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consumption. Applying this insight to the huge literature on energy-GDP causality explains that the results of energy-GDP … causality tests frequently coincide with the results of energy type-GDP tests. Using the test by Toda-Yamamoto in combination …
Persistent link: https://www.econbiz.de/10010840302
economy as well as for industry, transport, and residential sectors for Tunisia during the period 1980-2007. The application …
Persistent link: https://www.econbiz.de/10010543318
international tourism for the case of Tunisia spanning the period 1990-2010. The results from the Fisher statistic of both the Wald … emissions and output. We recommend that: (i) Tunisia should use more combustible renewables and waste energy as this eliminates …
Persistent link: https://www.econbiz.de/10011111414
This paper presents an empirical analysis of the interactions among energy consumption, real income and energy price in Saudi Arabia using annual data from 1982 to 2007. We analyzed the dynamic interaction by applying widely used time series analysis techniques such as unit root tests, Vector...
Persistent link: https://www.econbiz.de/10009376715
This paper examines the relationship among real GDP, CO2 emissions, and energy use in the six Gulf Cooperation Council …, Oman, and Qatar) the predominance of the "growth hypothesis" emerges, since energy use drives the real GDP. Moreover, only …
Persistent link: https://www.econbiz.de/10011450576
Despite a bourgeoning literature on the existence of a long-run relationship between energy consumption and economic growth, the findings have failed to establish clearly the direction of causation. A growing economy needs more energy, which is exacerbated by growing population. Evidence...
Persistent link: https://www.econbiz.de/10012959944
This paper tests for the existence and direction of causality between electricity consumption and real gross domestic product for Greece. The study examines a trivariate system with capital formation for the period 1980-2010. Robust empirical results indicate that all variables are integrated of...
Persistent link: https://www.econbiz.de/10012905486
errors in real per capita GDP are mainly due to uncertainty in GDP itself, while the errors in predicting the energy …
Persistent link: https://www.econbiz.de/10012972770
long run relationships going from real GDP towards heating oil and electricity consumption. The relationship between … heating oil and GDP is in fact bi-directional, although weaker from heating oil towards GDP. When investigating the period … 1970-2010 only, the estimate of the long run elasticity of GDP with respect to electricity loses its statistical …
Persistent link: https://www.econbiz.de/10013008604
We study the relationship between energy consumption and real GDP in the United States using a multivariate time … energy and real U.S. GDP is bi-directional through much of the 1990s (the feedback hypothesis) but uni-directional running … from real U.S. GDP to energy consumption in the 2000s (the conservation hypothesis). Similar pattern of changes was …
Persistent link: https://www.econbiz.de/10013023991