4.4 Article

The long-run causal relationship between transport energy consumption and GDP: Evidence from heterogeneous panel methods robust to cross-sectional dependence

期刊

ECONOMICS LETTERS
卷 121, 期 3, 页码 524-527

出版社

ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2013.10.011

关键词

Transport energy consumption; Panel Granger causality; Cross-sectional dependence; Heterogeneous panels; Developed and developing countries

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This paper employs panel methods that address/mitigate heterogeneity and cross-sectional dependence to determine the direction and sign of long-run causality between transport energy consumption per capita and real GDP per capita. Granger-causality was determined to run from GDP to energy. (C) 2013 Elsevier B.V. All rights reserved.

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