Bet365 app download

　　Summary of content:This study examines the causal relationship between the Philippine energy consumption and economic growth，By determining the long -term correlation between the two by containing the total amount of labor and fixed capital,。Results indicate，These variables when the first -order difference is static，and there is a coordination between variables，indicates that there is a causal relationship in at least one direction。These results also indicate，Philippine GDP relies on energy consumption，Growth hypothesis is suitable for the country。From the absence of uncertain energy supply，May restrict economic growth。This inference is important in the process of policy formation，Especially when the policy involves energy saving and steering the source of renewable energy。Considering that the Philippines is still a developing country，Need to produce energy at the least cost，Therefore, policy makers must ensure energy supply before deciding to turn renewable energy，And must consider the high cost of production of renewable energy。[Liu Yue Translated]