Iron and steel industry is the most energy intensive industrial sector in Iran. Long time subsidized energy has led to low energy efficiency in this industry. The sudden subsidy reform of energy prices in Iran is expected to have a great impact on steel production and energy consumption. A...

This paper investigates the causes of extreme fluctuations in commodity prices from 1990 to 2010. Analyzing two very distinct commodities-crude oil and fine wine, we find that macroeconomic factors are the main determinants of commodity prices. Although supply constraints have the expected...

According to the US EIA (<CitationRef CitationID="CR16">2009</CitationRef>, <ExternalRef> <RefSource>www.eia.doe.gov</RefSource> <RefTarget Address="http://www.eia.doe.gov" TargetType="URL"/> </ExternalRef>), out of the 15 largest oil producing nations in the world, 7 are not OPEC members, namely Brazil, Canada, China, Mexico, Norway, the Russian Federation, and the United States of America (USA). This paper investigates the causal relationship...</refsource></externalref></citationref>

The purpose of this article is to investigate the causality relationship between renewable energy consumption and economic growth on long run and short run in the West of Europe countries in the period 1995-2010. Pedroni (2000) test reveals that there is a long run relationship between our...

The aim of this article is to analyze the role of energy in longterm economic growth. Particular attention will be paid to the relation between energy and GDP. Energy productivity, that is the ratio of output to energy (Y/E), will be reconstructed and, through a decomposition analysis, I will...

The aim of this paper is to identify Granger causality between energy consumption and economic growth in post-communist countries in the period 1993 to 2011. Bootstrap panel Granger causality test was used as a research tool in order to accommodate for countryspecific heterogeneity and to avoid...

This study reexamines the relationship between energy consumption per capita and real GDP per capita for Indonesia, Malaysia, the Philippines, Singapore and Thailand using both panel data causality which is taking into account cross-sectional dependence and heterogeneity among the countries and...

In this paper, an extensive review of the rapidly growing in the literature on the nexus between economic growth and four types of energy consumption: total energy consumption, electricity consumption, nuclear consumption, and renewable consumption. The various hypotheses associated with the...

This study examines the empirical relationship between economic growth, energy consumption and carbon dioxide emissions, calculates the trend of decoupling effects and finally analyzes the evolution of inequality in CO2 emissions in GCC (Gulf Cooperation Council countries) countries. Results...

This paper estimates the causal relationships between energy consumption and income for India, Indonesia, the Philippines and Thailand, using cointegration and error-correction modelling techniques. The results indicate that, in the short-run, unidirectional Granger causality runs from energy to...