Renewable energy consumption and industrial production: A disaggregated time-frequency analysis for the U.S.

This paper aims to analyze the interaction between renewable energy consumption and industrial production for the U.S. over the 1981–2018 period. We contribute to the existing literature by the disaggregation of renewable energy sources (hydropower, geothermal, and biomass), by the consideration of time and frequency through wavelet techniques and the time-varying Granger causality test recently proposed by Shi et al. (2018). Based on monthly...