Back to Search
Start Over
An investigation of cointegration between energy consumption and economic growth: Dynamic evidence from East Asian countries.
- Source :
- Global Economic Review; Dec2010, Vol. 39 Issue 4, p431-439, 9p, 5 Charts
- Publication Year :
- 2010
-
Abstract
- This paper aims to investigate the relationship between energy consumption and economic growth for 11 East Asian countries over the period 1971-2005 by taking into account their strong relationships. Based on fully modified ordinary least squares (FMOLS) and dynamic OLS (DOLS) approaches, while there exists a strong relation running from economic growth to energy consumption, it is observed that the strong relationship which runs from energy consumption to economic growth is overwhelmingly rejected for all cases except Indonesia and the Philippines. Moreover the inverse relation between two variables is observed for these two countries. [ABSTRACT FROM AUTHOR]
- Subjects :
- COINTEGRATION
ENERGY consumption
ECONOMIC development
GROSS domestic product
Subjects
Details
- Language :
- English
- ISSN :
- 1226508X
- Volume :
- 39
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Global Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 56040885
- Full Text :
- https://doi.org/10.1080/1226508X.2010.533852