Energy Consumption and Growth in Romania: Evidence from a Panel Error Correction Model

This study examines the relationship between energy consumption and economic growth for the economy of Romania over the period 2000-2011 within a multivariate framework. A cointegration and error correction model is employed to infer the causal relationship. Cointegration test reveals a long-run equ...

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Bibliographic Details
Main Authors: Nicholas Apergis, Dan Danuletiu
Format: Article
Language:English
Published: EconJournals 2012-01-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:http://econjournals.com/index.php/ijeep/article/view/316/161