The causal relationship between natural gas consumption and economic growth : evidence from the G7 countries

dc.contributor.authorChang, Tsangyao
dc.contributor.authorGupta, Rangan
dc.contributor.authorInglesi-Lotz, Roula
dc.contributor.authorMasabala, Lilian S.
dc.contributor.authorSimo-Kengne, Beatrice Desiree
dc.contributor.authorWeideman, Jaco P.
dc.contributor.emailroula.inglesi-lotz@Up.ac.zaen_ZA
dc.date.accessioned2015-11-23T05:58:10Z
dc.date.issued2016-01
dc.description.abstractThis article re-examines the nature of the causality between natural gas consumption and economic growth in G7 countries over the period from 1965 to 2011. We employ the Granger causality procedure proposed by Emirmahmutoglu and Kose (2011) which takes into account cross-sectional dependency and heterogeneity across countries. Our overall empirical results support the neutrality hypothesis for the panel while the individual country results confirm the same result with the exception of the case of UK, where the conservation hypothesis is confirmed, showing that GDP causes natural gas consumption in the country. These results make policies that promote the consumption of natural gas risk-free with regard to their effects to the economic growth and development levels.en_ZA
dc.description.embargo2017-06-30
dc.description.librarianhb2015en_ZA
dc.description.urihttp://www.tandfonline.com/loi/rael20en_ZA
dc.identifier.citationTsangyao Chang, Rangan Gupta, Roula Inglesi-Lotz, Lilian S. Masabala Beatrice D. Simo-Kengne & Jaco P. Weideman (2016) The causal relationship between natural gas consumption and economic growth: evidence from the G7 countries, Applied Economics Letters, 23:1, 38-46, DOI: 10.1080/13504851.2015.1047085en_ZA
dc.identifier.issn1350-4851 (print)
dc.identifier.issn1466-4291 (online)
dc.identifier.other10.1080/13504851.2015.1047085
dc.identifier.urihttp://hdl.handle.net/2263/50574
dc.language.isoenen_ZA
dc.publisherRoutledgeen_ZA
dc.rights© 2015 Taylor & Francis. This is an electronic version of an article published in Applied Economics Letters, vol. 23, no.1, pp. 38-46, 2016. doi :10.1080/13504851.2015.1047085. Applied Economics Letters is available online at : http://www.tandfonline.com/loi/rael20.en_ZA
dc.subjectEnergyen_ZA
dc.subjectNatural gasen_ZA
dc.subjectEconomic growthen_ZA
dc.subjectPanel Granger causalityen_ZA
dc.titleThe causal relationship between natural gas consumption and economic growth : evidence from the G7 countriesen_ZA
dc.typePostprint Articleen_ZA

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