Magazzino, Cosimo - In: Environment, Development and Sustainability 17 (2015) 1, pp. 137-153
The aim of this article was to assess the empirical evidence of the nexus between GDP and energy consumption for Italy … short-run dynamics of the variables show that the flow of causality runs from energy use to GDP, and there is a long …-run bidirectional causal relationship (or feedback effect) between the two series. Consequently, we conclude that energy is a limiting …