Economic growth, carbon dioxide emissions, renewable energy and globalization

Leitão, Nuno Carlos

http://hdl.handle.net/10400.15/1082

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Autores

Leitão, Nuno Carlos

Resumo(s)

This article investigates the correlation between economic growth, carbon dioxide emissions, renewable energy and globalization for the period 1970-2010, using time series (OLS,GMM, unit root test, VEC model, and Granger causality) to Portuguese economy. OLS estimator and GMM model demonstrate that carbon dioxide emissions and renewable energy are positively correlated with economic growth. The econometric models also show that the overall index of globalization has a positive effect on growth. The Granger causality reports a unidirectional causality between renewable energy and economic growth.

Palavras-chave

Economic growth Renewable energy Globalization

URI

http://hdl.handle.net/10400.15/1082

Editora

EconJournals

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