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The relationship between energy consumption, energy prices and economic growth: case study (OPEC countries)

โœ Scribed by Abbasinejad Hossein; Gudarzi Farahani Yazdan; Asghari Ghara Ehsan

Book ID
117966042
Publisher
Wiley (Blackwell Publishing)
Year
2012
Tongue
English
Weight
96 KB
Volume
36
Category
Article
ISSN
1753-0229

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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