Energy Utilization and Economic Growth in France: Evidence from Asymmetric Causality Test
AbstractThis paper contributes to literature by investigating the relationship between energy utilization and output per capita in France using asymmetric causality test over the period 1960-2011. Our approach is based on bootstrap simulation method combined with leveraged corrections that provide accurate critical values. We show that energy utilization explains output per capita over the long-run, but that the relationship between the two variables is rather asymmetric.
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Bibliographic InfoPaper provided by Department of Research, Ipag Business School in its series Working Papers with number 2014-102.
Length: 23 pages
Date of creation: 25 Feb 2014
Date of revision:
Energy Utilization; Income; Asymmetric Causality Test; France;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-03-08 (All new papers)
- NEP-ENE-2014-03-08 (Energy Economics)
- NEP-FDG-2014-03-08 (Financial Development & Growth)
- NEP-GRO-2014-03-08 (Economic Growth)
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