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Is there really Granger causality between energy use and output?

Stern, David I.; Bruns, Stephan B.; Gross, Christian


We carry out a meta-analysis of the very large literature on Granger causality tests between energy use and economic output to determine if there is a genuine effect in this literature or whether the large number of apparently significant results is due to publication and misspecification bias. Our model extends the standard meta-regression model for detecting genuine effects using the statistical power trace in the presence of publication biases by controlling for the tendency to over-fit...[Show more]

CollectionsANU Research Publications
Date published: 2013-03-08
Type: Working/Technical Paper
Source: The Energy Journal
DOI: 10.2139/ssrn.2232455


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