It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth in the transition countries by the Panel ARDL method and Pedroni cointegration analysis. Analyzed countries are gathered under two group. For Group 1, Pedroni panel cointegration...

Knowledge of the direction of the causality between electricity consumption and economic growth is of primary importance if appropriate energy policies and energy conservation measures are to be devised. This study estimates the causality relationship between electricity consumption and economic...