cointegration approach, the VECM Granger causality test, Generalized impulse responses functions and variance decomposition in Iran …

This study runs a cointegration analysis on annual data from 1980 to 2007 to investigate the relationship between …, Stock-Watson dynamic ordinary least squares (DOLS), the bounds testing approach to cointegration and error correction … modelling. The empirical results suggest that there is a stable long run linear cointegration relationship between these three …

in techniques. We find that the results of the cointegration tests could be affected by the structural break(s) in the … an ultimate conclusion on the cointegration and causal direction between energy and output. When alternative frameworks …

direct role of growth and in connection to trade and the value added by various sectors like agriculture, industry and … represented by the GDP per capita. Trade seems to be an important determinant in this relationship. …

long run cointegration between these variables. Our results confirm long run relationship between economic growth, energy …

. Annual data from the on Carbon Dioxide emission, economic growth, consumption of energy, openness for foreign trade … technique and cointegration analysis is implemented to test Granger causality. Gross domestic product significantly Granger …