On the Dynamic Linkages between CO2 Emissions, Energy Consumption and Growth in Greece

Constantinos Katrakilidis, I. Kyritsis and V. Patsika

European Research Studies Journal, 2014, vol. XVII, issue 3, 79-90

Abstract: This paper attempts to analyze the short-and long-run causal dynamic interactions between energy consumption, CO2 emissions and economic growth in Greece, using time-series techniques. To this end, annual data covering the period 1980-2012 are employed and tests for unit roots, the ARDL-bounds approach of cointegration, and Granger-causality based on error-correction models are applied. The results reveal strong feedback in the long-run between all the examined variables. For the shortrun, there is evidence of two-way causality in all examined pairs with only exception the direction CO2 towards GDP.

Keywords: CO2 Emissions; Energy Consumption; Growth; Causality; Greece (search for similar items in EconPapers)
JEL-codes: L14 N54 N70 Q43 Q51 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xvii:y:2014:i:3:p:79-90

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