Skip navigation
Skip navigation

A Multivariate Cointegration Analysis of the Role of Energy in the U.S. Macroeconomy

Stern, David I


This paper extends my previous analysis of the causal relationship of GDP and energy use in the USA in the post-war period to a cointegration analysis of that relationship. It is found that the majority of the relevant variables are integrated justifying a cointegration analysis. The results show that cointegration does occur and that energy input cannot be excluded from the cointegration space. The results are plausible in terms of macroeconomic dynamics. The results are similar to my previous...[Show more]

CollectionsANU Research Publications
Date published: 1998
Type: Working/Technical Paper
Source: Energy Economics


File Description SizeFormat Image
eep9803.pdf75.73 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  20 July 2017/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator