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The dynamics of oil consumption and economic growth in Malaysia

โœ Scribed by Park, Sun-Young; Yoo, Seung-Hoon

Book ID
121506833
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
348 KB
Volume
66
Category
Article
ISSN
0301-4215

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This paper examines the causal relationship between the per capita energy consumption and the per capita GDP in a panel of 11 selected oil exporting countries by using panel unit-root tests and panel cointegration analysis. The results show a unidirectional strong causality from economic growth to e