explicit in their analysis. We estimate a panel VAR model that incorporates the long-term real interest rate on government …

This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence …

This paper uses the panel data of energy consumption and GDP for 82 countries from 1972 to 2002. Based on the income …, upper middle income group, and high income group. We employ the GMM-SYS approach for the estimation of the panel VAR model …