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

Authors
Publisher
Elsevier Ltd
Volume
16
Issue
5
Identifiers
DOI: 10.1016/j.rser.2012.01.041
Keywords
  • Economic Growth
  • Natural Gas Consumption
  • Capital
Disciplines
  • Economics

Abstract

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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