This paper investigates the stationary properties of electric power consumption in 18 countries in the Middle East and North Africa (MENA) by using yearly data over the period 1971–2013. After having controlled for the presence of cross-section dependence, the ‘second generation’ panel...

The Coronavirus Disease 2019 (COVID-19) continues to be a constant threat in 2022 and is important to design appropriate vaccination campaigns to face next pandemic impacts driven by new variants. This study develops a Machine Learning experiment that shows, between countries, a rapid reduction...

This article re-examines the persistence in natural gas consumption using an alternative methodology. We compare the results of traditional panel unit root tests with those provided by Bahmani-Oskooee et al., which allow for both sharp and smooth breaks. Our analysis uses data for the G7...

Italian Abstract: L’obiettivo del saggio è confrontare le politiche di austerità dei governi Thatcher e quelle di alcuni governi europei di oggi. Infatti, la situazione del Regno Unito alla fine degli anni Settanta è per molti aspetti simile a quella di molte economie europee attuali: crisi...

The aim of this article was to assess the empirical evidence of the nexus between GDP and energy consumption for Italy during the period 1970-2009, using a time series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing the data and...

The aim of this study is to assess the relationship between revenue and expenditure in the ASEAN countries. Using annual data for the period between 1980 and 2012 in ten member states, a long-run relationship between government expenditure and revenue emerges, both in ASEAN-6 and ASEAN-10...

Italian Abstract:In questo saggio vengono utilizzati metodi di analisi delle serie storiche al fine di studiare le relazioni tra il rapporto debito pubblico/PIL e le sue determinanti macroeconomiche (quali il rapporto saldo primario/PIL, il PIL reale, il tasso di inflazione e il tasso di...

The social expenditure in 30 European countries over the period 1970-2011 is examined, applying static and dynamic panel estimators in order to identify the determinants of social expenditure. After a brief introduction and a survey of the economic literature on this issue, we discuss the data...