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The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...
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This paper uses the panel data of energy consumption, electricity, oil and economic activity for 20 countries from 1990 … economic activity. The panel causality test results reveal that there is long-run Granger causality running from electricity … and oil to economic activity and there is unidirectional causality between electricity, oil and economic activity. Our …
Persistent link: https://www.econbiz.de/10010795445
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The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10005263697
This paper reinvestigates the energy consumption-GDP growth nexus in a panel error correction model using data on 20 net energy importers and exporters from 1971 to 2002. Among the energy exporters, there was bidirectional causality between economic growth and energy consumption in the developed...
Persistent link: https://www.econbiz.de/10009448305
four types of energy consumption: total energy consumption, electricity consumption, nuclear consumption, and renewable …; (ii) for the electricity consumption-growth nexus: 40% supported the growth hypothesis, 33% the feedback hypothesis, and …
Persistent link: https://www.econbiz.de/10010906667
In this paper, we examine the causal relationship between Electricity Consumption (EC) and economic growth in Tunisia …
Persistent link: https://www.econbiz.de/10009352847