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The rapidly growing literature on the relationship between energy consumption and economicgrowth has not univocally … activity. After discussingappropriate pairs of variables, we investigate Granger causality between energy consumption andGDP in … Pesaran et al.(2001), we …nd evidence for long-run Granger causality for the commercial sector, in case energy isthe dependent …
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Most studies on corporate governance recognize endogeneity in the nexus between corporate governance and financial performance. Little attention has, however, been paid to the direction of causality between the two phenomena, and hence the Vector Error Correction (VEC) model, which allows for...
Persistent link: https://www.econbiz.de/10012026154
This paper examines the cointegration and causality among exchange rate, export, and import for Turkey during the period of 1998-2006. The econometrics results show that there is a cointegration between exports and import, but direction of causality is bi-directional between these two variables....
Persistent link: https://www.econbiz.de/10012768363
This study has examined the causality between disaggregated energy consumption (electricity and fossil consumption) and … overall growth, agricultural and manufacturing growth in Ghana’s economy over the period 1971-2007. By employing the Augmented … growth to electricity and fossil consumption; a unidirectional causality from agriculture to electricity consumption both in …
Persistent link: https://www.econbiz.de/10014148537
existence of unidirectional, bidirectional or no causal relationship between energy consumption and economic growth of different … between energy consumption and economic growth in order to maintain sustainable economic growth in MENA region …This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over …
Persistent link: https://www.econbiz.de/10013305977
determine the direction and sign of panel long-run causality between transport energy consumption per capita and real GDP per … present in the data). Panel long-run Granger-causality was determined to run from GDP per capita to transport energy … exhibited significant Granger-causality running from transport energy consumption to GDP in each panel that such causal …
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