The relationship between renewable energy consumption, CO2 emissions and economic growth in Denmark
This study utilizes a multivariate framework to test the causal relationship between renew- able energy consumption, gross domestic product (GDP) and carbon dioxide (CO2) emissions in Denmark using annual data from 1972-2012. The causal relationship between variables is examined using Granger causality test in VAR framework. Results of unit root tests show that all variables are non-stationary in