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We investigate the causal relationship between GDP and different types of energy consumption for the five South Asian Countries; Pakistan, India, Sri Lanka, Bangladesh and Nepal by using Error Correction Model and Toda and Yamamoto(1995) approach. For Pakistan evidence shows that there is...
Persistent link: https://www.econbiz.de/10005406795
The question of causal relationship between energy consumption and economic growth has significant importance in energy economics. This study aims at investigating ?does energy consumption cause economic growth or economic growth leads to more energy consumption?? For this purpose, departing...
Persistent link: https://www.econbiz.de/10009142594