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The Economics and Econometrics of the Energy-Growth Nexus
A foundational resource and how-to guide to help energy economics researchers understand the econometrics of the energy-growth nexus
Angeliki Menegaki (Edited by)
9780128127469
Paperback / softback, published 22 March 2018
402 pages
23.4 x 19 x 2.6 cm, 0.72 kg
"This book provides an excellent modern treatment of the modelling and analysis of the energy-growth nexus. Every chapter is a must read. This book belongs on the bookshelf of anyone interested in the energy-growth nexus." --Perry Sadorsky, York University "There has been a considerable work in the area of the energy-growth nexus, and the present volume offers a roadmap of the field. It provides an essential resource that will help researchers address questions about their energy-growth projects before they begin and as they develop them. I am confident that it will become an indispensable part of the tool kit of every researcher who works in this important and fast expanding field." --Thanasis Stengos, University of Guelph "A must-read primer on the energy-growth nexus (EGN). The book has two complementary parts that are well considered and organized. It first questions traditional economic theory and sketches a thought provoking path for a new approach. Then it presents innovative and robust panel and time series econometrics models of EGN. Prominent international scholars synthesize their knowledge and experience to incorporate worldwide challenges such as GHG emissions, food security, and political economy into the EGN. Each part provides important policy implications and future research recommendations. This book will be a valuable reference for students and scholars of energy economics, and a valuable guide for policy makers and practitioners." --Ugur Soytas, Middle East Technical University
The Economics and Econometrics of the Energy-Growth Nexus recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps researchers answer fundamental questions about their energy-growth projects, it combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus. The book provides order and guidance, enabling researchers to feel confident that they are adhering to widely accepted assumptions and procedures.
PART 1: The Economics of the Energy-Growth Nexus 1. The Energy-Growth Nexus: History, Development, and New Challenges 2. Disaggregation in the Energy-Growth Nexus: An Indicative Literature Review 3. On the Dynamics of Renewable Energy Consumption (Aggregated and Disaggregated) and Economic Growth: An Approach by Energy Sources 4. The Role of Potential Factors/Actors and Regime Switching Modeling 5. Critical Issues to Be Answered in the Energy-Growth Nexus Research Field PART 2: The Econometrics of the Energy-Growth Nexus 6. Practical Issues on Energy-Growth Nexus Data and Variable Selection with Bayesian Analysis 7. Current Issues in Time-Series Analysis for the Energy-Growth Nexus; Asymmetries and Nonlinearities Case Study: Pakistan 8. Panel Data Analysis in the Energy-Growth Nexus 9. Testing for Causality: A Survey of the Current Literature 10. Simultaneous Equations Modeling in the Energy-Growth Nexus 11. The Energy-Growth Nexus Checklist for Authors
Subject Areas: Energy technology & engineering [TH], Econometrics [KCH]
