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Using panel data of 24 countries in the Middle East and North African (MENA) region from 2001 to 2009, the purpose of this study is to examine the impacts of tourism, energy consumption and political instability on economic growth within the neoclassical growth framework. To address the...
Persistent link: https://www.econbiz.de/10010753240
This study examines how much of the variance in economic growth can be explained by various categories of domestic and foreign savings in Malaysia. The bounds testing approach to cointegration and the generalised forecast error variance decomposition technique was used to achieve the objective...
Persistent link: https://www.econbiz.de/10005064186
The purpose of this study is to re-investigate the relationship between electricity consumption and economic growth in Malaysia from 1972:1 to 2003:4. This study adopted the newly developed ECM-based F-test [Kanioura, A., Turner, P., 2005. Critical values for an F-test for cointegration in the...
Persistent link: https://www.econbiz.de/10005171826
This study uses the annual data from 1972 to 2010 to assess the causal relationship between electricity consumption and real output at the aggregate and sectoral levels in Pakistan. This study covers three main economic sectors in Pakistan namely agricultural, manufacturing and services sectors....
Persistent link: https://www.econbiz.de/10010681956
In the previous decades, a number of studies have been conducted to analyse the causal relationship between electricity consumption and economic growth in the Portuguese economy. However, the evidence remains controversial because the previous studies do not provide clear causality evidence....
Persistent link: https://www.econbiz.de/10010709229
The aim of this paper is to re-examine the relationship between electricity consumption, economic growth, and employment in Portugal using the cointegration and Granger causality frameworks. This study covers the sample period from 1971 to 2009. We examine the presence of a long-run equilibrium...
Persistent link: https://www.econbiz.de/10009143014
This study investigated the validity of the pollution haven hypothesis in the Gulf Cooperation Council (GCC) countries using a multivariate framework. To achieve the goal of this study, the non-stationary panel techniques were used to examine the hypothesis from 1980 to 2009. Based on the...
Persistent link: https://www.econbiz.de/10010681901