Coal consumption and economic growth in Taiwan
The purpose of this paper is to examine the causality issue between coal consumption and economic growth for Taiwan. The co-integration and Granger's causality test are applied to investigate the relationship between the two economic series. Results of the co-integration and Granger's causality test based on 1954--1997 Taiwan data show a unidirectional causality from economic growth to coal consumption with no feedback effects. Their major finding supports the neutrality hypothesis of coal consumption with respect to economic growth. Further, the finding has practical policy implications for decision makers in the area of macroeconomic planning, as coal conservation is a feasible policy with no damaging repercussions on economic growth.
- Research Organization:
- Shih-Hsin Univ., Taipei (TW)
- OSTI ID:
- 20014576
- Journal Information:
- Energy Sources, Vol. 22, Issue 2; Other Information: PBD: Feb-Mar 2000; ISSN 0090-8312
- Country of Publication:
- United States
- Language:
- English
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