CAUSALITY BETWEEN GDP, ENERGY AND COAL CONSUMPTION IN INDIA, 1970-2011: A NON-PARAMETRIC BOOTSTRAP APPROACH
Journal: DergiPark (Istanbul University)
Year: 2013

The aim of this paper is to examine the direction of causality between real GDP on the one hand and final energy and coal consumption on the other in India, for the period from 1970 to 2011. The methodology adopted is the non-parametric bootstrap procedure, which is used to construct the critical values for the hypothesis of causality. The results of the bootstrap tests show that for total energy consumption, there exists no causal relationship in either direction with GDP of India. However, if