Liddle, Brant; Huntington, Hillard - 2018
literature by assembling a wide panel dataset of energy consumption and prices for 37 OECD and 41 non-OECD countries … the full 56 years of data for 17 countries and all countries having at least 18 years. In addition, our dynamic panel … always significant at the 95% level. A “grand” average (average of the many panel averages) suggests a GDP elasticity around …