Financial development and energy consumption: evidence from a heterogeneous panel of Asian countries

• Main Author: Furuoka, Fumitaka
• Format: Article
• Published: Elsevier 2015
• Subjects: Q Science (General); T Technology (General)
• Online Access: http://eprints.um.edu.my/16385/; https://doi.org/10.1016/j.rser.2015.07.120

This paper examined relationships between financial development and energy consumption in Asia for the period of 1980-2012. For the purpose of the empirical analysis, it performed the heterogeneous panel causality test suggested by Dumitrescu and Hurlin [1]. The findings of the panel cointegration t...