The Economics and Econometrics of the Energy-Growth Nexus

Chapter 5

Critical Issues to Be Answered in the Energy-Growth Nexus (EGN) Research Field

Angeliki N. Menegaki^*‡

Stella Tsani^**†*    Hellenic Open University, Patras, Greece^**    Athens University of Economics and Business, Athens, Greece^†    International Centre for Research on the Environment and the Economy, Athens, Greece ^‡    TEI STEREAS ELLADAS, University of Applied Sciences, Lamia, Greece

Abstract

Thirty-nine years after the seminal paper of Kraft and Kraft (1978) on the EGN, research has generated ample papers that illustrate equivocal results. At the same time, economic, environmental, and social challenges are so many that new variables and metrics enter this research field in an attempt to express the EGN relationship as accurately and ...