Causality between energy consumption and economic growth in India: a note on conflicting results
Causality between energy consumption and economic growth in India: a note on conflicting results
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DOI：
10.1016/j.eneco.2004.07.002
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发表时间：
2004-11-01
期刊：
影响因子：
12.8
通讯作者：
Bhattacharya, RN
中科院分区：
文献类型：
--
作者：
Paul, S;Bhattacharya, RN
本文考察了印度能源消费与经济增长之间不同方向的因果关系。运用Engle-格兰杰协整方法，结合标准的格兰杰因果关系检验，对印度1950-1996年的数据进行分析，发现能源消费与经济增长之间存在双向因果关系。此外，我们应用Johansen多元协整技术对不同的变量集。能源消费与经济增长之间存在同向因果关系。这与早期研究的结果不同。(C)2004 Elsevier B. V.保留所有权利。
This note examines the different direction of causal relation between energy consumption and economic growth in India. Applying Engle-Granger cointegation approach combined with the standard Granger causality test on Indian data for the period 1950-1996, we find that bi-directional causality exists between energy consumption and economic growth. Further, we apply Johansen multivariate cointegration technique on the different set of variables. The same direction of causality exists between energy consumption and economic growth. This is different from the results obtained in earlier studies. (C) 2004 Elsevier B.V. All rights reserved.