“…On the other hand, studies such as Cheng andLai (1997), Ghosh (2002), Soytas and Sari (2003), Yoo (2006), Halicioglu (2007) and Hu and Lin (2008) find evidence of the unidirectional causality running from economic growth to energy consumption. Finally, the evidence of bidirectional causality between energy consumption and economic growth has been found in, among others, Ebohon (1996), Yang (2000), Hondroyiannis et al, (2002), Yoo (2005), Zachariadis and Pashourtidou (2007), Wolde-Rufael (2006), Squalli (2007), Chen et al (2007), Akinlo (2008), Narayan and Smyth (2009), Wolde-Rufael (2009), and Shahbaz et al (2012.…”