Zeshan, Muhammad; Ahmed, Vaqar - In: Bulletin of Energy Economics (BEE) 1 (2013) 2, pp. 8-20
The present study investigates the impact of energy consumption on real GDP, capital stock, and labor force using annual data for the period of 1971-2012. For empirical analysis, it employs the Structural Vector Auto-regression (SVAR) framework. The results reveal that economic growth increases...