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The aim of this article is to assess the empirical evidence of the nexus between aggregate income and energy consumption for Italy during the period 1970-2009, using a time-series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing...
Persistent link: https://www.econbiz.de/10008833269
This study examines the long-run equilibrium relationship between government expenditure and revenue in Italy from 1862 to 1993, using cointegration techniques and the direction of causality relationship in the long and short runs between the variables through integrating the Error Correction...
Persistent link: https://www.econbiz.de/10008765920
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Persistent link: https://www.econbiz.de/10011774824
In this paper, we analyse the relationship between public primary deficit and debt for Italian sustainability over the 1862-2013 years. Our empirical strategy uses the wavelet analysis. The empirical evidence suggests the presence of a substantial fiscal sustainability in the long run for Italy....
Persistent link: https://www.econbiz.de/10013288252
The aim of this article was to assess the empirical evidence of the nexus between GDP and energy consumption for Italy during the period 1970–2009, using a time series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing the data...
Persistent link: https://www.econbiz.de/10011151700
In this paper, we analyze the sustainability of Italian public finances using a unique database covering the period 1862-2013. This paper focuses on empirical tests for the sustainability and solvency of fiscal policies. A necessary but (Not sufficient condition implies that the growth rate of...
Persistent link: https://www.econbiz.de/10012217990
The aim of this article was to assess the empirical evidence of the nexus between GDP and energy consumption for Italy during the period 1970-2009, using a time series approach. After a brief introduction, a survey of the economic literature on this issue is shown, before discussing the data and...
Persistent link: https://www.econbiz.de/10014138714
This study examines the relationship between CO2 emissions, energy consumption and economic growth in Italy over the period 1970-2006. Results of unit root tests show that all variables are non-stationary in their level form, but stationary in first differences form. The causal relationship...
Persistent link: https://www.econbiz.de/10012972770