Aluminum Consumption and Economic Growth: Evidence from Rich Countries
MetadataShow full item record
The article attempts to test the aluminum consumption-economic growth nexus for 20 rich economies for the period 1970-2009. Various panel data unit root and cointegration tests are applied. The series are found to be integrated of order one and cointegrated, especially after controlling for cross-sectional dependence. Moreover, the Blundell-Bond system generalized methods-of-moments is employed to conduct a panel causality test in a vector error-correction mechanism setting. Unidirectional causality running from aluminum consumption to real GDP is uncovered in the short-run, while real GDP is found to Granger-cause aluminum consumption in the long-run. Moreover, a 1% increase in real GDP generates an increase of 0.44% in aluminum consumption in the long-run for the whole panel. © 2012 International Association for Mathematical Geology.
Showing items related by title, author, creator and subject.
Uduman, N.; Danquah, Michael; Hoadley, A. (2013)With growing sustainable development and environmental protection concerns, it islogical that renewable fuels are becoming more important. Biodiesel is an alternative topetroleum based transport fuels and it has many ...
Influence of surface texture and acid-base properties on ozone decomposition catalyzed by aluminium (hydroxyl) oxidesFei, Q.; Chen, Z.; Xu, B.; Shen, J.; Ma, J.; Joll, Cynthia; Heitz, Anna (2008)The decomposition of aqueous ozone in the presence of three aluminum (hydroxyl) oxides was studied,respectively. It was hypothesized that surface hydroxyl groups and acid-base properties of aluminum(hydroxyl) oxides play ...
Synthesis of lab-in-a-pipette-tip extraction using hydrophilic nano-sized dummy molecularly imprinted polymer for purification and analysis of prednisolone.Arabi, M.; Ghaedi, M.; Ostovan, A.; Wang, Shaobin (2016)A novel pipette-tip based on nano-sized dummy molecularly imprinted polymer (PT-DMIP) assisted by ultrasonication for the effective enrichment and analysis of prednisolone from urine samples was developed. The PT-DMIP ...