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The relationship among natural gas energy consumption, capital and economic growth: Bootstrap-corrected causality tests from G-7 countries

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  • Kum, Hakan
  • Ocal, Oguz
  • Aslan, Alper

Abstract

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.

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Bibliographic Info

Article provided by Elsevier in its journal Renewable and Sustainable Energy Reviews.

Volume (Year): 16 (2012)
Issue (Month): 5 ()
Pages: 2361-2365

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Handle: RePEc:eee:rensus:v:16:y:2012:i:5:p:2361-2365

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Related research

Keywords: Economic growth; Natural Gas Consumption; Capital;

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References

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Citations

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Cited by:
  1. Farhani, Sahbi & Shahbaz, Muhammad & Arouri, Mohamed & Teulon, Frédéric, 2014. "The role of natural gas consumption and trade in Tunisia's output," Energy Policy, Elsevier, vol. 66(C), pages 677-684.
  2. Muhammad, Shahbaz & Lean, Hooi Hooi & Abdul, Farooq, 2012. "Natural Gas Consumption and Economic Growth in Pakistan," MPRA Paper 40959, University Library of Munich, Germany, revised 30 Aug 2012.
  3. Shahbaz, Muhammad & Farhani, Sahbi & Rahman, Mohammad Mafizur, 2013. "Natural Gas Consumption and Economic Growth Nexus: The Role of Exports, Capital and Labor in France," MPRA Paper 50619, University Library of Munich, Germany, revised 12 Oct 2013.
  4. Das, Anupam & McFarlane, Adian A. & Chowdhury, Murshed, 2013. "The dynamics of natural gas consumption and GDP in Bangladesh," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 269-274.
  5. Yildirim, Ertuğrul & Saraç, Şenay & Aslan, Alper, 2012. "Energy consumption and economic growth in the USA: Evidence from renewable energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(9), pages 6770-6774.
  6. Al-mulali, Usama & Fereidouni, Hassan Gholipour & Lee, Janice Ym & Sab, Che Normee Binti Che, 2013. "Examining the bi-directional long run relationship between renewable energy consumption and GDP growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 209-222.
  7. Xingang, Zhao & Jiaoli, Kang & Bei, Lan, 2013. "Focus on the development of shale gas in China—Based on SWOT analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 603-613.
  8. Saboori, Behnaz & Sulaiman, Jamalludin, 2013. "Environmental degradation, economic growth and energy consumption: Evidence of the environmental Kuznets curve in Malaysia," Energy Policy, Elsevier, vol. 60(C), pages 892-905.
  9. Sahbi Farhani & Muhammad Shahbaz & Mohammad Mafizur Rahman, 2014. "Natural gas consumption and economic growth in France: Evidence for the role of exports, capital and labor," Working Papers 2014-226, Department of Research, Ipag Business School.

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