Benvenuti nell'Anagrafe della Ricerca d'Ateneo
La valutazione delle attività di ricerca che si svolgono nelle università ha assunto un'importanza rilevante sia per l'intero sistema universitario sia all'interno di ogni singolo ateneo. Roma Tre si è quindi dotata di idonei strumenti informativi in grado di supportare al meglio le azioni di monitoraggio e di valutazione delle attività di ricerca svolte nei propri dipartimentied ha realizzato una Anagrafe della Ricerca di Ateneo.
EnglishThe aim of this article is to assess the empirical evidence of the nexus between GDP and energy consumption for Italy during the period 1970-2009, using a time-series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing the data and introducing some econometric techniques. Stationarity tests reveal that both series are non-stationary, or I(1). Moreover, a cointegration relationship is found between the two variables. The short-run dynamics of the variables show that the flow of causality runs from en-ergy use to GDP, and there is a long-run bidirectional causal relationship (or feedback effect) between the two series. Consequently, we conclude that energy is a limiting factor to GDP growth in Italy, and that energy conservation policy should be formulated and implemented wisely.
MAGAZZINO C (2015). Energy Consumption and GDP in Italy: Cointegration and Causality Analysis. ENVIRONMENT, DEVELOPMENT AND SUSTAINABILITY, 17(1), 137-153.
| Titolo: | Energy Consumption and GDP in Italy: Cointegration and Causality Analysis |
| Autori: | |
| Data di pubblicazione: | 2015 |
| Rivista: | |
| Citazione: | MAGAZZINO C (2015). Energy Consumption and GDP in Italy: Cointegration and Causality Analysis. ENVIRONMENT, DEVELOPMENT AND SUSTAINABILITY, 17(1), 137-153. |
| Abstract: | The aim of this article is to assess the empirical evidence of the nexus between GDP and energy consumption for Italy during the period 1970-2009, using a time-series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing the data and introducing some econometric techniques. Stationarity tests reveal that both series are non-stationary, or I(1). Moreover, a cointegration relationship is found between the two variables. The short-run dynamics of the variables show that the flow of causality runs from en-ergy use to GDP, and there is a long-run bidirectional causal relationship (or feedback effect) between the two series. Consequently, we conclude that energy is a limiting factor to GDP growth in Italy, and that energy conservation policy should be formulated and implemented wisely. |
| Handle: | http://hdl.handle.net/11590/135970 |
| Appare nelle tipologie: | 1.1 Articolo in rivista |
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