Bootstrap ARDL on energy-growth relationship for 22 OECD countries |
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| Authors: | Soo Khoon Goh Joe Yee Yong Cheng Chan Lau Tuck Cheong Tang |
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| Institution: | 1. CenPRIS, University Science Malaysia, Penang, Malaysia;2. School of Social Science, University Science Malaysia, Penang, Malaysia;3. Faculty of Economics and Administration, University of Malaya, Kuala Lumpur, Malaysia |
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| 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. |
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| Keywords: | Bootstrap ARDL energy growth OECD |
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