The Economics and Econometrics of the Energy-Growth Nexus

The Economics and Econometrics of the Energy-Growth Nexus recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps researchers answer fundamental questions about their energy-growth projects, it combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus. The book provides order and guidance, enabling researchers to feel confident that they are adhering to widely accepted assumptions and procedures.

Provides guidance about selecting and implementing econometric tools and interpreting empirical findings Equips researchers to get clearer pictures of the most robust relationships between variables Covers up-to-date empirical and econometric methodsCombines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus

PART 1: The Economics of the Energy-Growth Nexus 1. The Energy-Growth Nexus: History, Development, and New Challenges 2. Disaggregation in the Energy-Growth Nexus: An Indicative Literature Review 3. On the Dynamics of Renewable Energy Consumption (Aggregated and Disaggregated) and Economic Growth: An Approach by Energy Sources 4. The Role of Potential Factors/Actors and Regime Switching Modeling 5. Critical Issues to Be Answered in the Energy-Growth Nexus Research Field

PART 2: The Econometrics of the Energy-Growth Nexus 6. Practical Issues on Energy-Growth Nexus Data and Variable Selection with Bayesian Analysis 7. Current Issues in Time-Series Analysis for the Energy-Growth Nexus; Asymmetries and Nonlinearities Case Study: Pakistan 8. Panel Data Analysis in the Energy-Growth Nexus 9. Testing for Causality: A Survey of the Current Literature 10. Simultaneous Equations Modeling in the Energy-Growth Nexus 11. The Energy-Growth Nexus Checklist for Authors