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...

The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to GDP ratios led these countries to borrow at higher...