ArticleHeliyon2023
Ambivalent changes in the correlation of energy consumption and economic growth in the member states of the European Union (2010-2019).
Article in Heliyon, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Who cites it
1 citing paper in PubMed.
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1 author.
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Abstract
Energy consumption efficiency will be of paramount importance in 2023 due to the first global energy crisis experienced worldwide. The central question of this paper is how energy consumption and economic growth have been related to each other and how they have interacted in time and space in the European Union. Correlation calculations are used to show the relationship between the two indicators per Member State, and hierarchical cluster analysis is applied to the results. The analysis is based on data regarding the European Union Member States for the period of 2010-2019. The results show that there was no robust, strong correlation between the GDP and the energy consumption of the member countries. Another result shows that in the Member States where energy consumption fell significantly, the reduction did not have a negative impact on the economic growth. Finally, the study highlights the methodological shortcomings of studies on the correlation between energy consumption and economic growth.
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