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Energy Consumption and Economic Growth – New Insights into the Cointegration Relationship

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Figure

Table 1: Overview of selected studies
Table 2: Time series unit root tests for common components of energy consumption, GDP and energy prices
Table 3: Panel unit root tests for the idiosyncratic components of energy consumption, GDP and energy prices
Table 4: Results of Johansen’s tests for cointegration among common components H 0 Trace Statistic Critical Value Max

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