Growth and Energy Nexus: An Empirical Analysis of Bangladesh Economy
European Journal of Social Sciences, Vol. 15, No. 2, 2010
5 Pages Posted: 23 Sep 2010
Date Written: September 8, 2010
This study aims to determine the relationship between the energy consumption and economic growth in the case of Bangladesh economy. Empirical evidence has presented by using the recent co integration techniques. The ARDL based causality test confirms bidirectional causality in the long run. The estimated coefficients of rolling window method demonstrate that both economic growth and energy consumption positively cause each other.
Keywords: Economic Growth, Energy Consumption, Bangladesh
JEL Classification: O10, C1
Suggested Citation: Suggested Citation