... This paper studies the time series properties of energy consumption and GDP and
reexamines the causality relationship between the two series in the top 10 emerging
markets—excluding China due to lack of data—and G-7 countries. ...

Causal relationship between energy consumption and economic growth is investigated
applying a multivariate model of capital, labor, energy and GDP. Usual BTU energy
aggregate is substituted with a Divisia aggregate in an attempt to mitigate aggregation ...

... 3. Data and empirical results. 3.1. Variable definition and data sources. In order
to investigate whether there is a causal relationship between energy consumption
and GDP, data covering the period 1954–1997 are used. The ...

This paper explores whether energy conservation policies can be implemented in countries
with the same level of development. That is, is restraining energy consumption without
compromising economic growth feasible in all industrialized countries? A new Granger ...

... Following advances in time series analysis in the last decade, recent tests of the energy
consumption–economic growth relationship have employed ... For example, recently, Glasure and
Lee (1997) tested for causality between energy consumption and GDP for South Korea ...

A number of industrialized and developing countries agreed to the terms of the Kyoto
protocol to conserve energy and reduce emissions. The close relationship between energy
consumption and real GDP growth suggests that energy conservation policies are likely to ...

This paper uses the panel data of energy consumption and GDP for 82 countries from 1972
to 2002. Based on the income levels defined by the World Bank, the data are divided into
four categories: low income group, lower middle income group, upper middle income ...

... On the other hand, the use of the standard Granger causality tests finds no causal
relationship between GDP and energy consumption for South Korea, but finds
unidirectional causality from energy consumption to GDP for Singapore. ...

... In a recent article, Soytas and Sari (2003), using Granger causality, examined the time
series properties of energy consumption and GDP and investigated the causality
relationship between two series in the top 10 emerging markets. ...

... Available online 10 May 2005. Abstract. In this paper we re-investigate the
co-movement and the causality relationship between energy consumption and GDP
in 18 developing countries, using data for the period 1975 to 2001. ...