Since 2014
Econometric analysis of oil consumption and economic growth in Nepal
Economic Journal of Development Issues
View Archive Info| Field | Value | |
| Title |
Econometric analysis of oil consumption and economic growth in Nepal
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| Creator |
Bhusal, Tara Prasad; Lecturer, Department of Economics, Patan Multiple Campus, Tribhuvan University
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| Subject |
Economic growth
Oil consumption; Economic Growth; Causality; Co-integration |
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| Description |
Oil is one of the main inputs for many sectors like transportation, manufacturing, electricity generation and others. Oil is also very important for the economic growth of Nepal. This paper examines the short and long-run causality between oil consumption and Gross Domestic Product for Nepal using annual data covering the period of 1975-2009. Granger causality test is employed to analyse the relationship between economic growth and oil consumption variables with same order of integration (I (1)). In this study is found that there exists bi-directional Granger causality between oil consumption and economic growth in the short and long run.Key words: Oilconsumption; Economic Growth; Causality; Co-integrationEconomic Journal of Development Issues Vol. 11 & 12 No. 1-2 (2010) Combined IssuePage: 135-143Uploaded date: 10 April, 2012
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| Publisher |
Department of Economics Patan Multiple Campus
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| Contributor |
—
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| Date |
2012-04-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-Reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://www.nepjol.info/index.php/EJDI/article/view/6112
10.3126/ejdi.v11i0.6112 |
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| Source |
Economic Journal of Development Issues; Vol 11 & 12 (2010 & 2011); 135-143
2091-2285 2091-055X |
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| Language |
eng
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| Relation |
http://www.nepjol.info/index.php/EJDI/article/view/6112/5018
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| Coverage |
Nepal
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