The causal relationship between nuclear energy consumption and economic growth in India

J. Y. Heo; S. H. Yoo; S. J. Kwak

doi:10.1080/15567240802533971

The causal relationship between nuclear energy consumption and economic growth in India

J. Y. Heo, S. H. Yoo, S. J. Kwak

Department of Economics

Research output: Contribution to journal › Article › peer-review

25 Citations (Scopus)

Abstract

This article attempts to investigate the long-run and short-run causality issues between nuclear energy consumption and economic growth in India by using the co-integration and error-correction models. It employs the annual data covering the period 1969-2006. The results indicate that there is a uni-directional causality running from nuclear energy consumption to economic growth without any feedback effect. Thus, considering the fact that nuclear energy consumption fosters economic growth, policies for increasing nuclear energy supply investment is, therefore, likely to enhance economic growth in India.

Original language	English
Pages (from-to)	111-117
Number of pages	7
Journal	Energy Sources, Part B: Economics, Planning and Policy
Volume	6
Issue number	2
DOIs	https://doi.org/10.1080/15567240802533971
Publication status	Published - 2011 Apr

Keywords

India
causality
economic growth
nuclear energy consumption

ASJC Scopus subject areas

Chemical Engineering(all)
Fuel Technology
Energy Engineering and Power Technology

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/15567240802533971

Cite this

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N2 - This article attempts to investigate the long-run and short-run causality issues between nuclear energy consumption and economic growth in India by using the co-integration and error-correction models. It employs the annual data covering the period 1969-2006. The results indicate that there is a uni-directional causality running from nuclear energy consumption to economic growth without any feedback effect. Thus, considering the fact that nuclear energy consumption fosters economic growth, policies for increasing nuclear energy supply investment is, therefore, likely to enhance economic growth in India.

AB - This article attempts to investigate the long-run and short-run causality issues between nuclear energy consumption and economic growth in India by using the co-integration and error-correction models. It employs the annual data covering the period 1969-2006. The results indicate that there is a uni-directional causality running from nuclear energy consumption to economic growth without any feedback effect. Thus, considering the fact that nuclear energy consumption fosters economic growth, policies for increasing nuclear energy supply investment is, therefore, likely to enhance economic growth in India.

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KW - causality

KW - economic growth

KW - nuclear energy consumption

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The causal relationship between nuclear energy consumption and economic growth in India

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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