservation policy. The energy consumption and GDP are neutral in Indian, because industry its take GDP to be rate lower for a long time, make the emission of carbon dioxide less too, if it might not hinder Indian economic development to adopt the energy conservation policy. There is unidirectional causality from energy consumption to GDP in China. China''s economic system is to take heavy industry, the carbon dioxide is relatively tall in emission, and China lacks researching and energy service efficiency of regenerated energy technology, if adopt the energy conservation policy will be influence of reverse side to economic development. The result is offered investors draft the investment tactics, and be considered by the government to frame macroeconomic policies. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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