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The Electricity Consumption and Economic Growth Nexus in Pakistan : A New Evidence

Atif, Syed Muhammad; Siddiqi, Muhammad Wasif - 2012

This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan …

Persistent link: https://www.econbiz.de/10014197040

Causal Linkages between Electricity Consumption and GDP in Thailand : Evidence from the Bounds Test

Jiranyakul, Komain - 2016

This paper investigates the causal relationship between electricity consumption and real GDP by applying the bounds … suggest that there is long-run unidirectional causality between electricity consumption and real GDP. The source of causation …

Persistent link: https://www.econbiz.de/10014139783

Electricity Consumption and Economic Growth : Analysis and Forecasts Using VAR/VEC Approach for Greece with Capital Formation

Georgantopoulos, Andreas G. - 2019

This paper tests for the existence and direction of causality between electricity consumption and real gross domestic product for Greece. The study examines a trivariate system with capital formation for the period 1980-2010. Robust empirical results indicate that all variables are integrated of...

Persistent link: https://www.econbiz.de/10012905486

Electricity Consumption and Economic Growth : A Case Study of Pakistan

Atif, Syed Muhammad - 2012

(GDP) for Pakistan using annual data covering the period 1971–72 to 2007–08. Augmented Dickey-Fuller test reveals that both …

Persistent link: https://www.econbiz.de/10013099372

Causality Between Energy and Output in the Long-Run

Stern, David I. - 2014

Though there is a very large literature examining whether energy use Granger causes economic output or vice versa this literature is fairly inconclusive. Almost all existing studies use relatively short time series or panels with a relatively small time dimension. Additionally, many recent...

Persistent link: https://www.econbiz.de/10013063467

Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria : fresh insights from Maki cointegration and causality tests

Hamisu Sadi Ali; Nathaniel, Solomon P.; Uzuner, Gizem; … - 2020

In this era of intensive electricity utilization for economic development, the role of urbanization remains inconclusive, especially in developing economies. Here, this study examined the electricity consumption and economic growth nexus in a trivariate framework by incorporating urbanization as...

Persistent link: https://www.econbiz.de/10012171561

Long Run Relationship Between Oil Prices and Aggregate Oil Investment : Empirical Evidence

Guerra, Sergio - 2009

Using the aggregate number of oil rigs as a proxy of oil investment, I evaluate the bidirectional relationship between oil prices and oil investment in OPEC and Non-OPEC countries. We take advantage of Bayesian estimation techniques and innovation accounting to incorporate the long run dynamics...

Persistent link: https://www.econbiz.de/10012720960

International Oil Price and Sectoral Stock Prices : An Asymmetric Kernel and Nonlinear Autoregressive Distributed Lag Analysis

Banto, Jean Michel; Doho, Libaud Rudy Aurelien; Somé, … - 2023

In this work, we test the price sensitivity of sector indices to changes in the oil price over the period 2001 to 2021 using the kernel method and the non-linear autoregressive method with distributed lags (NARDL) proposed by Shin et al., (2014). We capture both short-term and long-term...

Persistent link: https://www.econbiz.de/10014348440

Revisiting the energy consumption-growth nexus for Croatia : new evidence from a multivariate framework analysis

Vlahinic, Nela; Jakovac, Pavle - In: Contemporary economics 8 (2014) 4, pp. 435-452

-investigate co-integration and the causal relationship between energy consumption and real GDP within a multivariate framework that … positive long-run co-integrated relationship between production inputs and real GDP and the important role of energy in … economic growth. It is found that a unidirectional causality runs from total final energy consumption to real GDP in the long …

Persistent link: https://www.econbiz.de/10010520878

Impact of energy consumption on poverty reduction in Africa

Okwanya, Innocent; Abah, Patricia O. - In: CBN journal of applied statistics 9 (2018) 1, pp. 105-139

This study investigates the impact of energy consumption on poverty reduction in a panel of 12 African countries over a period of 1981-2014. Using the Fully Modified Ordinary Least Square (FMOLS) method, the study shows that a long-run negative relationship exists between energy consumption and...

Persistent link: https://www.econbiz.de/10011922728