Nuclear energy consumption and economic growth in Korea

Seung Hoon Yoo; Kun Oh Jung

doi:10.1016/j.pnucene.2005.01.001

Nuclear energy consumption and economic growth in Korea

Seung Hoon Yoo
, Kun Oh Jung

Dept. of Future Energy Convergence

Hoseo University

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

84 Scopus citations

Abstract

This paper investigates the short- and long-run causality issues between nuclear energy consumption and economic growth in Korea by applying modern time-series techniques. It employs annual data covering the period 1977-2002. Tests for unit roots, co-integration, and Granger-causality based on error-correction model are presented. The results show that unidirectional causality runs from nuclear energy consumption to economic growth in Korea without any feedback effect. This means that in order not to adversely affect economic growth, the Korean government should endeavor to overcome the constraints on nuclear energy consumption.

Original language	English
Pages (from-to)	101-109
Number of pages	9
Journal	Progress in Nuclear Energy
Volume	46
Issue number	2
DOIs	https://doi.org/10.1016/j.pnucene.2005.01.001
State	Published - 2005

UN SDGs

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

SDG 8 Decent Work and Economic Growth

Keywords

Causality
Co-Integration
Economic Growth
Error-Correction Model
Nuclear Energy Consumption
Unit Root

Access to Document

10.1016/j.pnucene.2005.01.001

Cite this

@article{05bd2ae975e74288921901c85daae5e1,

title = "Nuclear energy consumption and economic growth in Korea",

abstract = "This paper investigates the short- and long-run causality issues between nuclear energy consumption and economic growth in Korea by applying modern time-series techniques. It employs annual data covering the period 1977-2002. Tests for unit roots, co-integration, and Granger-causality based on error-correction model are presented. The results show that unidirectional causality runs from nuclear energy consumption to economic growth in Korea without any feedback effect. This means that in order not to adversely affect economic growth, the Korean government should endeavor to overcome the constraints on nuclear energy consumption.",

keywords = "Causality, Co-Integration, Economic Growth, Error-Correction Model, Nuclear Energy Consumption, Unit Root",

author = "Yoo, \{Seung Hoon\} and Jung, \{Kun Oh\}",

year = "2005",

doi = "10.1016/j.pnucene.2005.01.001",

language = "English",

volume = "46",

pages = "101--109",

journal = "Progress in Nuclear Energy",

issn = "0149-1970",

number = "2",

}

TY - JOUR

T1 - Nuclear energy consumption and economic growth in Korea

AU - Yoo, Seung Hoon

AU - Jung, Kun Oh

PY - 2005

Y1 - 2005

N2 - This paper investigates the short- and long-run causality issues between nuclear energy consumption and economic growth in Korea by applying modern time-series techniques. It employs annual data covering the period 1977-2002. Tests for unit roots, co-integration, and Granger-causality based on error-correction model are presented. The results show that unidirectional causality runs from nuclear energy consumption to economic growth in Korea without any feedback effect. This means that in order not to adversely affect economic growth, the Korean government should endeavor to overcome the constraints on nuclear energy consumption.

AB - This paper investigates the short- and long-run causality issues between nuclear energy consumption and economic growth in Korea by applying modern time-series techniques. It employs annual data covering the period 1977-2002. Tests for unit roots, co-integration, and Granger-causality based on error-correction model are presented. The results show that unidirectional causality runs from nuclear energy consumption to economic growth in Korea without any feedback effect. This means that in order not to adversely affect economic growth, the Korean government should endeavor to overcome the constraints on nuclear energy consumption.

KW - Causality

KW - Co-Integration

KW - Economic Growth

KW - Error-Correction Model

KW - Nuclear Energy Consumption

KW - Unit Root

UR - https://www.scopus.com/pages/publications/17644398170

U2 - 10.1016/j.pnucene.2005.01.001

DO - 10.1016/j.pnucene.2005.01.001

M3 - Article

AN - SCOPUS:17644398170

SN - 0149-1970

VL - 46

SP - 101

EP - 109

JO - Progress in Nuclear Energy

JF - Progress in Nuclear Energy

IS - 2

ER -

Nuclear energy consumption and economic growth in Korea

Abstract

UN SDGs

Keywords

Access to Document

Other files and links

Fingerprint

Cite this