Rafiq, Shuddhasattwa; Salim, Ruhul A. - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 55 (2009) 4, pp. 335-350
This article examines the short- and long-run causal relationship between energy consumption and GDP of six emerging economies of Asia. Based on cointegration and vector error correction modeling the empirical results show that there exists a unidirectional shortand long-run causality running...