Hye, Qazi Muhammad Adnan; Riaz, Sana - In: Lahore Journal of Economics 13 (2008) 2, pp. 45-58
This study seeks to determine the direction of causality between energy consumption (EC) and economic growth (EG), using annual data from 1971 to 2007. In our empirical analysis, we implement a bounds-testing approach to co-integration and an augmented form of the Granger causality test to...