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criticized. Multivariate and panel cointegration, and nonlinear models are here implemented. The theory is rejected and both the …
Persistent link: https://www.econbiz.de/10008753101
The aim of this paper is to investigate the causal relationship between electricity consumption and GDP growth for the … kingdom of Bahrain during the period 1980–2008. By performing an error-correction model, our results reveal that electricity … consumption and GDP are cointegrated. The granger causality tests indicate bi-directional relationship between electricity …
Persistent link: https://www.econbiz.de/10011259770
The objective of this study is to investigate the causality between electricity consumption and economic growth for a … bivariate framework. To examine this linkage, we applied panel cointegration methods and panel causality test. Our results show … mainly due to a good structuring of the electricity sector. This favorable position of these economies comparable to the rest …
Persistent link: https://www.econbiz.de/10011260568
The paper empirically analyzes, in the Romania’s case, the cointegration and causality between electricity consumption … causality between electricity consumption and economic growth and between economic growth and capital use. In the same time, a … unidirectional causal relation is also found from capital use to electricity consumption. The main finding suggests that electricity …
Persistent link: https://www.econbiz.de/10008866122
The prime objective of this study is to examine the long run relationship between real GDP per capita and electricity … consumption for Pakistan over the period 1971 to 2008. The results reveal that there is unidirectional causality from electricity … capita and electricity consumption. The unidirectional causality running from electricity consumption to economic growth …
Persistent link: https://www.econbiz.de/10011110054
This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a …-sectional techniques that characterise most existing studies. The results show that there is a distinct causal flow from electricity … consumption to economic growth: both in the short run and in the long run. This finding supports the electricity-led growth …
Persistent link: https://www.econbiz.de/10011114051
This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are … in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity … consumption is classified into residential and commercial electricity consumption and industrial electricity consumption. By …
Persistent link: https://www.econbiz.de/10008490487
This paper deals with testing a time series with a structural break in its mean for a unit root when the break date is known. A nonlinear (with respect to coefficients) test equation is used, providing asymptotically efficient estimates. Finite-sample and quasi-asymptotic empirical distributions...
Persistent link: https://www.econbiz.de/10005837429
cointegration analysis and proposing some Vector Autoregressive models. Finally, we asses the cointegration between the interbank …
Persistent link: https://www.econbiz.de/10011258912
This paper presents an empirical investigation into the level and stability of money demand (M1) in Nigeria between 1960 and 2008. In addition to estimating the canonical specification, alternative specifications are presented that include additional variables to proxy for the cost of holding...
Persistent link: https://www.econbiz.de/10008684880