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The relationship between nuclear energy consumption and economic growth

Evidence from Switzerland

Bibliographic Data

ID15550368
AuthorsCosimo Magazzino (0000-0002-3176-9838, Roma Tre University, corresponding author), Marco Mele (0000-0002-1477-1071, University of Teramo, corresponding author), Nicolas Schneider (0009-0006-6190-4830, Sorbonne Université), Guillaume Vallet (0000-0002-8359-649X, Université Grenoble Alpes, corresponding author)
Year2020
Volume15
Issue9
Pages0940a5-0940a5
Publication date2020-08-10
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEnvironmental Research Letters (JOURNAL)
Journal identifiersISSN: 1748-9326 • E-ISSN: 1748-9326
PublisherIOP Publishing (PUBLISHER • GB)
DOI10.1088/1748-9326/abadcd
OpenAlexW3048890906
LanguageEN
Citations received5
References cited26

This study aims to investigate the relationship between nuclear energy consumption and economic growth in Switzerland over the period 1970–2018. We use data on capital, labour, and exports within a multivariate framework. Starting from the consideration that Switzerland has decided to phase out nuclear energy by 2034, we examine the effect of this structural economic-energy change in the country. To do so, two distinct estimation tools are performed. The first model, using a time-series approach, analyze the relationship between bivariate and multivariate causality. The second, using a Machine Learning methodology, test the results of the econometric modelling through an Artificial Neural Networks process. This last empirical procedure represents our original contribution with respect to the previous energy-GDP papers. The results, in the logarithmic propagation of neural networks, suggest a careful analysis of the process that will lead to the abandonment of nuclear energy in Switzerland to avoid adverse effects on economic growth

Bivariate analysis · Causality (physics · Consumption (sociology · Econometrics · Economics · Energy (signal processing · Energy consumption · Estimation · Granger causality · Multivariate statistics · Process (computing · Statistics · Computer Science · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Environmental Impact and Sustainability · Mathematics

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Unique citing works5
Citations per year1
Citation span2021 - 2023 (3)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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