Answers are grounded in this paper and cite their sources.
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.
No takes yet. Share an insight, caveat, or question.
Goh et al. (2017) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: