Showing 41 - 50 of 55
This study explores the causal relationship between carbon dioxide (CO2) emissions, renewable and nuclear energy consumption and real GDP for the US for the period 1960-2007. Using a modified version of the Granger causality test, we found a unidirectional causality running from nuclear energy...
Persistent link: https://www.econbiz.de/10008523010
Challenges the claims of a previous article which tested the long-run relationship between economic growth and defence spending for mainland China for 1950-1991 and stated that the two series were integrated of the same order but not Granger-causally related to each other in any direction. Shows...
Persistent link: https://www.econbiz.de/10004976550
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This paper examines the causal relationship between financial development and economic growth for 21 African countries within a framework which also accounts for international trade. We develop a financial development index based on four different financial development indicators and apply the...
Persistent link: https://www.econbiz.de/10010744020
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This paper revisits the causal relationship between coal consumption and real GDP for six major coal consuming countries for the period 1965-2005 within a vector autoregressive (VAR) framework by including capital and labour as additional variables. Applying a modified version of the Granger...
Persistent link: https://www.econbiz.de/10008916577
This paper examines the long-run and the causal relationship between economic growth, pollutant emissions and energy consumption for South Africa for the period 1965-2006 in a multivariate framework which includes labour and capital as additional variables. Using the bound test approach to...
Persistent link: https://www.econbiz.de/10008863787
This paper examines the causal relationship between CO2 emissions, nuclear energy consumption, renewable energy consumption, and economic growth for a group of 19 developed and developing countries for the period 1984-2007 using a panel error correction model. The long-run estimates indicate...
Persistent link: https://www.econbiz.de/10008870400
This paper investigates the relationship between government expenditure and economic growth in Ethiopia to test Wagner’s Law which postulates that as real income increases there is a tendency for the share of public expenditure to increase relative to national income. Using the bounds test...
Persistent link: https://www.econbiz.de/10011096517