A Review of Energy Consumption and Financial Development Nexus
Journal Title: International Journal of Management Sciences - Year 2013, Vol 1, Issue 11
Abstract
The paper contribute to the body of knowledge in the area of energy and fiancé by reviewing empirical works to assess the link and causality between energy consumption and financial development. This paper is of paramount importance in the face of energy crisis in both developed and developing economies. These findings have been mixed or inconsistent. In some studies there is unidirectional causality while as in other studies there is bidirectional causality. This calls for further studies to contribute to the debate using multiple models in a single study.
Authors and Affiliations
Yeboah Asuamah Samuel, Ohene Manu, T. B. Wereko
Keywords
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