The energy consumption-GDP nexus: Panel data evidence from 88 countries

Sinha, Dipendra (2009): The energy consumption-GDP nexus: Panel data evidence from 88 countries.

Abstract

This paper uses panel data from 88 countries to examine the relationship between per capita GDP and per capita energy consumption. The results show that per capita GDP and per capita energy consumption are cointegrated. Also, there is a two-way short-run, long-run and strong causality between the growth of GDP and growth of energy consumption. These results are in contrast to almost all other existing studies.

• Item Type: MPRA Paper
• Language: English
• Keywords: panel data; energy consumption; economic growth
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C23 - Panel Data Models ; Spatio-temporal Models

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