Bootstrap ARDL on energy-growth relationship for 22 OECD countries
Soo Khoon Goh,
Joe Yee Yong,
Jorge Chan-Lau and
Tuck Cheong Tang ()
Applied Economics Letters, 2017, vol. 24, issue 20, 1464-1467
Abstract:
Applying a recent bootstrap autoregressive distributed lag method, this article re-examines the energy-growth relationship for 22 OECD countries over the period 1966–2013. The empirical results suggest degenerate cases for eight countries. Only Japan is truly cointegrated. Some causality patterns are identified.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:24:y:2017:i:20:p:1464-1467
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DOI: 10.1080/13504851.2017.1284980
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