Energy consumption and GDP in developing countries: A cointegrated panel analysis

Energy Consumption and Economic Growth Revisited: Structural Breaks and Cross-Section Dependence

“…Table 1 summarises the thereby existing panel data studies on the energy consumption-growth 7 nexus. 1 Furthermore, there are also some panel data studies on the relationship between growth and specific components of total energy consumption such as coal (Apergis and Payne, 2010a,b), electricity (e.g., Acaravci and Ozturk, 2010;Apergis and Payne, 2011a;Narayan and Smyth, 2009), nuclear energy (Apergis and Payne, 2010d;Lee and Chiu, 2011), and renewable energy (see, e.g., Apergis and Payne, 2010e;Sadorsky, 2009 The first panel data study on the relationship between energy consumption and growth by 1 For a detailed literature overview including time series studies on the causal relationship between energy consumption and economic growth, see the recent surveys by Ozturk (2010) and Payne (2010) 8 Lee (2005) Lee (2005) and Al-Iriani (2006), most panel data analyses have applied the panel unit root tests proposed by Hadri (2000), Levin et al (2002) (LLC) and/or Im et al (2003) (IPS), the Pedroni (1999Pedroni ( , 2004 panel cointegration test and the panel generalised method of moments (GMM) estimator proposed by Arellano and Bond (1991) to test for panel Granger causality.…”

Cointegration and the demand for energy in Fiji

“…Recent studies that made significant contribution to the literature are Al-faris (1992), Eltony and Hoque (1996), Mohammad and Eltony (1996), Masih and Masih (1996a & b), Cheng and Lai (1997), Brenton (1997), Diabi (1998), Ghali (1998), Pesaran et.al (1998), Sinton and Fridley (2000), Aqeel and Butt (2001), Hondroyiannis et.al (2002), Soytas and Sari (2003), Fisher-Vanden et.al (2004), Al-Iriani (2006), Wolde-Rufael (2006), Lee (2005), Yoo (2006), Mahadevan and AsafuAdjaye (2007) and Chiou-Wei et.al (2008). However, there are limited empirical studies on the demand for energy for small island states, for example, Fiji with only a few studies (Narayan andSingh, 2007 andRao andRao, 2009a &b).…”

Studying the relationship between economic growth, CO2 emissions, and the environmental Kuznets curve in Venezuela (1980–2025)

“…The empirical evidence suggests that GDP and pollution levels may be jointly determined, so that any constraint put on energy consumption to help the reduction of the emissions will have effects on economic growth. Some authors such as: Soytas et al [29], Soytas and Sari [30], Lee [31], Lise [32], Chontanawat et al [33], Halicioglu [34], Ozturk and Acaravci [35], Alam et al [36], Fosten et al [37], and Shahbaz et al [39,40], among others, use cointegration procedures to examine the relationship between CO 2 and income. All these studies focused on the analysis of past evidences.…”