期刊論文

學年 98
學期 1
出版(發表)日期 2009-12-01
作品名稱 Threshold Effect of the Economic Growth Rate on the Renewable Energy Development from a Change in Energy Price: Evidence from OECD Countries
作品名稱(其他語言)
著者 Chang, Ting-Huan; Huang, Chien-Ming; Lee, Ming-Chih
單位 淡江大學國際企業學系
出版者 London: Elsevier Ltd
著錄名稱、卷期、頁數 Energy Policy 37(12), p.5796-5802
摘要 This paper uses a panel threshold regression (PTR) model to investigate the influence that energy prices have on renewable energy development under different economic growth rate regimes. The empirical data are obtained from each of the OECD member-countries over the period from 1997 to 2006. We show that there is one threshold in the regression relationship, which is 4.13% of a one-period lag in the annual gross domestic product (GDP) growth rate. The consumer price index (CPI), in so far as it relates to variations in energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but there is no relationship in the regime with lower economic growth. Therefore, countries characterized by high-economic growth are able to respond to high energy prices with increases in renewable energy use, while countries characterized by low-economic growth countries tend to be unresponsive to energy price changes when they come to their level of renewable energy.
關鍵字 Renewable energy;Economic growth;Threshold effect
語言 en_US
ISSN 0301-4215
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Huang, Chien-Ming
審稿制度
國別 GBR
公開徵稿
出版型式 ,紙本
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