Purpose – This study seeks to provide answers to the following questions: Is there a relationship between poverty and income inequality in the short run/long run? Is the relationship unidirectional from income inequality to poverty as the previous studies assume, or is it bidirectional?...

Purpose – The purpose of this paper is to survey the empirical literature on the causal relationship between energy consumption and economic growth. Design/methodology/approach – The four major hypotheses (growth, conservation, neutrality, and feedback) are briefly outlined with respect to...

Purpose – The purpose of this paper is to examine the possibility of asymmetries in the budgetary adjustment process. Design/methodology/approach – The paper uses the TAR and MTAR models, set forth by Enders and Siklos, for the period 1957 to 2009. Findings – Short-run results indicate...

Purpose: This survey of the literature on the convergence of carbon dioxide (CO2) emissions informs researchers on areas for future research by summarizing the countries examined, the types of convergence tested and the methodological approaches undertaken. Design/methodology/approach: This...

Purpose – The purpose of this paper is to extend the literature on the relationship between inflation and inflation uncertainty by examining three Caribbean countries: the Bahamas, Barbados, and Jamaica. Design/methodology/approach – ARMA-GARCH models are used to estimate inflation...