Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1734177 | Energy | 2011 | 6 Pages |
Abstract
⺠We examine the causal relationship between energy use and economic growth in the US.⺠We use Markov switching (MS) causality to test for nonlinear causal relationships.⺠The causality relationships between these variables are time or regime dependent.⺠Two regimes are found and regime one covers the recession and energy crises periods.⺠A bidirectional and no causalities are found in regime one and two, respectively.
Keywords
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Firouz Fallahi,