Lee, Chien-Chiang; Chien, Mei-Se - In: Energy Economics 32 (2010) 3, pp. 564-581
This paper applies an aggregate production function to examine the dynamic linkages among energy consumption, capital stock, and real income (real GDP per capita) in G-7 counties. We employ the Toda and Yamamoto (1995) Granger causality test, the generalized impulse response approach, and...