We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union (EMU) countries over the period 1970-2016. Panel unit root tests in the presence of cross-section dependence show that the Government debt series is stationary, indicating that the solvency condition would...

This study investigates the nexus between renewable energy consumption and economic growth in Italy in the 1970-2007 years. The unit root tests results point out that our four variables are integrated of order one. Cointegration analysis reach contradictory results. However, the long-run...

We investigate the sustainability of fiscal policy in a set of 19 European Monetary Union (EMU) countries over the period 1970-2016. Panel unit root tests in the presence of cross-section dependence show that the government debt series is stationary, indicating that the solvency condition would...

The aim of this study is to investigate the sustainability of Italian public accounts using in a long-run perspective, using empirical tests on sustainability and solvency of the country's fiscal policies. The results of unit root and stationarity tests show that government expenditures and...

In this paper, we analyse the sustainability of Italian public finances using a unique database covering the period 1862–2013. This paper focuses on empirical tests for the sustainability and solvency of fiscal policies. A necessary but not sufficient condition implies that the growth rate of...

This study examines the relationship between CO2 emissions, energy consumption and economic growth in Italy over the period 1970-2006. Results of unit root tests show that all variables are non-stationary in their level form, but stationary in first differences form. The causal relationship...

The article explores the nexus between carbon dioxide emissions, economic growth, and energy use for 10 Middle East countries over the period 1971–2006. We use a panel VAR technique for the empirical analysis. The three-variable VAR estimate shows that for the six GCC countries the response of...

The paper aims to study the relationship between energy use and GDP in the period 1971-2007 for Israel with a time-series approach. Stationarity and unit root tests reveal that both series are non-stationary, or I(1). Moreover, since both series show the presence of a structural break, the...

Italian Abstract: In questo saggio vengono esaminati gli effetti di ampie manovre di politica di bilancio, ovvero di un consolidamento e di uno stimolo fiscale nei diciotto stati membri dell'Eurozona, in un periodo di riferimento che va dal 1980 al 2015. L'evidenza empirica dimostra che nel caso...