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Article citations


Pao, H.T. and Fu, H.C. (2013) The Causal Relationship between Energy Resources and Economic Growth in Brazil. Energy Policy, 61, 793-801.

has been cited by the following article:

  • TITLE: Causality Relationship between Energy Consumption and Economic Growth in Brazil

    AUTHORS: Hsiao-Tien Pao, Yi-Ying Li, Hsin-Chia Fu

    KEYWORDS: Energy Consumption, Economic Growth, Granger Causality, Brazil

    JOURNAL NAME: Smart Grid and Renewable Energy, Vol.5 No.8, August 8, 2014

    ABSTRACT: This study has investigated the relationship between energy consumption and economic growth in Brazil during the period of 1980-2008. The co-integration test indicates a long-run equilibrium relationship between variables, andenergy consumption appears to be real GDP elastic. This elasticity suggests that energy consumption has a great positive influence on changes in income. The causality results from the error correction model reveal a unidirectional short-run causality from energy consumption to economic growth and a bidirectional strong causality between them. These findings suggest that Brazil should adopt a dual strategy of increasing investment in energy infrastructure, and stepping up energy conservation policies to reduce any unnecessary waste of energy, in order to avoid having a negative effect on economic growth by reducing energy consumption. In contrast, energy conservation is expected to increase the efficient use of energy and, therefore, enhance economic growth.