References
- Abosedra , S. and Baghestani , H. 1991 . New evidence on the causal relationship between United States energy consumption and gross national product . Journal of Energy and Development , 14 : 285 – 92 .
- Akarca , A. T. and Long , T. V. 1980 . On the relationship between energy and GNP: a reexamination . Journal of Energy and Development , 5 : 326 – 31 .
- Bowden , N. and Payne , J. E. 2009 . The causal relationship between US energy consumption and real output: a disaggregated analysis . Journal of Policy Modeling , 31 : 180 – 8 .
- Breitung , J. 2005 . A parametric approach to the estimation of cointegration vectors in panel data . Econometric Reviews , 24 : 151 – 73 .
- Breusch , T. and Pagan , A. 1980 . The LM test and its application to model specification in econometrics . Review of Economic Studies , 47 : 239 – 54 .
- Cheng , B. S. 1996 . An investigation of cointegration and causality between energy consumption and economic growth . Journal of Energy and Development , 21 : 73 – 84 .
- Erol , U. and Yu , E. S. H. 1989 . Spectral analysis of the relationship between energy consumption, employment and business cycles . Resources and Energy , 11 : 395 – 412 .
- Granger , C. W. J. 2003 . Some aspects of causal relationships . Journal of Econometrics , 112 : 69 – 71 .
- Kraft , J. and Kraft , A. 1978 . On the relationship between energy and GNP . Journal of Energy and Development , 3 : 401 – 13 .
- Kónya , L. 2006 . Exports and growth: Granger causality analysis on OECD countries with a panel data approach . Economic Modelling , 23 : 978 – 992 .
- Lee , C. C. 2006 . The causality relationship between energy consumption and GDP in G-11 countries revisited . Energy Policy , 34 : 1086 – 93 .
- Murray , D. A. and Nan , G. D. 1996 . A definition of the gross domestic product-electrification interrelationship . Journal of Energy and Development , 19 : 275 – 283 .
- Narayan , P. K. and Prasad , A. 2008 . Electricity consumption-real GDP causality nexus: evidence from a bootstrapped causality test for 30 OECD countries . Energy Policy , 36 : 910 – 18 .
- Ozturk , I. 2010 . A literature survey on energy–growth nexus . Energy Policy , 38 : 340 – 9 .
- Payne , J. E. 2010 . Survey of the international evidence on the causal relationship between energy consumption and growth . Journal of Economic Studies , 37 : 53 – 95 .
- Pesaran , M. H. 2004 . General diagnostic tests for cross section dependence in panels , Cambridge : University of Cambridge . Cambridge Working Papers in Economics No. 0435, Faculty of Economics
- Pesaran , M. H. 2006 . Estimation and inference in large heterogeneous panels with multifactor error structure . Econometrica , 74 : 967 – 1012 .
- Pesaran , M. H. , Ullah , A. and Yamagata , T. 2008 . A bias-adjusted LM test of error cross-section independence . Econometrics Journal , 11 : 105 – 27 .
- Pesaran , M. H. and Yamagata , T. 2008 . Testing slope homogeneity in large panels . Journal of Econometrics , 142 : 50 – 93 .
- Sarafidis , V. , Yamagata , T. and Robertson , D. 2009 . A test of cross section dependence for a linear dynamic panel model with regressors . Journal of Econometrics , 148 : 149 – 61 .
- Soytas , U. and Sari , R. 2006 . Energy consumption and income in G7 countries . Journal of Policy Modeling , 28 : 739 – 50 .
- Stern , D. I. 1993 . Energy and economic growth in the USA: a multivariate approach . Energy Economics , 15 : 137 – 50 .
- Stern , D. I. 2000 . A multivariate cointegration analysis of the role of energy in the US macroeconomy . Energy Economics , 22 : 267 – 83 .
- Swamy , P. A. V. B. 1970 . Efficient inference in a random coefficient regression model . Econometrica , 38 : 311 – 23 .
- The World Bank . 2011 . World Development Indicators , Washington , DC : The World Bank .
- Yu , E. S. H. and Choi , J. Y. 1985 . The causal relationship between energy and GNP: an international comparison . Journal of Energy and Development , 10 : 249 – 72 .
- Yu , E. S. H. and Hwang , B. 1984 . The relationship between energy and GNP: further results . Energy Economics , 6 : 186 – 90 .
- Zarnikau , J. 1997 . A reexamination of the causal relationship between energy consumption and gross national product . Journal of Energy Development , 21 : 229 – 39 .