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This paper uses the econometrics of endogenous structural breaks to examine changes in energy intensity trends for OECD countries over 1960-2009. Nearly all OECD countries currently have significant negatively trending energy-GDP ratios; but for several countries those negative trends are...
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Exploring the causal relationship between energy consumption and economic growth is important in energy economics. We performed an empirical re-examination of the causal interactions between these two factors in South Korea. As most previous studies in South Korea overlook the nonlinear behavior...
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This paper investigates the causal relationship between electricity consumption and real GDP by applying the bounds … testing for cointegration in a multivariate framework. The error correction mechanism is employed to detect causal … relationship in the presence of cointegration among three variables. Empirical results for Thailand during 2001Q1 and 2014Q2 …
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