Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity

The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/e...
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Autor*in:	Marques, António Cardoso [verfasserIn] Fuinhas, José Alberto [verfasserIn] Neves, Sónia Almeida [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2017

Schlagwörter:	ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test

Übergeordnetes Werk:	Enthalten in: Renewable & sustainable energy reviews - Amsterdam [u.a.] : Elsevier Science, 1997, 81, Seite 1226-1240
Übergeordnetes Werk:	volume:81 ; pages:1226-1240

DOI / URN:	10.1016/j.rser.2017.09.006

Katalog-ID:	ELV000808342

Internformat


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520			\|a The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness.
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650		4	\|a Ordinary Regime
650		4	\|a Special Regime
650		4	\|a Spanish electricity system
650		4	\|a Toda-Yamamoto causality test
700	1		\|a Fuinhas, José Alberto \|e verfasserin \|4 aut
700	1		\|a Neves, Sónia Almeida \|e verfasserin \|4 aut
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936	b	k	\|a 52.56 \|j Regenerative Energieformen \|j alternative Energieformen
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allfields	10.1016/j.rser.2017.09.006 doi (DE-627)ELV000808342 (ELSEVIER)S1364-0321(17)31244-3 DE-627 ger DE-627 rda eng 620 DE-600 52.56 bkl Marques, António Cardoso verfasserin aut Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity 2017 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness. ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test Fuinhas, José Alberto verfasserin aut Neves, Sónia Almeida verfasserin aut Enthalten in Renewable & sustainable energy reviews Amsterdam [u.a.] : Elsevier Science, 1997 81, Seite 1226-1240 Online-Ressource (DE-627)320599035 (DE-600)2019940-5 (DE-576)25948511X 1879-0690 nnns volume:81 pages:1226-1240 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_165 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2098 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 52.56 Regenerative Energieformen alternative Energieformen AR 81 1226-1240
spelling	10.1016/j.rser.2017.09.006 doi (DE-627)ELV000808342 (ELSEVIER)S1364-0321(17)31244-3 DE-627 ger DE-627 rda eng 620 DE-600 52.56 bkl Marques, António Cardoso verfasserin aut Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity 2017 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness. ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test Fuinhas, José Alberto verfasserin aut Neves, Sónia Almeida verfasserin aut Enthalten in Renewable & sustainable energy reviews Amsterdam [u.a.] : Elsevier Science, 1997 81, Seite 1226-1240 Online-Ressource (DE-627)320599035 (DE-600)2019940-5 (DE-576)25948511X 1879-0690 nnns volume:81 pages:1226-1240 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_165 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2098 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 52.56 Regenerative Energieformen alternative Energieformen AR 81 1226-1240
allfields_unstemmed	10.1016/j.rser.2017.09.006 doi (DE-627)ELV000808342 (ELSEVIER)S1364-0321(17)31244-3 DE-627 ger DE-627 rda eng 620 DE-600 52.56 bkl Marques, António Cardoso verfasserin aut Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity 2017 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness. ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test Fuinhas, José Alberto verfasserin aut Neves, Sónia Almeida verfasserin aut Enthalten in Renewable & sustainable energy reviews Amsterdam [u.a.] : Elsevier Science, 1997 81, Seite 1226-1240 Online-Ressource (DE-627)320599035 (DE-600)2019940-5 (DE-576)25948511X 1879-0690 nnns volume:81 pages:1226-1240 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_165 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2098 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 52.56 Regenerative Energieformen alternative Energieformen AR 81 1226-1240
allfieldsGer	10.1016/j.rser.2017.09.006 doi (DE-627)ELV000808342 (ELSEVIER)S1364-0321(17)31244-3 DE-627 ger DE-627 rda eng 620 DE-600 52.56 bkl Marques, António Cardoso verfasserin aut Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity 2017 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness. ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test Fuinhas, José Alberto verfasserin aut Neves, Sónia Almeida verfasserin aut Enthalten in Renewable & sustainable energy reviews Amsterdam [u.a.] : Elsevier Science, 1997 81, Seite 1226-1240 Online-Ressource (DE-627)320599035 (DE-600)2019940-5 (DE-576)25948511X 1879-0690 nnns volume:81 pages:1226-1240 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_165 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2098 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 52.56 Regenerative Energieformen alternative Energieformen AR 81 1226-1240
allfieldsSound	10.1016/j.rser.2017.09.006 doi (DE-627)ELV000808342 (ELSEVIER)S1364-0321(17)31244-3 DE-627 ger DE-627 rda eng 620 DE-600 52.56 bkl Marques, António Cardoso verfasserin aut Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity 2017 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness. ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test Fuinhas, José Alberto verfasserin aut Neves, Sónia Almeida verfasserin aut Enthalten in Renewable & sustainable energy reviews Amsterdam [u.a.] : Elsevier Science, 1997 81, Seite 1226-1240 Online-Ressource (DE-627)320599035 (DE-600)2019940-5 (DE-576)25948511X 1879-0690 nnns volume:81 pages:1226-1240 GBV_USEFLAG_U SYSFLAG_U GBV_ELV GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_165 GBV_ILN_224 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2031 GBV_ILN_2034 GBV_ILN_2037 GBV_ILN_2038 GBV_ILN_2039 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2065 GBV_ILN_2068 GBV_ILN_2070 GBV_ILN_2086 GBV_ILN_2098 GBV_ILN_2106 GBV_ILN_2108 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2113 GBV_ILN_2116 GBV_ILN_2118 GBV_ILN_2119 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2144 GBV_ILN_2147 GBV_ILN_2148 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2188 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2507 GBV_ILN_2522 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4242 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4313 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4393 52.56 Regenerative Energieformen alternative Energieformen AR 81 1226-1240
language	English
source	Enthalten in Renewable & sustainable energy reviews 81, Seite 1226-1240 volume:81 pages:1226-1240
sourceStr	Enthalten in Renewable & sustainable energy reviews 81, Seite 1226-1240 volume:81 pages:1226-1240
format_phy_str_mv	Article
bklname	Regenerative Energieformen alternative Energieformen
institution	findex.gbv.de
topic_facet	ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test
dewey-raw	620
isfreeaccess_bool	false
container_title	Renewable & sustainable energy reviews
authorswithroles_txt_mv	Marques, António Cardoso @@aut@@ Fuinhas, José Alberto @@aut@@ Neves, Sónia Almeida @@aut@@
publishDateDaySort_date	2017-01-01T00:00:00Z
hierarchy_top_id	320599035
dewey-sort	3620
id	ELV000808342
language_de	englisch
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author	Marques, António Cardoso
spellingShingle	Marques, António Cardoso ddc 620 bkl 52.56 misc ARDL bounds test misc Electricity-growth nexus misc Ordinary Regime misc Special Regime misc Spanish electricity system misc Toda-Yamamoto causality test Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity
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topic_title	620 DE-600 52.56 bkl Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity ARDL bounds test Electricity-growth nexus Ordinary Regime Special Regime Spanish electricity system Toda-Yamamoto causality test
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title	Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity
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title_full	Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity
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title_sort	ordinary and special regimes of electricity generation in spain: how they interact with economic activity
title_auth	Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity
abstract	The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness.
abstractGer	The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness.
abstract_unstemmed	The purpose of this paper is to review the literature focused on the energy/electricity-growth nexus, highlighting how the focus has shifted from aggregated energy/electricity consumption towards specific energy sources. Moreover, it aims to shed light on the relationships between different energy/electricity sources and economic growth. Empirically, the paper focuses on the analysis of interactions between electricity generation in Spain under both the Special Regime (SR) and the Ordinary Regime (OR), and their relationship with economic activity. Data for Spain is studied for a time span from January 2003 to January 2016. The Toda-Yamamoto causality test is carried out to check for causality relationships. Additionally, both short- and long-run effects are assessed by using the ARDL bounds test approach. Overall, the results reveal high internal consistency when comparing the ARDL results with the causality analysis. The substitution effect was detected between OR and SR. However, the negative effect of the SR on economic activity deserves special attention by energy policymakers. This paper argues that the main challenge of renewable sources for policymakers is their cost-effectiveness.
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title_short	Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity
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up_date	2024-07-06T19:15:01.511Z
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Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity

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