Lee, Chien-Chiang; Chang, Chun-Ping - In: Energy 32 (2007) 12, pp. 2282-2294
This paper considers the possibility of both a linear effect and nonlinear effect of energy consumption on economic growth, using data for the period 1955–2003 in Taiwan. We find evidence of a level-dependent effect between the two variables. Allowing for a nonlinear effect of energy...