The relationship among natural gas energy consumption, capital and economic growth: Bootstrap-corrected causality tests from G-7 countries
Oğuz Öcal () and
Alper Aslan ()
Renewable and Sustainable Energy Reviews, 2012, vol. 16, issue 5, 2361-2365
This paper examines the relationship between natural gas consumption, economic growth and capital by using G-7 countries data and a bootstrap-corrected causality test for the period 1970–2008. It was found eight significant Granger causality relationships. For Italy, the Granger causality is from natural gas consumption to growth and United Kingdom adverse. For pattern of France, Germany and United States there is two sided Granger causality between natural gas and growth.
Keywords: Economic growth; Natural Gas Consumption; Capital (search for similar items in EconPapers)
JEL-codes: E1 E2 (search for similar items in EconPapers)
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