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 …

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

interrelationships between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there …

. Stationarity tests reveal that both series are non-stationary, or I(1). Moreover, we found a cointegration relationship between the …

relationship using data during 1980-2011. After testing for unit root and cointegration, it identifies Granger causality between …

data and estimation methods. Generally, socioeconomic factors particularly affect demand for energy at the micro level …