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Tehranchian, Amir Mansour. (1385). On The Relationship between Energy Consumption and Real GDP on Iran: An Application of VEC Mode. , 11(16), 141-148. doi: 10.22059/ier.2006.30946
Amir Mansour Tehranchian. "On The Relationship between Energy Consumption and Real GDP on Iran: An Application of VEC Mode". , 11, 16, 1385, 141-148. doi: 10.22059/ier.2006.30946
Tehranchian, Amir Mansour. (1385). 'On The Relationship between Energy Consumption and Real GDP on Iran: An Application of VEC Mode', , 11(16), pp. 141-148. doi: 10.22059/ier.2006.30946
Tehranchian, Amir Mansour. On The Relationship between Energy Consumption and Real GDP on Iran: An Application of VEC Mode. , 1385; 11(16): 141-148. doi: 10.22059/ier.2006.30946

On The Relationship between Energy Consumption and Real GDP on Iran: An Application of VEC Mode

Iranian Economic Review
مقاله 8، دوره 11، شماره 16، تیر 2006، صفحه 141-148    اصل مقاله (346.98 K)
شناسه دیجیتال (DOI): 10.22059/ier.2006.30946
نویسنده
Amir Mansour Tehranchian*
Department of Economics, Faculty of Economic and Administrative Sciences, University of Mazandaran, Babolsar, Iran.
چکیده
This paper examines the causal relationship between energy use and real GDP for the period 1967-2002 in Iran. The results of Phillips- Perron test indicate that the real GDP and the four categories of energy, i.e. coal, oil, gas, and hydroelectric energy are integrated of order one. Besides, the Johansen — Juselius maximum likelihood co- integration tests imply the existence of Granger causality. The VEC models that have been estimated to test the direction of Granger causality support a unidirectional causality from GDP to energy use in short run.
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