This paper examines the relationship between natural gas consumption, economic growth and capital by using G-7 countries data and a bootstrap-corrected causality test for the period 1970–2008. It was found eight significant Granger causality relationships. For Italy, the Granger causality is...

This paper aims to investigate the relationship between energy consumption and economic growth for 11 East Asian countries over the period 1971-2005 by taking into account their strong relationships. Based on fully modified ordinary least squares (FMOLS) and dynamic OLS (DOLS) approaches, while...

This paper examines the unit root properties of energy consumption per capita for 15 East Asia & Pacific countries employing the Lagrange Multiplier (LM) panel unit root test with one structural break for 1971-2007. When we apply the LM univariate test without break, we find a unit root in per...

This study examines the validity of the purchasing power parity (PPP) in Turkey for annual data from 1953 to 2009. While results from both the ADF unit root and the DF-GLS unit root test indicate mixed results, PPP holds for Turkey with the presence of structural breaks which are obtained by...