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Dynamic linkages between transport energy and economic growth in Mauritius
13 pages
Published by
Alexander Decker
Journal of Energy Technologies and Policy www.
iiste.
org
ISSN 2224-3232 (Paper) ISSN 2225-0573 (Online)
Vol.
2, No.
1, 2011
24
Dynamic linkages between transport energy and economic
growth in Mauritius – implications for energy and...
[More]
Journal of Energy Technologies and Policy www.
iiste.
org
ISSN 2224-3232 (Paper) ISSN 2225-0573 (Online)
Vol.
2, No.
1, 2011
24
Dynamic linkages between transport energy and economic
growth in Mauritius – implications for energy and climate
policy
Riad Sultan
Department of Economics and Statistics, University of Mauritius, Reduit, Mauritius
Email: r.
sultan@uom.
ac.
mu
Abstract
The consumption of fossil fuels in the transport sector represents the fastest growing source of greenhouse
gases in the world – a major source leading to global warming.
While action is needed to restrict the use of
fossil fuels, such a conservation policy relies on the relationship between energy and economic growth.
The
paper investigates the causal relationship between economic growth and transport energy in Mauritius for
the period 1970-2010 using an aggregate production framework with real investment.
Gasoline and diesel
are analyzed separately.
The bounds test cointegration approach is applied and the
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Tags
causality,
climate,
diesel,
economic,
energy,
gasoline,
growth,
investment,
issn,
long,
mauritius,
paper,
policy,
real,
relationship,
sector,
transport
