of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs … and significant long-run energy price elasticity of GDP, while countries with a low degree experience the opposite effect … showing that the energy price volatility negatively affects the long-run economic growth of countries with a low degree of …

Index (LMDI) approach; 2) regression analysis was used to assess the relationship between energy price and national … intensity following Cobb-Douglas cost function, where the energy price of each country was measured using energy depletion and … 1990 to 2016. With respect to the impact of energy price on national intensity, we concluded that the relative energy price …