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This paper investigates causal links between economic growth, oil consumption and natural gas usage in Poland on the basis of quarterly data for the period Q1 2000 – Q4 2009. The application of the Toda–Yamamoto procedure, a nonlinear Granger causality test, bootstrap techniques and an...
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direction of this relationship. For this purpose, the Johansen-Juselius Co-integration Method (1990) is used together with the … Error Correction Model. According to the findings, there is one co-integration relationship between the series. Error …
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aggregate and disaggregates levels in Saudi Arabia using the multivariate cointegration approach. The results show the existence …
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