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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
The electricity consumption in the tertiary sector in the EU is still increasing and a further increase is expected of more than 2 % per year during the next 15 years. This sector includes companies and institutions of public and private services with heterogeneous economic and energy-related...
Persistent link: https://www.econbiz.de/10009464947
The study explores the link between electricity consumption, urbanization and economic growth in Nigeria from 1971-2014. The bounds test and the Bayer and Hanck (2013) cointegration tests affirm cointegrating relationship. Electricity consumption increases economic growth in both time periods,...
Persistent link: https://www.econbiz.de/10012389168
This study investigates the effects of energy consumption and capital investment on environmental degradation in selected African countries between 1981 and 2017 using panel cointegration approaches. The Fully Modified and the Dynamic Ordinary Least Squares results affirm that energy consumption...
Persistent link: https://www.econbiz.de/10012389177
This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan using annual data covering the period 1971 to 2007. Augmented Dickey-Fuller test and Phillips-Perron test reveal that both the series, after logarithmic transformation, are...
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