This article attempts to test the causal relationship between nuclear energy consumption and real GDP for nine developed countries for the period 1971-2005 by including capital and labour as additional variables. Using a modified version of the Granger causality test developed by Toda and...

The aim of this paper is to examine the impact of defence spending and income on the evolution of Ethiopia's external debt over the period 1970-2005. Using the bounds test approach to cointegration and Granger causality tests, we find a long run and a causal relationship between external debt,...

This paper re-examines the causal relationship between financial development and economic growth in Kenya for the period 1966-2005 within a quadvariate vector autoregressive (VAR) framework by including exports and imports as additional variables to the finance-economic growth nexus. We use four...

This paper attempts to examine the dynamic relationship between economic growth, nuclear energy consumption, labor and capital for India for the period 1969-2006. Applying the bounds test approach to cointegration developed by Pesaran et al. (2001) we find that there was a short- and a long-run...