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Bootstrap ARDL on energy-growth relationship for 22 OECD countries

Soo Khoon GohJoe Yee YongCheng Chan LauTuck Cheong TangFaculty of Economics and Administration, University of Malaya, Kuala Lumpur, Malaysia
2017en
ABI

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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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