A meta-analysis investigation of the direction of the energy-GDP causal relationship: implications for the growth-degrowth dialogue

Kalimeris, Panos; Richardson, Clive; Bithas, Kostas

doi:10.1016/j.jclepro.2013.12.040

Cited by 110 publications

(66 citation statements)

References 210 publications

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“…They found evidence of delayed effects between energy-economy causality dialogs: specifically, emissions tend to growth quicker after booms and slower after recessions. Using a meta-analysis of the existing large literature, Kalimeris et al (2014) did not find a genuine causal effect between energy and GDP in the literature as a whole. Similar results were also found by Bruns et al (2014) using the same method.…”

Section: Introductionmentioning

confidence: 82%

“…The direction of causality between the variables could be a decisive component of this relation. However, despite a large literature studying on this issue, the state of knowledge still remains quite indeterminate and controversial (Kalimeris et al, 2014). Over the past decades, China has made remarkable achievements in terms of its economic development.…”

Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

See 1 more Smart Citation

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

Wang

Fang

et al. 2016

Science of The Total Environment

495

150

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Section: Introductionmentioning

confidence: 82%

Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

Wang

Fang

et al. 2016

Science of The Total Environment

495

150

View full text Add to dashboard Cite

“…A multitude of econometric analyses collectively seem inconclusive as to the critical importance of energy in driving economic growth (Kalimeris et al 2014). For example, approximately one-quarter of analyses fall into each of four possible causal domains between energy and gross domestic product (GDP): Growth in energy causes growth in GDP, growth in GDP causes growth in energy, no causality, and mutual causality.…”

Section: Econometric and Growth Modeling Perspectivementioning

confidence: 99%

Information Theory to Assess Relations Between Energy and Structure of the U.S. Economy Over Time

King

2016

Biophys Econ Resour Qual

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This paper describes the changing structure of the United States' (U.S.) domestic economy by applying information theory-based metrics to the U.S. input-output (I-O) tables from 1947 to 2012. Here the I-O tables are an economic network where the sectors are the nodes. The value of these metrics is that they describe the balance or trade-off between efficiency and redundancy of network flows as well as equality and hierarchy of flows through nodes in a network. I relate these metrics to the U.S. gross power consumption and annual intermediate spending by the food and energy sectors, the latter being a proxy for the inverse of the net power ratio (or net energy) of the economy, to test hypotheses of energy-economy structural linkages. The results of this paper show that increasing gross power consumption, as well as a decreasing share of intermediate expenditures of the food and energy sectors, correlates with increased distribution of money among economic sectors, and vice versa. The information theory metrics indicate two time periods at which major structural shifts occurred. The first was between 1967 and 1972, and the second was around the turn of the twenty-first century when food and energy expenditures no longer continued to decrease after 2002. In response to the latter, it is clear that the U.S. economy did trade off structural reserves (e.g., decreasing metrics of conditional entropy, redundancy, and equality) for structural efficiency (e.g., increasing metrics of efficiency, mutual constraint, and hierarchy) after food and energy expenditures increased post-2002. I also test the structural trends with increasingly simpler (e.g., fewer sectors) representations of the I-O tables, and the results are more consistent for I-O representations that account for inputs and outputs (e.g., value added and gross domestic product) rather than only the intermediate transactions among sectors. The findings of this paper have important implications for economic modeling in at least two ways. First, the paper helps explain how fundamental shifts in resources costs relate to economic structure and economic growth. Second, the paper shows that the number of sectors used to represent economic transactions influences the systemic metrics themselves.

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“…Needless to say, they have been signifi cantly lower in per capita volume to start with. With no precedence for major decoupling of environmental loads from growth (Bithas and Kalimeris, 2013;Kalimeris et al, 2014), it would appear that making people care for the environment comes at the price of further destroying it. A third problem, if the affl uence hypothesis possesses exclusive validity, appears if we attend to those affl uent ones who do claim to be moved by moral concerns in their consumer choices: the well observed gap between such commitments and the propensity to actually follow up on them (Auger and Devinney, 2007).…”

Section: Varieties Of Environmentalismmentioning

confidence: 99%

Rejecting the Post-Political Response to Climate Change: Introducing the European Egalitarian Environmentalist

Krüger¹,

Domazet²,

Dolenec³

2016

SocEkol

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A meta-analysis investigation of the direction of the energy-GDP causal relationship: implications for the growth-degrowth dialogue

Cited by 110 publications

References 210 publications

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

Information Theory to Assess Relations Between Energy and Structure of the U.S. Economy Over Time

Rejecting the Post-Political Response to Climate Change: Introducing the European Egalitarian Environmentalist

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