This paper tests the causal relationship between electricity consumption per capita and gross domestic product (GDP) per capita for Brazil, India, Indonesia, China and South Africa for the period 1971–2009. To reach this goal, we use panel cointegration analysis and Granger causality tests....

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...

This paper aims at analyzing the effects of corruption on investment and growth in 15 Middle East and North African (MENA) countries during the period 1985-2013. We used the International Country Risk Guide (ICRG) corruption index and we conducted a panel cointegration analysis and Granger...

The aim of this paper is to investigate the dynamic relationship between corruption, investment and economic growth in Tunisia within a multivariate framework. In the empirical section we use data span from 1976 to 2013 and we perform a vector error correction model and cointegartion technique...

The aim of this paper is to examine the dynamic relationship between natural resource rents, government spending, government revenues and economic growth in Algeria during the period 1980-2011. The empirical results reveal a bidirectional causal relationship between economic growth and natural...

In this study, income and consumption expenditures, which are the reflections of the economic growth’s supply and demand facades, are analyzed. There are six basic hypothesis, which try to explain how consumer spending affected from consumers' income levels and of these the most common is...

Classical economics envisaged to reach the subsistence level of wages in the long term. Keynes, however, argued that it would be sticky downward wages with trade union activities. Since the 1930s, governments have begun to phase out the laws of the minimum wage to support employees' income...

This paper investigates relationship between information communication technology (ICT), economic growth and electricity consumption using data of UAE over the period of 1975-2011.We have tested the unit properties of variables and the Bayer and Hanck combined cointegration approach for long run...