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This paper uses panel cointegration techniques to examine the causal relationship between renewable energy consumption, economic growth and CO2 emissions for a group of 12 MENA countries covering the annual period 1975-2008. The Granger-causality results indicate that there is no causal...
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The purpose of this study is to investigate the relationship between natural gas consumption and economic growth of France.Design/methodology/approach: To analyze the relationship, an extended Cobb–Douglas production function is used. The auto-regressive distributive lag bounds testing...
Persistent link: https://www.econbiz.de/10012831924
This paper applies a newly developed LM unit root test based on residual augmented least squares (RALS) regression under structural break and Bayer–Hanck cointegration approach to explore the integrating properties and to check whether a long run relationship exists among energy demand,...
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Energy plays a vital role in economic development. It performs a key for sustainable development. Hence, many studies have attempted to look for the direction of causality between energy consumption (EC), economic growth (GDP) and CO2 emissions. This paper, therefore, applies the panel unit root...
Persistent link: https://www.econbiz.de/10014169871