Ranjbar, Omid; Chang, Tsangyao; Nel, Elmarie; Gupta, Rangan - Department of Economics, Faculty of Economic and … - 2014
In this paper, we analyze symmetric and asymmetric causal relationship between energy consumption and economic growth in time and frequency domains, using annual data covering the period of 1965-2012. In general, our results tend to suggest that energy consumption causes growth, especially the...