Bildirici, Melike E.; Kayıkçı, Fazıl - In: Energy Economics 34 (2012) 3, pp. 747-753
consumption and GDP are cointegrated for all these countries. Furthermore, there is a unidirectional causality from electricity … consumption to GDP for all groups in the long run. Effect of electricity consumption on the GDP is negative for the second group … of countries which supports the energy conservation policies, whereas it is positive for the first and third group of …