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Title: On the dynamic linkages between CO2 emissions, energy consumption and growth in Greece
Authors: Katrakilidis, Constantinos P.
Kyritsis, Ioannis
Patsika, V.
Keywords: Energy consumption -- Greece
Economic development -- Greece
Gross domestic product -- Greece
Carbon dioxide -- Economic aspects
Carbon dioxide mitigation -- Greece
Issue Date: 2014
Publisher: University of Piraeus. International Strategic Management Association
Citation: Katrakilidis, C. P., Kyritsis, I., & Patsika, V. (2014). On the dynamic linkages between CO2 emissions, energy consumption and growth in Greece. European Research Studies Journal, 17(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.
Appears in Collections:European Research Studies Journal, Volume 17, Issue 3

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