Shahbaz, Muhammad; Mutascu, Mihai; Tiwari, Aviral Kumar - In: Journal for Economic Forecasting (2012) 3, pp. 97-120
The paper empirically analyzes, in Romania’s case, the cointegration and causality between electricity consumption, capital and economic growth. The data set covers the period 1980-2011. The results show the existence of bidirectional causality between electricity consumption and economic...