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Curriculum Vitae
Nicholas Apergis
PERSONAL DATA
Date of Birth: November 25, 1962
Address: Department of Banking & Financial Management
University of Piraeus, Piraeus 18534, Greece,
Τel. (+3210) 414 2429, Fax. (+3210) 414 2341
E-Mail: [email protected]
h-Scopus index = 15
h-Google Scholar index = 25
FIELDS OF SPECIALIZATION AND RESEARCH INTERESTS
Applied Macroeconomics and Macro Finance, Open Economy Macroeconomics
EDUCATION
1. Ph. D. in Economics (Fordham University, NY, 1992) in Macroeconomics
Ph.D. Dissertation: ‘The Role of Intervention Policies in the Foreign Exchange
Market in the Process of Business Cycles: The Case of the U.S.’
Committee: Professor Dominick Salvatore (Mentor), Parantap Basu, Hrishikesh
Vinod
2. M.A. in Economics (Economic University of Athens, 1986)
3. B.A. in Economics (University of Athens, Greece, 1984)
PROJECTS-AWARDS
2012-2013: Holder of One-Year Research Scholarship offered by Latsis Foudation
relating to the project: ‘Spillovers in Means and Volatility between Food Prices and
Biofuel Energy Prices’.
2
2009-2010: Holder of One-Year Research Scholarship offered by the London School of
Economics relating to the Project: ‘Inflation and Prices in Greece: Causes and
Characteristics’.
LANGUAGES
Greek (native language)
English (Perfect)
TEACHING EMPLOYMENT
1991-1992
Visitor Professor (Fordham University and Manhattan College). Courses:
Μacroeconomics, Μicroeconomics, International Monetary relations.
1993-1994
Visitor Professor (State University of New York at New Paltz),
Courses: Μacroeconomics, Economics of European Integration.
1994-1998
Lecturer,
University
of
Macedonia,
Undergraduate
courses:
Μacroeconomics I and II, Advanced Macroeconomics, Macroeconomics
of Economic Integration. Graduate courses: Μacroeconomics Ι and
Topics in Macroeconomic Analysis.
1998-1999
Assistant Professor, University of Macedonia. Undergraduate
Courses: Μacroeconomics, Graduate courses: Μacroeconomics Ι
and Topics in Macroeconomic Αnalysis, Supervisor of MA theses.
1999-2002
Associate Professor. University of Ioannina. Undergraduate
Courses: Μacroeconomics, Monetary Theory and Policy, Time Series
Analysis for Economics and Finance.
2000-Present
Coordinator and Member of the Money & Capital Markets
Division, Hellenic Open University. Member of the Program
Committee. Member of Doctoral Dissertations.
2002-2006
Professor, University of Macedonia, Undergraduate Courses:
Μacroeconomics and Monetary Theory and Policy, Theories of
Economic Integration, Graduate courses: Advanced topics in
Macroeconomics.
2006-Present
Professor, University of Piraeus, Undergraduate courses: Open
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Economy Macroeconomics, Fixed Income Securities Markets,
International Finance, Graduate Courses: International Money
Markets, Investment in Real Estae, Supervisor of MA theses, Supervisor
of PhD theses.
2012-Present Visiting Professor, International Hellenic University, Graduate Course:
The Economics of Eenergy Markets, Supervisor of MA theses.
PUBLICATIONS (Journals):
1) Apergis, N. (1992) ‘Estimation of Target Effective Exchange Rates: The Case of the
U.S.’, The American Economist, 36, 22-28.
2) Alexakis, P. and Apergis, N. (1994) ‘The Feldstein-Horioka Puzzle and Exchange Rate
Regimes: Evidence from Cointegration Tests’, Journal of Policy Modeling, 16, 459472.
3) Apergis, N. and Katrakilidis, C. (1995) ‘Public deficit monetization in Greece:
Evidence using structural VAR modeling’, Studi Economici, 56, 137-152
4) Alexakis, P. and Apergis, N. (1996) ‘ARCH Effects and Cointegration: Is the Foreign
Market Efficient?’, Journal of Banking and Finance, 20, 687-697.
5) Apergis, N. and Karfakis, C. (1996) ‘Sources of Fluctuations in Exchange Rates: A
Structural VAR Analysis’, Applied Economics Letters, 3, 251-254.
6) Alexakis, P., Apergis, N., and Xanthakis, E. (1996) ‘Stock Prices and Inflation
Volatility: Evidence from an ARCH Model’, International Advances in Economic
Research, 2, 101-111.
7) Apergis, N. (1996) ‘The Cyclical Behavior of Prices: Evidence from Seven
Developing Economies’ The Developing Economies, 34, 204-211.
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8) Apergis, N. (1996) ‘What Opportunity Cost of Holding Real Balances? The Case of
Greece 1978-1993’, Applied Economic Letters, 3, 483-485.
9) Apergis, N. (1996) ‘Trends in Macroeconomic Series: Any Permanent Effects from
Policy Regime Changes ”, (Rivista Ιnternationale di Scienze Economiche e
Commerciali), International Review of Economics and Business, 43, 347-358.
10) Apergis, N. and Varelas, E. (1996) ‘Can the Buffer-Stock Hypothesis Explain Money
Demand? Evidence from a SVAR Model’, International Review of Economics and
Business 43, 607-616.
11) Apergis, N. (1997) ‘Domestic and Eurocurrency Yields: Any Exchange Rate Link?
Evidence from a VAR Model’, Journal of Policy Modeling, 19, 41-47.
12) Apergis, N. and Eleftheriou S. (1997) ‘The Efficient Hypothesis and Deregulation:
The Greek Case’, Applied Economics, 29, 111-117.
13) Apergis, N., Papanastasiou, J., and Velentzas, C. (1997) ‘The Credibility of Policy
Announcements: The Greek Evidence’, Applied Economics, 29, 699-705.
14) Apergis, N. (1997) ‘Inflation Uncertainty, Money Demand and Monetary
Deregulation: Evidence from a Univariate ARCH Model and Cointegration Tests’,
Journal of Policy Modeling, 19, 279-293.
15) Apergis, N. (1998) ‘Budget Deficits and Exchange Rates: Further Evidence from
Causality and Cointegration Tests’, Journal of Economic Studies, 25, 161-178.
16) Alexakis, P., Apergis, N., and Xanthakis, E. (1997) ‘Integration of International
Capital Markets: Further Evidence from EMS Non-EMS Membership’, Journal of
International Financial Markets, Institutions & Money, 7, 277-287.
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17) Apergis, N. and Tsoulfidis, E. (1997) ‘The Relationship Between Saving and
Finance: Theory and Evidence from EU Countries’, Research in Economics (Researche
Economichi), 51, 333-358.
18) Apergis, N., Katrakilidis, C., and Papastamatis, S. (1998) ‘ ”Meteor Showers”
and “Heat Waves” in Greek Financial Markets’, International Advances in
Economic Research, 3, 364-375.
19) Apergis, N. and Tsoulfidis, E. (1998) ‘Money Supply Endogeneity in Greece: Further
Evidence from Cointegration and Causality Tests‘, Rivista Internationale di Scienze
Economiche e Commerciali, 45, 167-184.
20) Apergis, N. (2000) ‘Exchange Rate Volatility and Accounting for the Impact of
Economic Events: Evidence from a GARCH Model‘, The Indian Economic Journal,
25, 27-38.
21) Apergis, N. (1998) ‘Stock Market Volatility and Deviations from Macroeconomic
Fundamentals: Evidence from GARCH and GARCH-X Models’, Kredit und Kapital, 3,
400-412.
22) Apergis, N. (1998) ‘Inflation and Uncertainty: Does the EMS Participation Play Any
Role?’, Journal of Economic Integration, 13, 586-605.
23) Apergis, N. (2001) ‘Employment News and Exchange Rates: Policy Implications for
the European Union’, Applied Economics Letters 7, 695-698.
24) Apergis, N. (1999) ‘Inflation Uncertainty and Money Demand: Evidence from a
Monetary Regime Change and the Case of Greece‘, International Economic Journal
13, 21-30.
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25) Apergis, N. (1999) ‘Monetary Policy Design and the Buffer-Stock Hypothesis:
Further Evidence from European Union Countries’, Applied Economics Letters, 6, 793796.
26) Apergis, N. and Katrakilidis, C. (1998) ‘Does Inflation Uncertainty Matter in Foreign
Direct Investment Decisions? An Empirical Investigation for Portugal, Spain, and
Greece’, (International Review of Economics and Business), Rivista Internazionale
and Scienze Economiche & Commerciali, 45, 729-744.
27) Apergis, N. (2000) 'Public and Private Investments in Greece: Complementary or
Substitute Goods', Bulletin of Economic Research 52, 225-234..
28) Αpergis, N., Katrakilidis, K., and Tabakis, N. (2000) 'Current Account Deficit
Sustainability: The Case of Greece', Applied Economic Letters 7, 599-603.
29) Apergis, N. (2000) 'Black Market Rates and Official Rates in Armenia: Evidence
from Causality Tests in Alternative Regimes', Eastern Economic Journal 26, 335344.
30) Apergis, N., Varelas, E., and Velentzas, E. (2000) ‘Money Supply, Consumption, and
Deregulation: The Case of Greece’, Applied Economics Letters, 7, 385-390.
31) Apergis, N. (2001) 'Reassessing the Role of Buffer-Stock Money under Oil Price
Shocks', Atlantic Economic Journal 29, 20-30.
32) Αpergis, N. and S. Eleptheriou (2001) 'Measuring price elasticity of aggregate
demand in Greece: 1961-1995', Public Finance Review 28, 452-467.
33) Apergis, N. (2000) 'Monetary Deregulation and Consumption: Evidence from Certain
Components of Consumption', Economic Issues 5, 15-20.
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34) Apergis, N. and Katrakylidis, C. (2001) 'Testing the intertemporal substitution
hypothesis: the impact of income uncertainty on savings', Weltwirtschaftliches Archiv
137, 537-548.
35) Apergis, N. and Eleftheriou, S. (2001) 'Stock returns and volatility: evidence from the
Athens Stock Exchange Market Index', Journal of Economics and Finance 25, 50-61.
36) Apergis, N. and A. Rezitis (2001) 'Asymmetric cross-market volatility spillovers:
Evidence from intra-day data on equity and foreign exchange markets', Manchester
School of Economics 69, 81-96.
37) Apergis, N. and Eleftheriou, S. (2002) 'Interest rates, inflation and stock prices: The
case of the ASE', Journal of Policy Modeling 24, 231-236.
38) Apergis, N. (2002) 'Business Fluctuations Under ‘Hysteresis’ Effects: The Case of
Greece', Indian Economic Journal 27, 30-41.
39) Apergis, N. and Eleftheriou, S. (2002) ‘Measuring exchange market pressure and the
degree of exchange market intervention for the Greek Drachma’, International
Economic Journal 16, 135-145.
40) Apergis, N. and Rezitis, A. (2003) 'Mean spillover effects in agricultural prices:
evidence from changes in policy regimes', International Advances in Economic
Research 9, 69-78.
41) Apergis, N. (2003) 'Testing purchasing power: results from a new foreign exchange
market', Applied Economics Letters 10, 91-95.
42) Apergis, N. and Rezitis, A. (2003) ' Food price volatility and macroeconomic factor
volatility: 'Heat waves' or 'meteor showers'?, Applied Economics Letters, 10, 155-160.
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43) Apergis, N. and Velentzas, C. (2003) 'The impact of financial deregulation in Greece
on consumption patterns', Economia Internazionale 55, 283-296.
44) Apergis, N. and Zikos, S. (2003) 'The law of Verdoorn: evidence from Greek
disaggregated manufacturing time series data', Economic and Social Review 34, 87-104.
45) Apergis, N. and Rezitis, A. (2003) 'An examination of Okun's law: Evidence from
regional areas in Greece', Applied Economics 35, 1147-1151.
46) Apergis, N. and Rezitis, A. (2003) 'Operational efficiency in the Greek banking
industry: Evidence from the stochastic frontier approach and error decompositions',
(International Review of Economics and Business), Rivista Internazionale and
Scienze Economiche & Commerciali 43, 347-358.
47) Apergis, N., Kyrkilis, D. and Rezitis, A. (2003) 'Exchange rate volatility and inward
foreign direct investment in Greece: the prospects of EMU membership', (International
Review of Economics and Business), Rivista Internazionale and Scienze Economiche
& Commerciali 43, 364-375.
48) Apergis, N. and Eleftheriou, S. (2003) 'Exchange rates and stock prices: Further
evidence from intertemporal asset pricing and an error correction model', International
Journal of Applied Business and Economic Research 1, 73-88.
49) Apergis, N. and A. Rezitis (2003) ‘Housing prices and macroeconomic factors in
Greece: prospects within the EMU’, Applied Economics Letters, 10, 561-565.
50) Apergis, N. and A. Rezitis (2003) ‘Agricultural price volatility spillover effects: the
case of Greece’, European Review of Agricultural Economics, 30, 389-406.
51) Apergis, N. and A. Rezitis (2003) ‘Mean spillover effects in agricultural prices: the
case of Greece’, Agribusiness 19, 425-437.
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52) Apergis, N. (2003) ‘Housing prices and macroeconomic factors: prospects within the
European Monetary Union’, International Real Estate Review 6, 47-63.
53) Apergis, N. and S. Miller (2004) ‘Macroeconomic rationality and Lucas’s
Misperceptions Model: Further Evidence from Panel Data’, Journal of Economics and
Business 56, 227-241.
54) Apergis, N. (2004) ‘Aggregate employment and sectoral shocks in Greece: Evidence
from GARCH-M estimates and variance decompositions’, Global Journal of Finance
and Economics 10, 1-14.
55) Apergis N. (2004) ‘Inflation, Output Growth, Volatility and Causality: Evidence from
Panel Data and the G7 Countries’, Economics Letters 83, 185-191.
56) Apergis, N. (2004) ‘Long memory patterns in the foreign exchange market’, Indian
Journal of Economics & Business 18, 38-49.
57) Apergis, N. (2003) ‘The inflation-output volatility trade-off: a case where antiinflation monetary policy turns out to be successful, a historical assessment’, Journal of
Policy Modeling, 25, 881-892.
58) Apergis, N. (2005) ‘Inflation Uncertainty and Growth: Evidence from Panel Data’,
Australian Economic Papers 44, 186-197.
59) Apergis, N. and Rezitis, A. (2004) ‘Cost structure, technological change, and
productivity growth in the Greek Banking Sector’, International Advances of Economic
Research, 1-15.
60) Apergis, N. and Rezitis, A. (2004) ‘Agricultural price volatility spill-over effects:
Reply’, European Review of Agricultural Economics, 31, 487-488.
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61) Apergis, N. (2005) ‘The natural rate of unemployment in Greece’, Journal of Policy
Modeling 27, 91-99.
62) Apergis, N. and S. Miller (2005) ‘Money volatility and output volatility: any
asymmetric effects? Evidence from conditional measures of volatility’, Journal of
Economic Studies 32, 511-523.
63) Apergis, N. (2006) ‘Housing prices and the macroeconomy: Evidence from a panel of
European Mediterranean countries’, Indian Journal of Economics & Business, 5, 1-12.
64) Apergis, N. and A. Rezitis (2007) ‘Spillover effects in agricultural prices: A panel
cointegration and causality approach’, Journal of Agricultural and Food Economics
14, 25-37.
65) Apergis, N., C. Katrakilidis, and N. Tabakis (2006) ‘Dynamic linkages between FDI
inflows and domestic investment: A panel cointegration approach ‘, Atlantic Economic
Journal 34, 385-394.
66) Αpergis, N., I. Filippidis, and Economidou, C. (2007) ‘Financial deepening and
economic growth linkages: a panel data analysis’, Review of World Economics
(Weltwirtschaftliches Archiv) 143, 179-198.
67) Apergis, N. and Miller, S. (2007), ‘Consumption Asymmetry and the Stock Market:
Empirical Evidence’, Economics Letters 93, 337-342.
68) Apergis, N., K. Lyroudi and A. Sfetsos (2008) ‘Private and Government
Consumption in Transitional Economies: A Panel Data Analysis’, Journal of Economic
Development 33, 113-131.
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69) Apergis, N. and Alexakis, P. (2008) ‘Stock returns and expected output: evidence
from the G7 economies’, International Journal of Economic Research 8, 25-39.
70) Apergis, N., Miller, S., Panethimitakis, A. and Vamvakidis, T. (2009) ‘Inflation
Targeting and Output Growth: Evidence from Aggregate European Data”, Economic and
Financial Modelling 11, 36-54.
71) Apergis, N., Lyroudi, K. and McCarty, D. (2007) ‘The role of liquidity for the UK
companies: A panel cointegration and causality approach’, Asian-African Journal of
Economics and Econometrics 8, 20-32.
72) Apergis, N. and Theodosiou, Ι. (2007) ‘The employment-wage relationship: was
Keynes right after all?’, American Review of Political Economy 6, 40-50.
73) Apergis, N. and S. Miller (2007) ‘Total factor productivity and monetary policy:
Evidence from conditional volatility’, International Finance 10, 131-152.
74) Apergis, N. (2009) ‘Foreign direct investment inward and outward: Evidence from
panel data, developed and developing economies, open and closed economies’, The
American Economist, 53, 21-30.
75) Apergis, N., C. Katrakalidis and N. Tambakis (2007) ‘Foreign Direct Investment
Inward and Foreign Direct Investment Outward; Evidence from Panel Data, Indian
Development Review: An International Journal of Development Economics 8, 11-24.
76) Apergis, N. (2008) ‘Foreign Direct Investment Inward and Foreign Direct Investment
Outward: Evidence from Panel Unit Root and Cointegration Tests with a Certain Number
of Structural Changes’ Global Economy Journal (published by Berkley University) 8,
1-16.
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77) Apergis, N., Economidou C. and Fillipidis, I. (2008) ‘Innovation, Technology
Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing
Industries, Review of World Economics (Weltwirtschaftliches Archiv) 144, 491-508.
78) Apergis, N., Lyroudi, K. and Vamvakidis, A. (2008) ‘The relationship between FDI
and economic growth: Evidence from transition countries’, Transition Studies Review,
15, 37-51.
79) Apergis, N. and J. Payne (2009) ‘Energy consumption and economic growth in
Central America: Evidence from a panel cointegration and error correction model’,
Energy Economics, 31, 211-216.
80) Apergis, N. and Eleftheriou, S. (2009) ‘Firm profitability and stock returns: Is there
any role of the firm size? A panel data approach’, International Journal of Economic
Issues 34, 56-73.
81) Αpergis, N., Economidou, C. and Fillipidis, J. (2009) ‘International technology
spillovers, human capital and productivity linkages: Evidence from the industrial sector’,
Empirica 36, 365-387.
82) Apergis, N. and Ventouris, L. (2009) ‘Asymmetries in monetary policy’,
International Journal of Economic Research 10, 20-33.
83) Apergis, N. and J. Payne (2009) ‘Energy consumption and economic growth:
Evidence from the commonwealth of independent states’, Energy Economics, 31, 641647.
84) Apergis, N. and S. Miller (2009) ‘Do structural oil-market shocks affect stock
prices?’, Energy Economics 31, 569-575.
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85) Apergis, N. and J. Payne (2009) ‘CO2 Emissions, Energy Usage, and Output in
Central America’, Energy Policy, 37, 3282-3286.
86) Apergis, N. (2009) ‘Technology, Human Capital and Growth: Further Evidence from
Threshold Cointegration’, Open Economics Journal 2, 80-86.
87) Apergis, N. and Tsoumas, C. (2009) ‘A survey of the Feldstein-Horioka puzzle: What
has been dome and where we stand’, Research in Economics 63, 64-76.
88) Apergis, N. and Lamprinidis, L. (2012) ‘More Evidence on the Relationship between
the Stock and the Real Estate Market’, Briefing Notes in Economics 25, 1-16.
89) Apergis, N. and Payne, J. (2010) ‘The Emissions, Energy Consumption and Growth
Nexus: Evidence from the Commonwealth of Independent States’, Energy Policy 38,
650-655.
90) Apergis, N. and Payne, J. (2010) ‘Renewable Energy Consumption and Economic
Growth: Evidence from a Panel of OECD Countries’, Energy Policy 38, 656-660.
91) Apergis, N. (2009) ‘Bank Profitability over Different Business Cycles Regimes:
Evidence from Panel Threshold Models’, Banks and Bank Systems 4, 1-12.
92) Apergis, N. (2009) ‘Demand and Supply Oil Shocks and Stock Prices: Evidence from
Panel Data and Variance Decomposition Tests’, Journal of Money, Investment and
Banking 3, 1-14.
93) Apergis, N. and Sorros, I. (2009) ‘The role of disaggregated earnings for stock prices:
Evidence from listed shipping firms and panel tests’, Research in Applied Economics,
1-24.
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94) Apergis, N. and Panethimitakis, A. (2011) ‘Stylized Facts of Greek Business Cycles:
New Evidence from Aggregate and Across Regimes Data’, International Journal of
Economics & Business Research 3, 147-165.
95) Apergis, N. and Payne, J. (2010) ‘A panel study of nuclear energy consumption and
economic growth’, Energy Economics 32, 545-549.
96) Apergis, N. and Stratigos, D. (2010) ‘House prices and monetary policy’,
International Journal of Economic Research 12, 20-29.
97) Apergis, N., Dincer, O. and Payne, J. (2010) ‘The relationship between corruption
and income inequality in U.S. states: Evidence from a panel cointegration and error
correction model’, Public Choice 145, 125-135.
98) Apergis, N., E. Panopoulou and C. Tsoumas (2010) ‘Old wine in a new bottle:
Growth convergence dynamics in the EU’, Atlantic Economic Journal 38, 169-181.
99) Apergis, N. and Payne, J. (2010) ‘Coal consumption and economic growth: Evidence
from a panel of OECD countries’, Energy Policy 38, 1353-1359.
100) Apergis, N. and Payne, J. (2010) ‘The causal dynamics between coal consumption
and growth: Evidence from emerging market economies’, Applied Energy 87, 19721977.
101) Apergis, N., Loomis, D. and Payne, J. (2010) ‘Are fluctuations in coal consumption
transitory or permanent? Evidence from a panel of U.S. States’, Applied Energy 87,
2424-2426.
102) Apergis, N. and Payne, J. (2011), ‘On the dynamics of poverty and income
inequality in U.S. states’, Journal of Economic Studies 38, 132-143.
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103) Apergis, N. and Payne, J. (2010) ‘Natural gas consumption and economic growth: A
panel investigation of 67 countries’, Applied Energy 87, 2759-2763.
104) Apergis, N., Antzoulatos, A. and Tsoumas, C. (2010) ‘Financial structure and
industrial structure’, Bulletin of Economic Research 63, 109-139.
105) Apergis, N. (2010) ‘Nonlinearities between oil spot and futures markets: Evidence
from intraday data’, Chinese Business Review 4, 23-30.
106) Apergis, N., Loomis, D. and Payne, J. (2010) ‘Are shocks to natural gas
consumption temporary or permanent? Evidence from a panel of U.S. states, Energy
Policy 38, 4734-4736.
107) Apergis, N. and J. Payne (2010) ‘Energy consumption and growth in South
America: Evidence from a panel error correction model’, Energy Economics 32, 14211426.
108) Apergis, N. and Sorros, J. (2010) ‘Disaggregated Earnings and Stock Prices:
Evidence from International Listed Shipping Firms’, International Advances of
Economics Research 16, 269-281.
109) Apergis, N. (2010) ‘Ted spreads and monetary policy: Has the financial crisis
signalled significant monetary policy changes?’, Empirical Economics Letters 9, 20-26.
110) Apergis, N. and Payne, J. (2010), ‘Renewable Energy Consumption and Growth in
Eurasia’, Energy Economics, 32, 1392-1397.
111) Apergis, N. and Payne, J. (2010), ‘Structural Breaks and Petroleum Consumption in
U.S. States: Are Shocks Transitory or Permanent?’, Energy Policy 38, 6375-6378.
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112) Apergis, N., Payne, J., Menyah, K. and Wolde-Rufael, Y. (2010), ‘On the Causal
Dynamics between Emissions, Nuclear Energy, Renewable Energy, and Economic
Growth’, Ecological Economics 69, 2255-2260.
113) Apergis, N. and Pekka-Economou, V. (2010), ‘Incentives and Female
Entrepreneurial Acitivity: Evidence from Panel Firm Level Data’, International
Advances of Economic Research 16, 371-387.
114) Apergis, N. and Payne J. (2010) ‘The Renewable Energy Consumption-Growth
nexus in Central America’, Applied Energy 88, 343-347.
115) Apergis, N. and Payne, J.E. (2010) ‘Structural breaks and petroleum consumption in
US states: are shocks transitory or permanent?’, Energy Policy 38, 6375-6378.
116) Apergis, N. and Rezitis, A. (2011) ‘Food Price Volatility and Macroeconomic
Factors: Evidence from GARCH and GARCH-X Estimates’, Journal of Agricultural &
Applied Economics 43, 95-110.
117) Apergis, N., Christou, C. and Payne, J. (2011) ‘Convergence Patterns in Equity
Markets: International Evidence from the Club Convergence and Clustering Procedure’,
Advances in Investment Analysis and Portfolio Management 5, 118-152.
118) Apergis, N. and Lake, A. (2011) ‘Credit Default Swaps and Stock Prices: Further
Evidence of Mean and Volatility Transmission using a GARCH-M Model’, China-USA
Business Review 5, 1-16.
119) Apergis, N. and Payne, J. (2011) ‘Renewable Energy Consumption, Growth, and
Economic Development: An Exploratory Panel Analysis’, Advances in Energy
Research 9, 359-372.
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120) Apergis, N. (2010) ‘Old Wine in a New Bottle: Are Financial Variables Omitted
Variables in the Production Function?’, Research in World Economy 1, 2-9.
121) Apergis, N., Christou, C. and Payne, J. (2011) ‘Political and Institutional Factors in
the Convergence of International Equity Markets: Evidence from the Club Convergence
and Clustering Procedure’, Atlantic Economic Journal 39, 7-18.
122) Apergis, N. and Payne, J. (2011) ‘A Dynamic Panel Study of Economic
Development and the Electricity-Consumption-Growth Nexus’, Energy Economics 33,
770-781.
123) Apergis, N., Mamatzakis, E. and Staikouras, C. (2011) ‘Testing for Regime Changes
in Greek Sovereign Debt Crisis’, International Advances in Economic Research 17,
258-273.
124) Apergis, N. and Sorros, J. (2011) ‘Long-Term Debt and the Value of the Firm:
Evidence from International Listed Manufacturing Firms’, Review of Economics &
Finance 5, 16-26.
125) Apergis, N., Artikis, P. and Sorros, J. (2011) ‘Asset Pricing and Foreign Exchange
Risk’, Research in International Business and Finance 25, 308-328.
126) Apergis, N. (2011) ‘Characteristics of Inflation in Greece: Mean Spillover Effects
among CPI Components’, Hellenic Observatory LSE, GreeceSE Paper Series, No.43,
1-29.
127) Apergis, N. and Payne, J. (2012) ‘Tourism and growth in the Caribbean: Evidence
from a panel error correction model’, Tourism Economics 18, 449-456.
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128) Apergis, N. and Alevizopoulou, E. (2011) ‘Bank efficiency and the bank lending
channel: evidence from a panel of European banks’, Global Business & Economics
Anthology 11, 30-43.
129) Apergis, N., Zestos, G. and Shaltayev, D. S. (2011) ‘Do market fundamentals
determine the dollar-euro exchange rate?’, Journal of Policy Modeling 34, 1-15.
130) Apergis, N., Artikis, P., Sorros, J. and Zisis, V. (2011) ‘Bankruptcy Probability and
Stock Prices: The Effect of ALTMAN Z-Score Information on Stock Prices: Evidence
from Panel Data’, Modern Accounting and Auditing 3, 23-32.
131) Apergis, N. and Payne, J. (2011) ‘Renewable and Non-Renewable Energy
Consumption-Growth Nexus: Evidence from a Panel Error Correction Model’, Energy
Economics 34, 733-738.
132) Apergis, N., Payne, J. and Saunoris, J. W. (2012) ‘Tax-spend nexus in Greece: Are
there asymmetries?’, Journal of Economic Studies 39, 327-336.
133) Apergis, N. and Tsoumas, C. (2012) ‘Integration Properties of Disaggregated Solar,
Geothermal and Biomass Energy Consumption in the U.S.’, Energy Policy 39, 54745479.
134) Apergis, N. and Alevizopoulou, E. (2012) ‘The Bank Lending Channel and
Monetary Policy Rules: Evidence from European Banks’, International Advances of
Economics Research 18, 1-14.
135) Apergis, N., Christou, C. and Tsoumas, C. (2011) ‘Fractional integration and U.S.
Disaggregated natural gas energy consumption: New evidence in the presence of
structural breaks’, The Empirical Economics Letters 10, 835-841.
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136) Apergis, N., Artikis, G., Eleftheriou, S. and Sorros, J. (2011) ‘Accounting
information and cost of capital: A theoretical approach’, Modern Economy 5, 36-51.
137) Apergis, N. and Payne, J. (2012) ‘A global perspective on the renewable energy
consumption-growth nexus’, Energy Sources, Part B: Economics, Planning, and
Policy 7, 314-322.
138) Apergis, N. and Payne, J. (2011) ‘Renewable energy consumption, growth, and
economic development: an explanatory panel analysis’, Advances in Energy Research
9, 1-14.
139) Apergis, N. (2011) ‘Financial crisis and the real estate market in Greece: The impact
on bank stock prices’, International Journal of Economics and Business Research 4,
530-539.
140) Apergis, N. and Payne, J. (2011) ‘Renewable and non-renewable electricity
consumption-growth nexus: Evidence from emerging market economies’, Applied
Energy 88, 5226-5230.
141) Apergis, N. and Sorros, J. (2011) ‘The role of fixed capital depreciations for TFP
growth: Evidence from firm level panel data estimates’, Journal of Economics and
Finance 9, 24-39.
142) Apergis, N. and Alevizopoulou, E. (2011) ‘Bank efficiency: evidence from a panel
of European banks’, Panoeconomicus 58, 329-341.
20
143) Apergis, N., Artikis, G., Eleftheriou, S. and Sorros, J. (2012) ‘Accounting
information and excess stock returns: the role of the cost of capital-new evidence from
US firm-level data’, Applied Financial Economics 22, 321-329.
144) Apergis, N., Christou, C. and Miller, S. (2012) ‘Convergence patterns in financial
development: evidence from club convergence’, Empirical Economics 43, 1011-1040.
145) Apergis, N., O. Dincer and J. Payne (2013) ‘Economic freedom and income
inequality
revisited’,
Contemporary
Economic
Policy,
DOI: 10.1111/j.1465-
7287.2012.00343.x
146) Apergis, N., O. Dincer, J. Payne (2012) ‘Live free or bribe: on the causal dynamics
between economic freedom and corruption in U. S. States’, European Journal of
Political Economy 28, 215-226.
147) Apergis, N. and Payne, J. (2012) ‘On the causal dynamics between renewable and
non-renewable energy consumption and economic growth in developed and developing
countries’, Energy Systems 14, 46-60.
148) Apergis, N., Gabrielsen, M., Payne, J. and Zagaglia, P. (2012, forthcoming)
‘Convergence of the Tier 1 capital ratio in the European banking sector: A non-linear
factor approach’, International Journal of Monetary Economics and Finance 5, 210221.
149) Apergis, N. and Payne, J. (2012) ‘The electricity consumption-growth nexus:
renewable versus non-renewable electricity in Central America’, Energy Sources, Part
B: Economics, Planning and Policy, 7, 423-431.
21
150) Apergis, P., Artikis, G., Eleftheriou, S. and Sorros, J. (2012) ‘Accounting
Information, the Cost of Capital and Excess Stock Returns: The Role of Earnings
Quality-Evidence From Panel Data’, International Business Research 15, 38-53.
151) Apergis, N. and Payne, J. (2012) ‘Convergence in U.S. house prices by States:
Evidence from the club convergence and clustering procedure’, Letters in Spatial and
Resource Sciences 5, 103-111.
152) Apergis, N. and Payne, J. (2012) ‘Another look at the electricity consumptiongrowth nexus in South America’, Energy Sources, Part B: Economics, Planning, and
Policy 8, 171-178.
153) Apergis, N. and Fafaliou, I. (2012) ‘The Determinants of Business Starts-ups in
Tertiary Education: Evidence for Greece through a Panel Data Approach’, Journal of
Economics and Finance 26, 30-49.
154) Apergis, N. and Christou, C. (2012) ‘Dependency rates and savings: the African
evidence with panel data’, International Journal of Business and Management 12, 3950.
155) Apergis, N. and Sorros, J. (2012) ‘Fixed capital depreciations and TFP growth:
evidence from firm’s economic balances’, International Journal of FinanceAESTMATIO 13, 49-63.
156) Apergis, N. and Witkowska, D. (2012) ‘Mean Reversion or Efficiency? New Tests
and Evidence from CEE Markets’, The Empirical Economics Letters 14, 22-34.
22
157) Apergis, N., Payne, J. and Tsoumas, C. (2012) ‘Bank’s management and credit
rating change: Evidence from the US banking industry’, Banking and Finance Review
4, 1-24.
158) Apergis, N. and Chaimanis, P. (2013) ‘Volatility as a risk measure in finance:
evidence from a wide country sample’, International Journal of Economics Research
18, 24-37.
159) Apergis, N., Artikis, P. and Mamatzakis, E. (2012) ‘Is weather important for US
banking? A study of bank loan inefficiency’, Journal of Applied Finance and Banking
2, 1-38.
160) Apergis, N. and Bosdelekidou, E. (2012) ‘Exchange rates and productivity’,
International Journal of Economic Research 16, 25-41.
161) Apergis, N. and Artikis, P. (2012) ‘Weather conditions and the bank lending
channel: a GMM approach from US banking’, International Journal of Financial
Research 3, 17-34.
162) Apergis, N. and Gabrielsen, A. (2012) ‘Optimal hedge ratio estimation during the
credit crisis: an application of higher moments’, Frontiers in Finance and Economics 9,
64-84.
163) Apergis, N. and Gabrielsen, A. (2012) ‘The bank lending channel and lunar phases:
evidence from a panel of European banks’, Journal of Finance and Investment
Analysis 12, 35-47.
164) Apergis, N. and Eleftheriou, S. (2012) ‘The Role of macroeconomic factors in
explaining the cost of capital: evidence from a group of emerging economies’, Asian
Journal of Finance and Accounting 4, 313-329.
23
165) Apergis, N., Gabrielsen, A., Payne, J. and Zagaglia, P. (2012) ‘Testing for
convergence in the European insurance sector: a non-linear factor approach’, Asian
Journal of Finance and Accounting 4, 1-17.
166) Apergis, N., Christou, C. and Johnson, S. (2012) ‘Any convergence or divergence
patterns in earnings to price ratios? International evidence from the club convergence and
clustering procedure’, The International Journal of Finance 4, 46-58.
167) Apergis, N. and Tsoumas, C. (2012) ‘Long memory and disaggregated energy
consumption: evidence from fossil fuels, coal and electricity retail in the U.S.’, Energy
Economics 34, 1082-1087.
168) Apergis, N. (2012) ‘The domestic Balassa-Samuelson effect of inflation for the
Greek economy’, Applied Economics 45, 3288-3294.
169) Apergis, N. and Papoulakos, D. (2012) ‘The New Zealand dollar and milk prices’,
International Journal of Financial Services Management 6, 1-16.
170) Apergis, N. and Danuletiu, D. (2012) ‘Energy consumption aqnd growth in
Romania: evidence from a panel error correction model’, International Journal of
Energy Economics and Policy 2, 348-356.
171) Apergis, N. (2012) ‘Stylized characteristics of the Greek inflation: Some policy
recommendations’, European Politics and Policy (EUROPP), London School of
Economics, 1-4.
172) Apergis, N. and Papoulakos, D. (2013) ‘The Australian dollar and gold prices’,
Open Economics Journal 6, 1-10.
24
173) Apergis, N., Asteriou, D. and Papathoma, K. (2013, forthcoming) ‘The explanatory
variables pf outword FDI: panel evidence for Greece’, American Journal of Economics
and Business Administration.
174) Apergis, N. and Mamatzakis, E. (2013, forthcoming) ‘What are the driving factors
behind the rise of spreads and CDS of euro-area sovereign bonds? A FAVAR model for
Greece and Ireland’, International Journal of Economics & Business Research.
175) Apergis, N. and Payne, J. (2013) ‘The relationship between International Financial
Reporting Standards, carbon emissions, and R&D expenditures: evidence from European
manufacturing firms’, Ecological Economics 88, 57-66.
176) Apergis, N. and Monastiriotis, V. (2013, forthcoming) ‘Price concentration: new
evidence from Greek industries and the Cournot model’, Economic Papers.
177) Apergis, N. and Payne, J. (2013, forthcoming) ‘An exploratory analysis of
electricity consumption and stock prices: evidence from OECD countries’, Energy
Sources, Part B: Economics, Planning, and Policy 9, 70-78.
178) Apergis, N. and Tang, C. F. (2013, forthcoming) ‘Is the energy-led growth
hypothesis valid? New evidence from a sample of 85 countries’, Energy Economics 38,
24-31.
179) Apergis, N. and Eleftheriou, S. (2013, forthcoming) ‘Credit Risk: The Role of
Market and Accounting Information-Evidence from U.S. Firms and a FAVAR Model’,
International Journal of Banking, Accounting and Finance.
180) Apergis, N. and Payne, J. (2013, forthcoming) ‘A Time Varying Coefficient
Approach to the Renewable and Non-Renewable Electricity Consumption-Growth
Nexus:
Evidence from a Panel of Emerging Market Economies’, Subject: Energy
Sources, Part B: Economics, Planning, and Policy 88, 5226-5230.
25
181) Apergis, N. (2013, forthcoming) ‘Can gold prices forecast the Australian dollar
movements?’, International Review of Economics and Finance.
182) Apergis, N. (2013, forthcoming) ‘Health expenses: evidence from the club
clustering approach’, International Advances in Economic Research.
183) Apergis, N., Aslan, A. and Yildirim, S. (2013, forthcoming) ‘The causality between
energy consumption and GDP in the U.S.: evidence from a various time scales approach’,
Frontiers in Energy.
184) Apergis, N. and Alevizopoulou, E. (2013) ‘Credit frictions and the bank lending
channel: evidence from a group of European banks’, Journal of Finance and Economics
1, 1-13.
185) Apergis, N. and Payne, J. (2013, forthcoming) ‘European Banking Authority stress
tests and bank failure: evidence from credit risk and macroeconomic factors’, Banking
and Finance Review.
186) Apergis, N. and Danuletiou, D. (2013) ‘Public deficits, public debts, corruption and
economic freedom: some empirical evidence from Romania’, The Romanian Economic
Journal 16, 3-22.
187) Apergis, N. and Payne, J. (2013) ‘The information and predictive content of the
Baltic Dry Index’, International Jounral of Financial Studies 1, 1-16.
188) Apergis, N. and Payne, J. (2013, forthcoming) ‘Resurrecting the size effect:
evidence from a panel nonlinear cointegration model for the G7 stock markets’, Review
of Financial Economics.
26
189) Apergis, N. and Padhi, P. (2013, forthcoming) ‘Health expenses and economic
growth: convergence dynamics across the Indian states’, International Journal of
Health Care Finance and Economics.
190) Apergis, N. and Payne, J. (2013, forthcoming) ‘Renewable energy, output, carbon
dioxide emissions, and oil prices: evidence from South America’, Energy Sources, Part
B: Economics, Planning, and Policy.
191) Apergis, N. and Cooray, A. (2013, forthcoming) ‘New evidence on the remedies of
the Greek sovereign debt problem’, Hellenic Observatory Series, London School of
Economics.
192) Apergis, N. (2014, forthcoming) ‘Convergence in public expenditure across a
sample of emerging countries: evidence from club convergence’, Emerging Markets
Finance and Trade.
193) Apergis, N. (2014, forthcoming) ‘Portfolio Choice and Investments in Renewable
Energy: Evidence from U.S. Household Surveys’, Journal of Applied Business
Research.
PUBLICATIONS (Volumes):
Alexakis, P. and Apergis, N. (1994) ‘Monetary Policy in Greece: The Impact of the EC
Membership’, in European Membership Evaluated-Greece, edited by Panos Κazakos and
Ioakimidis, Pinter Publications, London, 20-46.
Alexakis, P. and Apergis, N. (1997) ‘Macroeconomic Fundamentals and Stock Prices in
the Athens Stock Exchange’ in Athens Stock Exchange Annual Studies, Papazisis
Editions, 1-20.
27
Apergis, N. (1997) ‘The Relationship between Price Dispersion in Stock Prices and
Unemployment: The Case of Greece’ in The Unemployment Problem in Greece, edited
by The University of Crete Publications, 25-42.
Apergis, N. (1998) ‘Sources of the Price Process: Evidence from ERM and Non-ERM
Membership, A VAR Approach’, in Volume: Essays in Economic Analysis, (edited by
G. Demopoulos, P. Korliras, K. Prodromidis), Athens, Sideris Publishers, 58-74.
Apergis, N. (1999) ‘Forecasting Stock Prices from Macroeconomic Fundamentals:
Further Evidence from an Error Correction Model’, Advances in Quantitative Analysis
of Finance and Accounting, Volume 7, Jai Press Inc., Stamford, Connecticut, 165177.
Apergis, N. (2000) 'Survey on Savings', Reader's Guide to Social Sciences, FITZROY
DEARBORN PUBLISHERS, London.
Apergis, N. and Kyrkilis, D. (2003) 'Output, Exchange Rate, Inflation, and Monetary
Dynamics in Transitional Southeast European Economies: Evidence through a Panel
Country Set', in Globalisation, Growth and Poverty, Edited by V. B. Jugale, New
Delhi, Serials Publications, 73-94.
Apergis, N. and Zikos, S. (2004) ‘An examination of Okun’s law in Greece: Implications
for unemployment’, Volume in honor for Prof. S. Sarantidis, Department of
Economics, University of Pireaus, 10-18.
Apergis, N. (2010) ‘The recent financial crisis and the real estate market in Greece:
Implications for banking stocks’, in The Implications of the Recent Financial Crisis
for the Greek Economy, Union of Hellenic Banks, 5-12.
PUBLICATIONS (Μonographs):
28
Alexakis P. and Apergis, N. (1998) ‘Business Cycles and Exchange Rate Regimes:
Theory and Evidence from Eight Industrialized Economies’, Μonography, Gutenberg
Publications, George Dardanos.
PUBLICATIONS (Working Papers):
Apergis, N., S. Miller, A. Panethimitakis, and A. Vamvakidis (2004) ‘Inflation Targeting
and Output Growth: Evidence from Aggregate European Data’, Working Paper/04/148,
International Monetary Fund.
Apergis, N. and S. Miller (2004) ‘Consumption asymmetry and the stock market: Further
evidence’, Working Paper Series 2004-19, Department of Economics, University of
Connecticut.
Apergis, N. and Miller, S. (2005) ‘Resurrecting the wealth effect on consumption: further
analysis and extensions’, Working Paper No. 2005-07, Department of Economics,
University of Connecticut.
Apergis, N. (2010) ‘Mean spillover effects among CPI components: The case of Greece’,
Hellenic Observatory Publication Series, UK: London School of Economics.
Apergis, N., Christou, C. and Miller, S. (2010) ‘Country and industry convergence of
equity markets: international evidence from club convergence and clustering’, Working
Paper, No. 2010-33, University of Connecticut, Department of Economics.
Apergis, N. and Mamatzakis, E. (2012) ‘What are the driving factors behind the rise of
spreads and CDS of euro-area sovereign bonds? A FAVAR model for Greece and
Ireland’, Levy Economics Institute of Bard College Working Paper Series.
Apergis, N. and Cooray, A. (2013) ‘Forecasting fiscal variables: only a strong growth
plan can sustain the Greek austerity programs-Evidence from simultaneous and structural
29
models’, Working Paper No. 25, Center for Applied Macroeconomic Analysis, Crawford
School of Public Policy, Australian National University.
CITATIONS
Alexakis, P. and Apergis, N. (1994) ‘The Feldstein-Horioka Puzzle and Exchange Rate
Regimes: Evidence from Cointegration Tests’, Journal of Policy Modeling, 16, 459472.
by:
1) Mamingi, N. (1997) 'Saving-investment correlations and capital mobility: The
experience of developing countries', Journal of Policy Modeling 6, 605-626.
2) Coakley, J., Kulasi, F. and Smith, R. (1998) ‘The Feldstein-Horioka puzzle and capital
mobility: A review’, International Journal of Finance and Economics 3, 169-188.
3) Kang H. J. (1999) 'The applied cointegration analysis for the open economy: A critical
review', Open Economies Review 10, 325-346.
4) Papadopoulos A. and Papanikos G. (2002) 'Exchange rate regimes and the linkage
between money and output in Greece', Journal of Policy Modeling 24, 103-117.
5) Pelagidis, T. and Mastroyiannis, T. (2003) ‘The savings-investment correlation in
Greece, 1960-1997: implications for capital mobility’, Journal of Policy Modeling.
6) E. Ozmen and K. Parmakslz (2003) ‘Policy regime change and the Feldstein-Horioka
puzzle: the UK evidence’, Journal of Policy Modeling 25, 137-149.
7) Narayan, P. K. (2005) ‘The relationship between saving and investment for Japan’,
Japan and the World Economy 17, 293-309.
30
8) H. Herwartz and F. Xu (2006) ‘Panel data model comparison for empirical savinginvestment relations’, Working Paper, No. 6/2006, University of Kiel.
9) J. Westerlund (2006) ‘Testing for panel cointegration with multiple structural breaks’,
Oxford Bulletin of Economics and Statistics 68, 101-132.
10) Κollias, C., Mylonidis, N., and Paleologou, S-M. (2008) ‘The Feldstein-Horioka
Puzzle Across EU Members’, International Review of Economics and Finance 17, 380387.
11) Kant, C. (2005) ‘Capital mobility among advanced countries’, Journal of Policy
Modeling 27, 1067-1081.
12) Jungmittag, A. and Untiedt, G. (2002) ‘Capital mobility in Europe from an empirical
viewpoint:
evidence
and
implications
for
economic
policy’,
Jahrbucher
fur
Nationalokonomie und Statistik 222, 42-63.
13) Adams, F. G. and Prazmowski, P. A. (2003) ‘Why are saving rates in East Asia so
high? Reviving the life cycle hypothesis’, Empirical Economics.
14) Herwartz, H. and Xu, F. (2005) ‘Panel data model comparison for empirical savinginvestment relations’, Working Paper, University of Kiel.
15) Ang, J. B. (2007) ‘Are saving and investment cointegrated?’, Applied Economics.
16) Toseef, A., Muhammad, J. and Kousar, A. (2005) ‘Impact of exchange rate volatility
on growth and economic performance: A case study of Pakistan, 1973-2003’, The
Pakistan Development Review 44, 749-775.
17) Kang, H. (1999) ‘The applied cointegration analysis for the open economy: A critical
review’, Open Economies Review 10, 325-346.
31
18) Gutierrez, L. (2005) ‘Tests for cointegration in panels with regime shifts’,
Econometrics 0505007, EconWPA.
19) Payne, J. E. (2005) ‘Savings-investment dynamics in Mexico’, Journal of Policy
Modeling 27, 525-534.
Apergis, N. and Karfakis, C. (1996) ‘Sources of Fluctuations in Exchange Rates: A
Structural VAR Analysis’, Applied Economics Letters, 3, 251-254.
by:
20) Erlat H. and Erlat G. (1998) 'Some methodological comments on 'Sources of
fluctuations in exchange rates: a structural VAR analysis'', Applied Economic Letters 5,
269-270.
21) Erlat, H. and Erlat, G. (1998) ‘Permanent and transitory shocks on real and nominal
exchange rates in Turkey during the post-1980’, Atlantic Economic Journal.
Alexakis, P. and Apergis, N. (1996) ‘ARCH Effects and Cointegration: Is the Foreign
Market Efficient?’, Journal of Banking and Finance, 20, 687-697.
by:
22) Dominguez E. and Novales A. (2000) 'Testing the expectations hypothesis in
Eurodeposits', Journal of International Money and Finance 19, 5, 713-736.
23) Aron J. and Ayogu M. (1997) 'Foreign exchange market efficiency tests in SubSaharan Africa', Journal of African Economics 6, 150-192.
24) M. S. Pan, Y. A. Liu, and H. J. Roth (1999) ‘Common stochastic trends and volatility
in Asian-Pacific equity markets’ Global Finance Journal 10, 161-172.
32
25) Delcoure, N., Barkoulas, J., Baum, C. F. and Chakraborty, A. (2003) ‘The forward
rate unbiasdness hypothesis re-examined: evidence from a new test’, Global Finance
Journal 14, 83-93.
26) Elyasiani, E. and Kocagil, A. E. (2001) ‘The interdependence and dynamics in
currency futures markets: A multivariate analysis of intraday data’, Journal of Banking
and Finance 25, 1161-1186.
27) Corazza, M. and Malliaris, A. G. (2002) ‘Multi-fractality in foreign currency
markets’, Multinational Finance Journal.
28) Shivan, M. and Jayadev, M. (2004) ‘The interest rate term structure in the Indian
money market’, The 6th Annual Conference on Money and Finance.
29) Ego, M. A. and Sebudde, R. K. (2002) ‘Measuring efficiency of a market in
transition: The Ugandan foreign exchange market’, Working Paper, Bank of Uganda.
30) Allen, J. and McVanel, D. (2009) ‘Price movements in the Canadian residential
mortgage market’, Working Papers 09-13, Bank of Canada.
31) Sin, C. Y. (2004) ‘Estimation and testing for partially nonstationary vector
autoregressive models with GARCH: WLS versus QMLE’, Econometric Society 2004
North American Summer Meetings 476.
32) Cheung, A. W. K., Su, J. J. and Choo, A. K. (2011) ‘Are euro exchange rate markets
efficient? New evidence from a large panel’, Discussion Papers in Finance, Griffith
University, Department of Accounting, Finance and Economics.
33) Aggarwal, R. and Muckley, C. B. (2010) ‘Assessing co-ordinated Asian exchange
rate regimes: proposal for a possible move towards a common currency’, Journal of
International Financial Markets, Institutions and Money 20, 149-165.
33
34) Bredin, D. and Mucklay, C. (2011) ‘An emerging equilibrium in the EU emissions
trading scheme’, Energy Economics 33, 353-362.
35) Lucey, B. M. and Muckley, C. (2011) ‘Robust global stock market
interdependencies’, International Review of Financial Analysis 20, 215-224.
36) Thuraisamy, K. and Gannon, G. (2012) ‘Modelling the sovereign linkages of key
Latin American economies’, Financial Econometrics Series 2012_03, Deaking
University, Faculty of Business and Law, School of Accounting, Economics and Finance.
Apergis, N. and Eleftheriou S. (1997) ‘The Efficient Hypothesis and Deregulation: The
Greek Case’, Applied Economics, 29, 111-117.
by:
37) Napolitano, O. (2000) ‘The efficiency hypothesis and the role of ‘news’ in the
euro/British pound exchange rate market: An empirical analysis using daily data’,
Institute for Social and Economic Research Working Paper, No. 30.
38) Napolitano, O. (2002) ‘The euro exchange rate efficiency and risk premium: An
ECM model’, Working Paper, Brunel University.
39) Cooray, A. (2000) ‘The impact of deregulation on financial market efficiency in Sri
Lanka’, Working Paper, University of South Wales, Australia.
40) Canale, R. P. and Napolitano, O. (2001) ‘Efficiency and news in exchange rate
market: The euro/dollar case’, Working Paper, University of Brunel.
41) Laopodis, N. (2004) ‘Financial market liberalization and stock market efficiency:
evidence from the Athens Stock Exchange’, Global Finance Journal 15, 103-123.
34
Apergis, N. (1997) ‘Inflation Uncertainty, Money Demand and Monetary Deregulation:
Evidence from a Univariate ARCH Model and Cointegration Tests’,
Journal of Policy Modeling, 19, 279-293.
by:
42) N. C. Garganas and G. S. Tavlas (2001) ‘Monetary regimes and inflation
performance: The case of Greece’, in Greece’s Economic Performance and Prospects,
Bank of Greece.
43) Biscarri, J. G., Moreno, A. and Gracia F. P. (2010) ‘Money demand accommodation:
impact on macro-dynamics and policy consequences’, Journal of Policy Modeling 32,
138-154.
Apergis, N. (2000) 'Public and Private Investments in Greece: Complementary or
Substitute Goods', Bulletin of Economic Research 52, 225-234.
by:
44) Mamatzakis, E. C. (2001) 'Public Spending and Private Investment: Evidence from
Greece', International Economic Journal, 33-46.
45) Romp, W. and de Haan, J. (2007) ‘Public capital and economic growth: A critical
survey’, Perspektiven der Wirtschaftspolitik.
46) Agenor, P. R., Nabli, M. K. and Yousef, T. M. (2005) ‘Public infrastructure and
private investment in the Middle East and North Africa’, Working Paper, World Bank,
Washington.
47) Lutfi, E. and Holcombe, R. G. (2006) ‘The linkage between public and private
investment: A co-integration analysis of a panel of developing countries’ Eastern
Economic Journal 32, 479-492.
35
48) Lugo, O. A. M. (2008) ‘The differential impact of real interest rates and credit
availability on private investment: Evidence from Venezuela’, BIS Papers Chapters 35,
501-577, Bank for International Settlements.
49) Alfano, M. R. and Baraldi, A. L. (2008) ‘The design of electoral rules and their
impact on economic growth: The Italian case’, Working Papers 3-2008, Department of
Economic Studies, University of Naples.
50) Bank for International Settlements (2008) ‘Transmission mechanisms for monetary
policy in emerging market economies’, BIS Papers No. 35.
51) Romp. W. and de Haan, J. (2007) ‘Public capital and economic growth: a critical
survey’, Perspectiven der Wirtschaftspolitik, Wiley Blackwell, 8, 6-52.
52) Narayan, P. K. (2004) ‘Do public investments crowd out private investments? Fresh
evidence from Fiji’, Journal of Policy Modeling 26, 747-753.
53) Bitzenis, A., Tsitouras, A. and Vlachos, V. A. (2009) ‘Decisive FDI obstacles as an
explanatory reason for limited FDI inflows in an EMU member state: the case of Greece’,
The Journal of Socio-Economics 38, 691-704.
Apergis, N. and Rezitis, A. (2001) 'Asymmetric cross-market volatility spillover effects:
evidence from intra-day data on equity and foreign exchange markets', Manchester
School of Economics 69, 81-96.
by:
54) Sidiropoulos, M. and Trabelsi, J. (2002) 'The stock market and exchange rate
volatilities', Economia.
36
55) Maghrebi, N., Holmes, M. J. and Pentecost, E. J. (2006) ‘Are there asymmetries in
the relationship between exchange rate fluctuations and stock market returns?, Review of
Pacific Basin Financial Markets and Policies 9, 229-256.
56) Milunovich, G. and Thorp, S. (2006) ‘Valuing volatility spillovers in European stock
markets’, Global Finance Journal 17, 1-22.
57) Buguk, C., Hudson, D. and Hanson, T. (2003) ‘Price volatility spillover in
agricultural markets: An examination of U.S. catfish markets’, Journal of Agricultural
and resource Economics 28,.
58) Oyewumi, O. A. and Sarket, R. (2010) ‘Volatility spillover in a customs union: the
case of South Africa sheep import from Namibia’, 2010 Africa 96196, African
Association of Agricultural Economics and Agricultural Association of South Africa.
59) Jayasinghe, P. and Tsui, A. K. (2008) ‘Exchange rate exposure of sectoral returns and
volatilities: evidence from Japanese induatrial sectors’, Japan and the World Economy
20, 639-660.
60) Tian, Y. F., Holmes, M. and Choi, D. F. S. (2011) ‘Volatility transmission and
asymmetric linkages between the stock and foreign exchange markets:
a sectoral
analysis’, Studies in Economics and Finance 28, 36-50.
Apergis, N. and Tsoulfidis, E. (1998) ‘Money Supply Endogeneity in Greece: Further
Evidence from Cointegration and Causality Tests‘, Rivista Internationale di Scienze
Economiche e Commerciali, 45, 167-184.
by:
61) C. Karpetis and E. Varelas (2002) 'Testing money supply endogeneity', European
Research Studies.
37
62) Panagopoulos, Y. and Spiliotis, A. (2004) ‘An empirical approach to the Greek
money supply’, Working Paper, Center of Planning and Economic Research, Athens.
Apergis, N. (1999) ‘Inflation Uncertainty and Money Demand: Evidence from a
Monetary Regime Change and the Case of Greece‘, International Economic Journal
13, 21-30.
by:
63) N. C. Garganas and G. S. Tavlas (2001) ‘Monetary regimes and inflation
performance: The case of Greece’, in Greece’s Economic Performance and Prospects,
Bank of Greece.
64) Karpetis, C. (2006) ‘Money, income and inflation in equilibrium-The case of
Greece’, International Advances of Economic Research.
65) Bahmani-Oskooee, M. and Economidou, C. (2005) ‘How stable is the demand for
money in Greece?’, International Economic Journal 19, 461-472.
Αpergis, N., Katrakilidis, K., and Tabakis, N. (2000) 'Current Account Deficit
Sustainability: The Case of Greece', Applied Economic Letters 7, 599-603.
by:
66) Α. Ζ. Baharumshah, E. Lau, and S. Fountas (2003) 'On the sustainability of current
account deficits: evidence from four Asian countries’, Journal of Asian Economics 14,
465-487.
67) Kalyoncu, H. (2005) ‘International intertemporal solvency in OECD countries:
Evidence from panel unit root’, Prague Economic Papers, 1, 82-88.
68) Zombanakis, G., Stylianou, C. and Andreou, A. (2009) ‘The Greek current account
deficit: Is it sustainable after all?’, Working Paper, Bank of Greece.
38
69) Konya, L. (2009) ‘The sustainability of the current account in the Czech Republic,
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72) Huseyin, K. (2006) ‘International intertemporal solvency in OECD countries:
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75) Hamizun, I. and Baharumshah, A. (2008) ‘Malaysia’s current account deficits: An
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80) Chang, C. K. and Chang, T. (2012) ‘Revisiting the sustainability of current account
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81) Shyh-Wei, C. (2011) ‘Current account deficits and sustainability: evidence from the
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82) Gulcan, O. and Utku, U. (2006) ‘Modeling the long-run sustainability of Turkish
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83) Pattichis, C. and Kanaan, M. (2001) ‘Is Lebanon’s trade deficit sustainable? A
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84) Bitans, M. (2002) ‘Analysis of the real exchange rate in Latvia, 1994-2001’. In
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85) Bineau, Y. (2003) ‘Les taux couverture sont-ils stationnaires ? Une verification
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86) Onel, G. (2003) ‘An analysis of Turkish external debt sustainability : Test of
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87) Lau, E. and Baharumshah, A. Z. (2003) ‘Sustainability of external imbalances: the
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88) Kalyoncu, H. (2005) ‘Sustainability of current account for Turkey: Intertemporal
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89) Gulcan, O. (2006) ‘An analysis of Turkish external debt sustainability: test of
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90) Dulger, F. and Ozdemir, Z. A. (2005) ‘Current account sustainability in seven
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91) Chen, S. W. (2010) ‘Testing for the sustainability of the current account deficit in
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92) Ismail, H. and Baharumshah, A. (2008) ‘Malaysia’s current account deficits: An
intertemporal optimization perspective’, Empirical Economics 35, 569-590.
93) Mateou, N. H. and Zombanakis, G. A. (2009) ‘Fuzzy cognitive maps face the
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94) Binati, A. O. and Niloufer, S. (2012) ‘Intertemporal solvency of Turkey’s current
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95) Baharumshah, A. Z., Lau, E. And Fountas, S. (2003) ‘On the sustainability of current
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96) Chen, S. W. (2011) ‘Current account deficits and sustainability: evidence from the
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97) C. Harm (2001) ‘European financial market integration: the case of private sector
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98) Syriopoulos, T. (2004) ‘International portfolio diversification to Central European
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99) Bagdatoglou, G. and Kontonikas, A. (2009) ‘A new test of the real interest rate parity
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100) Arghyrou, M. G., Gregoriou, A. and Kontonikas, A. (2007) Do real interest rates
converge? Evidence from the European union’, Working papers 2007-21, Department of
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101) Ferreira, A. L. and Leon-Ledesma, M. A. (2007) ‘Does the real interest parity
hypothesis hold? Evidence from developed and emerging markets’, Journal of
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102) Syriopoulos, T. (2011) ‘Financial integration and portfolio investments to emerging
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103) Lence, S. and Falk, B. (2005) ‘Cointegration, market integration, and market
efficiency’, Journal of International Money and Finance 24, 873-890.
Apergis, N., Papanastasiou, J., and Velentzas, C. (1997) ‘The Credibility of Policy
Announcements: The Greek Evidence’, Applied Economics, 29, 699-705.
by:
104) S. Eleftheriou (2004) ‘The determinants of macroeconomic policy credibility: A
historical assessment’, International Journal of Economic Research, 1, 11-18.
105) Dijkgraaf, E. and Gradus, R. (2003) ‘Cost savings of contracting out refuse
collection’, Empirica, 30, 149-161.
106) Bolufer, J. S. and Escalona, C. R. T. (2004) ‘La credibilidad del sme en el proceso
de desinflacion europeo. Aspectos teoricos y evidencia’, Working Paper, University of
Rioja, Spain.
107) Laopodis, N. (2004) ‘Financial market liberalization and stock market efficiency:
evidence from the Athens Stock Exchange’, Global Finance Journal 15, 103-123.
Apergis, N. and Eleftheriou, S. (2001) 'Stock returns and volatility: evidence from the
Athens Stock Exchange Market Index', Journal of Economics and Finance 25, 50-61.
by:
108) A. Desilas, A. Koulakiotis, K. Lyroudi, E. Koumanakos (2005) ‘Volume versus
GARCH Effects in the Greek Banking Sector, International Journal of Economic
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109) Huang, W., Goto, S. and Nakamura, M. (2004) ‘Decision-making for stock trading
based on trading probability by considering whole market movements’, European Journal
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110) Johnson, C. A. and Soriano, F. A. (2004) ‘Volatilidad del Mercado acciopnario y la
crisis asiatica: evidencia international de asimetrias’, Trimestre Economico.
111) Su, E. and Knowles, T. W. (2006) ‘Asian Pacific stock market volatility modelling
and value at risk analysis’, Emerging Markets Finance and Trade.
112) Patev, P. and Kanaryan, N. (2005) ‘Behavior and characteristics of the Balkan stock
markets’, Working Paper, University of Utah.
113) Ulu, Y. (2005) ‘Out-of-sample forecasting performance of the QGARCH model’,
Applied Financial Economics Letters.
114) Diamandis, P. F. (2007) ‘The impact of stock incremental information on the
volatility of the Athens Stock Exchange’, Applied Financial Economics.
115) Panagiotidis, T. (2005) ‘Market capitalization and efficiency. Does it matter?
Evidence from the Athens Stock Exchange’, Applied Financial Economics.
Apergis, N. and A. Rezitis (2003) ‘Agricultural price volatility spillover effects: The case
of Greece’, European Review of Agricultural Economics, 31, 487-488.
by:
116) Κostov P. and McErlean, S. (2004) ‘Agricultural price volatility spill-over effects: A
comment’, European Review of Agricultural Economics, 31, 481-485.
117) Milunovich, G. and Thorp, S. (2006) ‘Valuing volatility spillovers’, Global Finance
Journal 17, 1-22.
Apergis, N. and A. Rezitis (2003) ‘Agricultural price volatility spillover effects: the case
of Greece’, European Review of Agricultural Economics, 30, 389-406.
44
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118) Reziti, I. (2005) ‘The relationship between macroeconomic variables and relative
price variability in Greek agriculture’, International Advances of Economic Research, 11,
111-119.
119) Kostov, P. and McErlean, S. (2004) ‘Agricultural price volatility spilliover effects:
A comment’, European Review of Agricultural Economics 31, 481-485.
120) Milunovich, G. and Thorp, S. (2005) ‘Valuing, volatility spillovers in European
stock markets’, Working Paper, University of South Wales, Australia.
121) Zheng, Y. and Kinnucan, H. W. (2006) ‘News and volatility of food prices’,
Working Paper, Cornell University.
122) Kim, G., Silvapulle, M. J. and Silvapulle, P. (2005) ‘Semiparametric estimation of
the dependence parameter of the error terms in multivariate regression’, Working Paper,
Monash University, Australia.
123) Kong, M., Bong, H. D. and Nayga, R. M. (2012) ‘Interrelationships and volatility
transmission between grain and oil prices’, 2012 Annual Meeting, Agricultural and
Applied Economics Association, Seattle, Washington.
124) Pozo, V. and Schroeder, T. C. (2012) ‘Price and volatility spillover between
livestock and related commodity markets’, 2012 Annual Meeting, Agricultural and
Applied Economics Association, Seattle, Washington.
125) Serra, S. and Gil, J. M. (2012) ‘Price volatility in food markets: can stock building
mitigate price fluctuations?’, 2012 Annual Meeting, Agricultural and Applied Economics
Association, Seattle, Washington.
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126) Serra, S. (2011) ‘Food scare crises and price volatility: the case of the BSE in
Spain’, Food Policy 36, 179-185.
Apergis, N. and A. Rezitis (2003) ‘Mean spillover effects in agricultural prices: the case
of Greece’, Agribusiness 19, 425-437.
by:
127) Reziti, I. (2005) ‘The relationship between macroeconomic variables and relative
price variability in Greek agriculture’, International Advances of Economic Research, 11,
111-119.
128) Lee, Chien, C. (2009) ‘Are fruit and vegetable prices non-linear stationary?
Evidence from smooth transition autoregressive models’, Bulletin of Economic Research.
Apergis, N. and Tsoulfidis, E. (1997) ‘The Relationship Between Saving and Finance:
Theory and Evidence from EU Countries’, Research in Economics (Researche
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129) Κollias, C., Mylonidis, N., and Paleologou, S-M. (2008) ‘The Feldstein-Horioka
Puzzle Across EU Members’, International Review of Economics and Finance 17, 380387.
130) Bhaskara, R. B., Tamazian, A. and Kumar, S. (2009) ‘Systems GMM estimates of
the Feldstein-Horioka puzzle for the OECD countries and tests for structural breaks’,
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131) Ketenci, N. (2012) ‘The Feldstein-Horioka puzzle and structural breaks: evidence
from EU members’, Economic Modelling 29, 262-270.
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132) Misztal, P. (2011) ‘The Feldstein-Horioka hypothesis in countries with varied levels
of economic development’, Contemporary Economics, University of Finance and
Management in Warsaw, 5.
133) Verma, R. and Saleh, A. S. (2011) ‘Savings and investment in Saudi Arabia: an
empirical analysis’, Studies in Economics and Finance 28, 136-148.
Apergis N. (2004) ‘Inflation, Output Growth, Volatility and Causality: Evidence from
Panel Data and the G7 Countries’, Economics Letters 83, 185-191.
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134) Yeh, C.C., Tang, W.P. and Chiang, H. Y. (2008) ‘The simultaneous evolution of
growth and inflation’, Journal of Economic Growth.
135) Suardi, S., Henry, O. T. and Olekalns, N. (2007) ‘Testing for rate-dependence and
asymmetry in inflation uncertainty: evidence from the G7 economies’, Economics Letters
94, 383-388.
136) Miles, W. (2008) ‘Inflation targeting and monetary policy in Canada: What is the
impact on inflation uncertainty?’, North American Journal of Economics and Finance 19,
235-248.
137) Wilson, B. K. (2006) ‘The links between inflation, inflation uncertainty and output
growth: new time series evidence from Japan’, Journal of Macroeconomics 28, 609-620.
138) Chen, S. W., Shen, C. H. and Xie, Z. (2006) ‘A nonlinear relationship between
inflation and inflation uncertainty in Taiwan’, Applied Economic Letters 13, 529-533.
139) Zhou, W. X. and Sornette, D. (2006) ‘Non-parametric determination of real-time lag
structure between two time series: The ‘optimal thermal causal path’ method with
applications to economic data’, Journal of Macroeconomics 28, 195-224.
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140) Sornette, D. and Zhou, W. X. (2005) ‘Non-parametric determination of real-time lag
structure between two time series: The ‘optimal thermal causal path’, Quantitative
Finance 5, 577-591.
141) Daal, E., Naka, A. and Sanchez, B. (2005) ‘Re-examining inflation and inflation
uncertainty in developed and emerging countries’, Economics Letters 89, 180-186.
142) Clark, D. P. and Hsing, Y. (2005) ‘Application of the IS-MP-IA model and the
Taylor rule to Korea and policy implications’, The Journal of the Korean Economy.
143) Yeh, C.C. (2005) ‘Patterns of inflation rates and inflation uncertainty in quantiles
regression’, Working Paper, Washington University.
144) Caporale, G. M., Onorante, L. and Paesani, P. (2009) ‘Inflation and inflation
uncertainty in the Euro area’, CESifo Working Paper Series 2720, CESifo Group Munich.
145) Tas, B. K. O. and Togay, S. (2008) ‘Effect of Dollarization on Macroeconomic
Performance and Money-Price relationship in Equator’, Working Papers 0808, TOBB
University of Economics and Technology, Department of Economics.
146) Bordes, C. and Maveyraud, S. (2008) ‘The Friedman’s and Mishkin’s hypotheses
(re)considered’, University of Paris, Pantheon-Sorbonne, Post-Print Graduate and
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147) Burns, A. (2011) ‘Inflation Targeting and Inflation Uncertainty’, Scottish Journal of
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148) Baharumshah, A. Z., Hasanov, A. and Fountas, S. (2011) ‘Inflation and inflation
uncertainty: evidence from two transition economies’, Discussion Paper Series 2011_05,
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149) Chang, K. L. (2012) ‘The impacts of regime-switching structures and fat-tailed
characteristics on the relationship between inflation and inflation uncertainty’, Journal of
Macroeconomics 34, 523-536.
150) Chen, S. W., Shen, C. H. and Xie, Z. (2008) ‘Evidence of a non-linear relationship
between inflation and inflation uncertainty: the case of the four little dragons’, Journal of
Policy Modeling 30, 363-376.
151) Siti, H. M., Ahmad, Z. B. and Fountas, S. (2012) ‘Inflation, inflation
uncertainty and output growth: recent evidence from ASEAN-5 countries’,
Discussion Paper No. 2012-07, Department of Economics, University of Macedonia,
Greece.
152) Wilson, B. K. (2006) ‘The links between inflation, inflation uncertainty and
output growth: new time series evidence from Japan’, Journal of Macroeconomics
28, 609-620.
153) Morley, B. and Abdullah, S. (2010) ‘Environmental taxes and economic
growth: evidence from panel causality tests’, Working Paper, No. 18528, University
of Bath.
154) Syed, K. A. N. and Bushra, N. (2010) ‘Asymmetric behavior of inflation
uncertainty and Friedman-Ball hypothesis: evidence from Pakistan’, Lahore Journal
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155) Olan, H., Nilss, O. and Sandi, S. (2007) ‘Testing for rate dependence and
asymmetry in inflation uncertainty: evidence from the G7 economies’, Economics
Letters 94, 383-388.
49
Apergis, N. (2000) 'Black Market Rates and Official Rates in Armenia: Evidence
from Causality Tests in Alternative Regimes', Eastern Economic Journal 26, 335344.
by:
156) Bahmani-Oskooee, M. and A. Tanku (2006) ‘Do the black market and the official
exchange rates converge in the long run?’, Journal of Economics and Finance, 30, 57-69.
157) Horowitz, I. (2007) ‘If you plan well they will come and vice versa: Bidirectional
causality in major-league baseball’, Management Decision Economics.
158) Fardmanesh, M. and Seymour, D. (2003) ‘Foreign exchange controls, fiscal and
monetary policy, and the black market premium’, Working Papers 876, Economic
Growth Center, Yale University.
159) Bahmani-Oskooee, M. and Goswami, G. G. (2004) ‘Long-run nature of the
relationship between the black market and the official exchange rates’, Economic
Systems 28, 319-327.
Apergis, N. and Eleftheriou, S. (2002) 'Interest rates, inflation and stock prices: The case
of the ASE', Journal of Policy Modeling 24, 231-236.
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160) G. Hondroyiannis and E. Papapetrou (2006) ‘Stock returns and inflation in Greece:
A Markov switching approach”, Review of Financial Economics, 15, 76-94.
161) N. Mylonidis (2003) ‘Financial variables as leading indicators in Greece’,
International Advances of Economic Research, 9, 268-278.
162) Erdem, C., Arsian, C. K., and Erdem, M. S. (2005) ‘Effects of macroeconomic
variables on Istanbul Stock Exchange indexes’, Applied Financial Economics.
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163) Kutan, A. M. and Aksoy, T. (2004) ‘Public information arrival and emerging
markets returns and volatility’, Multinational Finance Journal, 8.
164) Ramaprasad, B. and Girijasankar, M. (2012) ‘Components of inflation uncertainty
and interest rates: evidence from Australia and New Zealand’, Economic Analysis and
policy (EAP), Qeensland University of Technology (QUT), School of Economics
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165) Ozcan, A. (2012) ‘The relationship between macroeconomic variables and ISE
industry index’, Journal of Economics and Financial Issues 2, 184-189.
166) Stavroyiannis, S., Makris, I. And Nikolaidis, V. (2010) ‘Non-extensive properties,
multifractality and inefficiency degree of the Athens Stock Exchange General Index’,
International Review of Financial Analysis 19, 19-24.
Apergis, N., Varelas, E., and Velentzas, E. (2000) ‘Money Supply, Consumption, and
Deregulation: The Case of Greece’, Applied Economics Letters, 7, 385-390.
by
167) N. Mylonidis (2003) ‘Financial variables as leading indicators in Greece’,
International Advances of Economic Research, 9, 268-278.
168) Drakos, K. (2002) ‘Myopia, liquidity constraints and aggregate consumption’,
Journal of Economic Development 27, 97-105.
Apergis, N. and Velentzas, C. (2003) 'The impact of financial deregulation in Greece on
consumption patterns', Economia Internazionale
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170) N. Mylonidis (2003) ‘Financial variables as leading indicators in Greece’,
International Advances of Economic Research, 9, 268-278.
Apergis, N. and Rezitis, A. (2003) ‘An examination of Okun’s law: evidence from
regional areas in Greece’, Applied Economics, 35, 1147-1151.
by
171) Perman, R. and Tavera, C. (2005) ‘A cross-country analysis of the Okun’s Law
coefficient convergence in Europe’, Applied Economics 37, 2501-2513.
172) Chang, S. C. (2007) ‘The interactions among foreign direct investment, economic
growth and the degree of openness, Applied Economics
173) Belegri-Roboli, A. (2007) ‘Estimating labor and output gap: evidence from the
Athens Olympic Region in Greece’, Applied Economics
174) Bisping, JTO and Patron,H. (2005) ‘Output shocks and unemployment: new
evidence on regional disparities’, The International Journal of Applied Economics
175) Andrade, J. S. (2009) ‘The PIGS, does the group exist? An empirical
macroeconomic analysis based on the Okun’s law’, GEMF Working Papers 2009-11,
GEMF-University de Coimbra.
176) Perugini, C. (2009) ‘Employment Intensity of growth in Italy: A note using regional
data’, Regional and Sectoral Economic Studies 91.
177) Connaughton, J. and Madsen, R. (2009) ‘Regional implications of the 2001
recession’, The Annals of Regional Science 43, 491-507.
178) Arnande, J. S. (2007) ‘Uma Aplicacao da Lei de Okun em Portugal’, GEMF
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179) Caporale, G. M. and Skare, M. (2011) ‘Employment growth, inflation and output
growth: was Phillips right?: evidence from a dynamic panel’, Discussion Papers of DIW
Berlin 1138, DIW Berlin, German Institute for Economic Research.
180) Caporale, G. M. and Skare, M. (2011) ‘Employment growth, inflation and output
growth: was Phillips right? evidence from a dynamic panel’, CESifo Working Paper
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181) Connaughton, J. and Madsen, R. (2010) ‘Understanding differential state expansions
following the 1990-1991 and 2001 recessions’, Journal of Regional Analysis and Policy
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182) Skare, M. (2010) ‘Can there be a ‘golden triangle’ of internal equilibrium?’, Journal
of Policy Modeling 32, 562-573.
183) Revoredo-Giha, C., Leat, P. M. K. and Renwick, A. W. (2012) ‘The relationship
between output and undemployment in Scotland: a regional analysis’, Working Paper No.
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184) Binet, M. E. and Facchini, F. (2012) ‘Okun’s law in the French regions: a crossregional comparison’, Economics Working Paper Archive (University of Rennes 1 &
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Apergis, N. (1997) ‘Domestic and Eurocurrency yields: any exchange rate link? Evidence
from a VAR model’, Journal of Policy Modeling 19, 41-49.
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185) Papadopoulos, A. P. and Papanikos, G. T. (2002) ‘Exchange rate regimes and the
linkage between money and output in Greece’, Journal of Policy Modeling 24, 103-117.
53
Apergis, N. and Rezitis, A. (2004) ‘Cost structure, technological change, and productivity
growth in the Greek banking sector’, International Advances in Economic Research.
by
186) Mylonidis, N. and Kelnikola, I. (2005) ‘Merging activity in the Greek banking
system: A financial accounting perspective’, South Eastern Europe Journal of Economics.
187) Pasiouras, F. (2006) ‘Estimating the technical and scale efficiency of Greek
commercial banks: The impact of credit risk’, Working Paper, University of Bath.
Apergis, N. (1998) ‘Stock market volatility and deviations from macroeconomic
fundamentals: Evidence from GARCH and GARCHX models’, Kredit und Kapital.
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188) Hwang, S. and Satchell, S. E. (2005) ‘GARCH models with cross-sectional
volatility: GARCHX models’, Applied Financial Economics
189) Ratanapakorn, O. and Sharma, S. C. (2007) ‘Dynamic analysis between the US
stock returns and the macroeconomic variables’, Applied Financial Economics, 17, 369377.
190) By, W. (2006) ‘Value-at-Risk based on GARCHX models’, Working Paper,
Technical University of Kaiserlautern, Germany.
Apergis, N. and Katrakilidis, C. (1998) ‘Does inflation uncertainty matter in FDI
decisions? An empirical investigation’, Rivista Internazionale di Scienze Economiche
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191) Trevino, L. J. (2002) ‘Market reform and FDI in Latin America : Evidence from an
error correction model’, The International Trade Journal.
192) Effect, A. and Background, C. (2004) ‘Location determinants of FDI’, JVEC
Meeting in Tokyo.
193) Alaya, M., Nicet-Chenaf, D. and Rougier, E. (2007) ‘Politique d’attractivite des IDE
et dynamique de croissance et de convergence dans les Pays du Sud Est de la
Mediterranee’, Working Paper, University of Bordeaux.
Apergis, N. and Rezitis, A. (2003) ‘Food price volatility and macroeconomic factor
volatility: ‘heat waves’ or ‘meteor showers?’, Applied Economics Letters.
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194) Zheng, Y. and Kinnucan, H. W. (2004) ‘News and volatility of food prices’,
Working Paper, Auburn University, Alabama.
Apergis, N. and Eleftheriou, S. (2002) ‘Measuring exchange market pressure and the
degree of exchange market intervention for the Greek drachma’, International
Economic Journal 16, 135-145.
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195) Blankson, F. F., Abradu-Otoo, P. and Amoah, B. (2003) ‘A note on exchange
market pressure index for Ghana’, Working Paper, Bank of Ghana.
196) Anastasatos, T. and Manou, C. (2008) ‘Speculative attacks on the drachma and the
changeover to the Euro’, Economic Bulletin, Bank of Greece 31, 49-77.
Apergis, N. and Eleftheriou, S. (2003) 'Exchange rates and stock prices: Further evidence
from intertemporal asset pricing and an error correction model', International Journal of
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197) Hsing, Y. (2005) ‘Application of the IS-MP-IA model to the German economy and
policy implications’, Economics Bulletin.
Apergis, N. (1992) ‘An estimation of target effective exchange rates: The case of the US’,
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198) Stevens, D. P. and Baker, R. C. (1994) ‘A generalized loss function for process
optimization’, Decision Sciences.
Apergis, N. and Eleftheriou, S. (2000) ‘Measuring price elasticity of aggregate demand in
Greece: 1961-1995.’, Public Finance Review.
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199) Kacapyr, E. and Piccione, J. W. (2003) ‘The role of price elasticity of aggregate
demand’, Paper presented at the New York State Economics Association 59th meetings,
Siena College, NY.
200) Kyer, B.L. and Maggs, G.E. (2004) ‘Implications of aggregate demand elasticity for
the Phillips curve’, New York Economic Review 35, 69-76.
Apergis, N., Miller, S. M., Panethimitakis, A. and Vamvakidis, A. (2005) ‘Inflation
targeting and output growth: evidence from aggregate European data’, Working Paper,
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201) Gupta, R. (2006) ‘Growth effects of inflation targeting: The role of financial sector
development’, Working Paper, University of Pretoria.
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202) Socol, C. and Niculescu, A. (2006) ‘Riscuri ale tintirii directe a inflatiei’, Working
Paper, Central Bank of Romania.
203) Forte, A. (2009) ‘The European Central Bank, the Federal Reserve and the Bank of
England: Is the Taylor rule an useful benchmark for the last decade?’, MPRA Paper No.
18309, University Library of Munich, Germany.
204) Forte, A. (2009) ‘The stability of the inflation rate in the Euro area: The role of
globalization and labor market’, MPRA Paper No. 16587, University Library of Munich,
Germany.
205) Gupra, R. (2011) ‘Growth effects of inflation targeting: The role of financial sector
development’, Annals of Economics and Finance, Society for AEF, 12, 65-87.
206) Kandil, M. (2009) ‘Public spending and the macroeconomy: evidence from
developing and developed countries’, International Journal of Business and Economics 8,
133-158.
Apergis, N. (2005) ‘Inflation uncertainty and growth: evidence from panel data’,
Australian Economic Papers 44, 186-197.
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207) Aron, J. and Muellbauer, J. (2005) ‘Monetary policy, macro-stability and growth:
South Africa’s recent experience and lessons’, World Economics-Henley on Thames,
Oxford, UK.
208) Phillips, K. L. and Chen, B. (2011) ‘Regional growth in China: An empirical
investigation using multiple imputation and province-level panel data’, Research in
Economics 65, 243-253.
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214) Goodness, C., Gupta, A. R. and Modise, M. P. (2012) ‘Do stock prices impact
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215) Chen, N. K., Chen, S. S. and Chou, Y. H. (2004) ‘House prices, collateral constraint,
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216) Manson, H. I. and Habibullah, M. S. (2010) ‘Stock market and aggregate
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219) Rahmah, I., Aliya, R. and Noorasiah, S. (2012, forthcoming) ‘Globalization and
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220) Parteka, A. and Wolszczak-Derlacz, J. (2011) ‘Market size, competitiveness and
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224) Harris, E. (2010) ‘CO2 emissions, electricity consumption and output in ASEAN’,
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225) Loesse, J. L. (2010) ‘The energy-consumption-growth nexus in seven Sub-Saharan
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226) Ozturk, I., Aslan, A., and Kalyoncu, H. (2010) ‘Energy consumption and economic
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227) Dong, S., Li, F. and Li, X. (2011) ‘Energy consumption-economic growth
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228) Okey, M. K. N. (2009) ‘Energy consumption and GDP growth in WAEMU
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229) Belke, A., Dreger, C. and De Haan, F. (2011) ‘Energy consumption and economic
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230) Menegaki, A. N. (2011) ‘Growth and renewable energy in Europe: A random effects
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231) Dong, S., Li, F., Li, X. and Liang, Q. (2011) ‘Energy consumption-economic growth
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232) Junfeng, H., Kahrl, F., Qingyou, Y. and Xiaoya, W. (2011) ‘Energy consumption,
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233) Lorde, T., Waithe, K. and Francis, B. (2010) ‘The importance of electric energy for
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234) Esso, L. J. (2010) ‘Threshold cointegration and causality relationship between
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235) Wu, Q., Maslyuk, S. and Clulow, V. (2010) ‘Energy consumption transition and
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236) Salim, R. and Rafiq, S. (2012) ‘Why do some emerging economies proactively
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237) Chang. C. C. and Carballo, C. F. S. (2011) ‘Energy consumption, economic growth,
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238) Magazzino, C. (2011) ‘Energy consumption and aggregate income in Italy:
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239) Behemiri, N. B. and Manso, J. R. P. (2012) ‘Does Portuguese economy support
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240) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
241) Fang, Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
The China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
242) Sadorsky, P. (2012) ‘Energy consumption, output and trade in South America’,
Energy Economics 34, 476-488.
243) Abanda, F. H., Ng’Mbe, A., Keivani, R. and Tah, J. H. M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
244) Kahsai. M. S., Nondo, C., Schaeffer, P. V. and Gebremedhin, T. G. (2012) ‘Income
level and the energy consumption-GDP nexus: evidence from Sub-Saharan Africa’,
Energy Economics 34, 739-746.
245) Behmiri, B. and Pires Manso, N. (2012) ‘Does Portuguese economy support crude
oil conservation hypothesis?’, Energy Policy 45, 628-634.
246) Aranda-Uson, A., Ferreira, G., Mainar-Toledo, M. D., Scarpellini, S. and Liera
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247) Xu, S. (2012) ‘The impact of financial development on energy consumption in
China: Based on SYS-GMM estimation’, Advanced Materials Research 524, 2977-2981.
248) Andres, R. J., Boden, T. A., Breon, F. M., Ciais, P., Davis, S., Erickson, D., Gregg,
J. S., Jacobson, A., Marland, G., Miller, J., Oda, T., Olivier, J. G. J., Raupach, M. R.,
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249) Narayan, P. K. and Popp, S. (2012) ‘The energy consumption-real GDP nexus
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250) Bildirici, M. E. (2012) ‘The relationship between economic growth and biomass
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251) Chia, W. M. (2012) ‘Energy consumption, energy R&D and real GDP in OECD
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252) Pradhan, R. P. (2010) ‘Energy consumption-growth nexus in SAARC countries:
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253) Dagher, L. and Yacoubian, T. (2012) ‘The causal relationship between energy
consumption and economic growth in Lebanon’, Energy Policy 50, 795-801.
254) Liddle, B. (2013) ‘Population, affluence, and environmental impact across
development: evidence from panel cointegration modeling’, Environmental Modeling and
Software 40, 255-266.
255) Lee, J. W. (2013) ‘The contribution of foreign direct investment to clean energy use,
carbon emissions and economic growth’, Energy Policy 55, 483-489.
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256) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
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257) Bildirici, M. E. (2013) ‘Economic growth and biomass energy’, Biomass and
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258) Damette, O. and Seghir, M. (2013) ‘Energy as a driver of growth in oil exporting
countries?’, Energy Economics 37, 193-199.
259) Dedeoǧlu, D. and Kaya, H. (2013) ‘Energy use, exports, imports and GDP: new
evidence from the OECD countries’, Energy Policy 57, 469 – 476.
260) Salamaliki, P.K. and Venetis, I.A. (2013) ‘Energy consumption and real GDP in G7: multi-horizon causality testing in the presence of capital stock’, Energy Economics 39,
108-121.
261) Pao, H.T. and Fu. H.C. (2013) ‘Renewable energy, non-renewable energy and
economic growth in Brazil’, Renewable and Sustainable Energy Reviews 25, 381-392.
262) Menegaki, A.N. and Ozturk, I. (2013) ‘Growth and energy nexus in Europe
revisited: evidence from a fixed effects political economy model’, Energy Policy 61,
881-887.
263) Lin, B. and Xie, C. (2013) ‘Estimation on oil demand and oil saving potential of
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Apergis, N. and J. Payne (2009) ‘Energy consumption and economic growth: Evidence
from the Commonwealth of Independent States’, Energy Economics, 31, 641-647.
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264) Belke, A., Dreger, C. and Frauke, D. (2011) ‘Energy consumption and economic
growth: new insights into the cointegration relationship’, Energy Economics 33, 782-789.
265) Neeliah, H., Prakash, N. and Deenapanray, K. (2010) ‘Economic development and
electricity consumption: The case of Mauritius’, Energy Economics.
266) Harris, E. (2010) ‘CO2 emissions, electricity consumption and output in ASEAN’,
Applied Energy.
267) Loesse, J. L. (2010) ‘The energy-consumption-growth nexus in seven Sub-Saharan
African countries’, Economics Bulletin 30, 1191-1209.
268) Hamit-Haggar, M. (2010) ‘Greenhouse gas emissions, energy consumption, and
economic growth: A panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics.
269) Junfeng, H., Kahrl, F., Qingyou, Y. and Xiaoya, W. (2011) ‘Energy consumption,
economic growth, and economic structure in China: a provincial-level analysis’, Energy
Economics.
270) Esso, L. J. (2010) ‘Threshold cointegration and causality relationship between
energy use and growth in seven African countries’, Energy Economics 32, 1383-1391.
271) Shahbaz, M., Jalil, A. and Dube, S. (2011) ‘Environmental Kuznets curve (EKC):
Time series evidence from Portugal’, Energy Policy.
272) Sadorsky, P. (2010) ‘The impact of financial development on energy consumption
in emerging econoies’, Energy Policy 38, 2528-2535.
273) Sadorsky, P. (2011) ‘Financial development and energy consumption in Central and
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274) Chang. C. C. and Carballo, C. F. S. (2011) ‘Energy consumption, economic growth,
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275) Chang, C.C., Carballo, S. and Fabiola, C. (2011) ‘Energy conservation and
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276) Magazzino, C. (2011) ‘Energy consumption and aggregate income in Italy:
cointegration and causality analysis’, MPRA Paper 28494, University of Library of
Munich, Germany.
277) Shahbaz, M., Jalil, A. and Dube, S. (2010) ‘Environmental Kuznets curve (EKC):
Time series evidence from Portugal’, MPRA Paper 27443, University Library of Munich,
Germany.
278) Shahbaz, M. and Lean, H. H. (2011) ‘Does financial development increase energy
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33194, University Library of Munich, Germany.
279) Fang Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
The China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
280) Bildirici, M. E. and Kayikci, F. (2012) ‘Economic growth and electricity
consumption in Former Soviet Republics’, Energy Economics 34, 747-753.
281) Bildirici, M. E. and Kayikci, F. (2013) ‘Effects of oil production on economic
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282) Abanda, F. H., Ng’Mbe, A., Keivani, R. and Tah, J. H. M. (2012) ‘The link between
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283) Dedeoglu, D. and Piskin, A. (2012) ‘A dynamic panel study of energy consumptioneconomic growth nexus: evidence from the former Soviet Union countries’, Energy
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284) Kahsai. M. S., Nondo, C., Schaeffer, P. V. and Gebremedhin, T. G. (2012) ‘Income
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Energy Economics 34, 739-746.
285) Tiwari, A. K. and Shahbaz, M. (2012) ‘The environmental Kuznets curve and the
roal of coal consumption in India: cointegration and causality analysis in an open
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286) Nazioglu, S. and Soytas, U. (2012) ‘Oil price, agricultural commodity prices and the
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287) Le-Pen, Y. and Safci, B. (2010) ‘What trends in energy efficienciues? Evidence
from a robust test’, Energy Economics 32, 702-708.
288) Sadorsky, P. (2011) ‘Trade and energy consumption in the Middle East’, Energy
Economics 33, 739-749.
289) Chia, W. M. (2012) ‘Energy consumption, energy R&D and real GDP in OECD
countries with and without oil reserves’, Energy Economics.
290) Dagher, L. and Yacoubian, T. (2012) ‘The causal relationship between energy
consumption and economic growth in Lebanon’, Energy Policy 50, 795-801.
67
291) Amirnekooei, K., Ardehail, M. M. and Sadri, A. (2012) ‘Integrated resource
planning for Iran: development of reference energy system, forecast and long-term
energy environment plan’, Energy 46, 374-385.
292) Zhang, C. and Xu, J. (2012) ‘Retesting the causality between energy consumption
and GDP in China: evidence from sectoral and regional analyses using dynamic panel
data’, Energy Economics 34, 1782-1789.
293) Ozturk, I. (2010) ‘A literature survey on energy-growth nexus’, Energy Policy 38,
340-349.
294) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Papers 0303, Ruhr-Universitat
Bochum, universitat Dortmund, Universitat Duisburg-Essen.
295) Liddle, B. (2013) ‘Population, affluence and environmental impact across
development: evidence from panel cointegration modeling’, Environmental Modeling and
Software 40, 255-266.
296) Saatca, M. and Dumrul, Y. (2013) ‘The relationship between energy consumption
and economic growth: evidence from a structural break analysis for Turkey’,
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297) Kalyoncu, H., Faruk, G. and Gajcen, H. (2013) ‘Causality relationships between
GDP and energy consumption in Georgia, Azerbaijan and Armenia’, International
Journal of Energy Economics and Policy 3, 111-117.
298) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
68
299) Jude, E.C., Chrysost, B. and Christophe, R. (2011) ‘Energy consumption and
economic growth revisited in African countries’, Energy Policy 39, 7408-7421.
300) Yuanxi, H. and Daniel, T. (2010) ‘The energy implications of Chinese regional
disparities’, Energy policy 38, 7531-7538.
301) Csereklyei, S. and Humer, S. (2012) ‘Modelling primary energy consumption under
model uncertainty’, Working Paper, No. 147, Department of Economics, Vienna
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302) Ding, Z., Wang, S. and Jiang, S. (2013) ‘Research on a dynamics with bounded
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303) Liddle, B. (2012) ‘The importance of energy quality intensive manufacturing:
evidence from panel cointegration and panel FMOLS’, Energy Economics 34, 18191825.
304) Shabaz, M., Sbia, R. and Hamdi, H. (2013) ‘The environmental cost of skiing in the
desert? Evidence from cointegration with unknown structural breaks in UAE’, MPRA
Paper 48007, University Library of Munich, Germany.
305) Kansai, MS., Nondo, C., Schaeffer, P.V. and Gebremedhin, T.G. (2012) ‘Income
level and the energy consumption-GDP nexus: evidence from Sun-Saharan Africa’,
Energy Economics 34, 739-746.
306) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
307) Bildirici, M.E. and Kayikci, F. (2012) ‘Economic growth and electricity
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308) Bagayev, I. and Najman, B. (2013) ‘Less quality more costs: does local power
sector reliability matter for electricity intensity?’, MPRA Paper 46943, University
Library of Munich, Germany.
309) Abanda, F.H., Ng’ombe, A., Keivani, R. and Tah, J.H.M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
310) Hamit-Haggar, M. (2012) ‘Greenhouse gas emissions, energy consumption and
economic growth: a panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics 34, 358-364.
311) Zhang, C. and Xu, J. (2012) ‘Restesting the causality between energy consumption
and GDP in China: evidence from sectoral and regional analyses using dynamic panel
data’, Energy Economics 34, 1782-1789.
Apergis, N. and J. Payne (2009) ‘CO2 Emissions, Energy Usage, and Output in Central
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by
312) Hamit-Haggar, M. (2010) ‘Greenhouse gas emissions, energy consumption, and
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313) Harris, E. (2010, forthcoming) ‘CO2 emissions, electricity consumption and output
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314) Lean, H. H. and Smyth, R. (2009) ‘CO2 emissions, electricity consumption and
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315) Menyan, K. and Wolde-Rufael, Y. (2010) ‘Energy consumption, pollutant emissions
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316) Bella, J., Massidda, C. and Etzo, I. (2010) ‘A panel estimation of the relationship
between income, electric power consumption and CO2 emissions’, MPRA Paper 26077,
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317) Chang. C. C. and Carballo, C. S. (2011) ‘Energy consumption, economic growth,
carbon dioxide emissions and population in Latin America and the Caribbean’, Energy
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318) Chang, C. C., Carballo, C. S. and Fabiola C. (2011) ‘Energy conservation and
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319) Amin, Y. S., Kyuro, S., Hossein, Y. and Yuichi, S. (2011) ‘CP2 emission and
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320) Shahbaz, M., Faridul, I. and Shahbaz, M. B. (2011) ‘Financial development, energy
consumption and CO2 emissions: Evidence from ARDL approach for Pakistan’, MPRA
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321) Wang, Q., Zhou, P., Zhou, D. and Ge, S. (2012) ‘A nonparametric metafrontier
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322) Shahbaz, M., Lean, H. H. and Shabbir, M. S. (2011) ‘Environmental Kuznets curve
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323) Arouri, M. E. H., Ben Youssef, A., M’henni, H. and Rault, C. (2012) ‘Energy
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324) Alam, J. M., Are Begum, I., Buysse, J. and Van Huylenbroeck, G. (2012) ‘Energy
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and dynamic causality analysis’, Energy Policy 45, 217-225.
325) Ou, X., Yan, X. and Zhang, X. (2011) ‘Life-cycle energy consumption and
greenhouse gas emissions for electricity generation and supply in China’, Applied Energy
88, 289-297.
326) Shabaz, M. (2012) ‘Multivariate Granger causality between CO2 emissions, energy
intensity, financial development and economic growth: evidence from Portugal’, MPRA
Paper 37774, University Library of Munich, Germany.
327) Akpan, G. E. and Akpan, U. F. (2012) ‘Electricity consumption, carbon emissions
and economic growth in Nigeria’, International Journal of Energy Economics and Policy
2, 292-306.
328) Ozturk, I. (2010) ‘A literature survey on energy-growth nexus’, Energy Policy 38,
340-349.
329) Islam, F. and Shahbaz, M. (2012) ‘Is there an environmental Kuznets curve for
Bangladesh?’, MPRA Paper 38490, University Library of Munich, Germany.
330) Wang, S.S., Zhou, D.Q., Zhou, P. and Wang, Q.W. (2011) ‘CO2 emissions, energy
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331) Chandran, V.G.R. and Tang, C.F. (2013) ‘The impact of transport energy
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332) Pao, H.T. and Fu. H.C. (2013) ‘Renewable energy, non-renewable energy and
economic growth in Brazil’, Renewable and Sustainable Energy Reviews 25, 381-392.
333) Saboori, B. and Sulaiman, J. (2013) ‘CO2 emissions, energy consumption and
economic growth in ASEAN countries: a cointegration approach’, Energy 55, 813-822.
334) Chibueze, E. N., Jude, O. C. and Nnaji M. (2013) ‘Electricity supply, fossil fuel
consumption, C02 emissions and economic growth: implications and policy options for
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335) Wang, K.M. (2012) ‘Modelling the nonlinear relationship between CO2 emissions
from oil and economic growth’, Economic Modelling 29, 1537-1547.
336) Shahbaz, M., Abosedra, S. and Sbia, R. (2013) ‘Energy consumption, financial
development and growth: evidence from cointegration with unknown structural breaks in
Lebanon’, MPRA Paper 46580, University Library of Munich, Germany.
337) Shahbaz, M., Lean, H.H. and Shabbir, M.S. (2012) ‘Environmental Kuznets curve
hypothesis in Pakistan: cointegration and Granger causality’, Renewable and Sustainable
Energy Reviews 16, 2947-2953.
338) Wang, Q., Zhang, H., Zhang, W. (2013) ‘A Malmquist CO2 emission performance
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339) Bouoiyour, J. and Selmi, R. (2012) ‘Electricity consumption and economic growth
nexus: Evidence from MENA countries’, MPRA Paper 49136, University Library of
Munich, Germany.
Apergis, N. and Payne, J. (2010) ‘The Emissions, Energy Consumption and Growth
Nexus: Evidence from the Commonwealth of Independent States’, Energy Policy 38,
650-655.
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340) Hamit-Haggar, M. (2010) ‘Greenhouse gas emissions, energy consumption, and
economic growth: A panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics.
341) Harris, E. (2010, forthcoming) ‘CO2 emissions, electricity consumption and output
in ASEAN’, Applied Energy.
342) Menyan, K. and Wolde-Rufael, Y. (2010) ‘Energy consumption, pollutant emissions
and economic growth in South Africa’, Energy Economics 32, 1374-1382.
343) Shahbaz, M., Jalil, A. and Dube, S. (2011) ‘Environmental Kuznets curve (EKC):
Time series evidence from Portugal’, Energy Policy.
344) Karanfil, F. (2012) ‘Environmental Kuznets curve: lack of robustness to
heterogeneity and insights for climate change and energy policy’, Energy Policy.
345) Adom, P. K. (2011) ‘Electricity consumption-economic growth nexus: the Ghanaian
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346) Itkonen, J. (2010) ‘Internal validity of estimating the carbon Kuznets curve by
controlling for energy use’, Ifo Working Paper Series, Ifo Working Paper, No. 95, Ifo
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347) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
348) Fang, Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
The China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
349) Jobert, T., Karanfil, F. and Tykhonenko, A. (2012) ‘The Environmental Kuznets
Curve reconsidered from the perspective of heterogeneity: insights for climate change
and energy policy’, Energy Policy.
350) Suganthi, L. and Samuel, A. A. (2012) ‘Energy models for demand forecasting-A
review’, Renewable and Sustainable Energy Reviews 16, 1223-1240.
351) Bildirici, M. E. and Kayikci, F. (2012) ‘Economic growth and electricity
consumption in Former Soviet Republics’, Energy Economics 34, 747-753.
352) Abanda, F. H., Ng’Mbe, A., Keivani, R. and Tah, J. H. M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
353) Muhammad, S., Lean, H. H. and Muhammad, S. S. (2011) ‘Environmental Kuznets
curve and the role of energy consumption in Pakistan’, MPRA Paper 34929, University
Library of Munich, Germany.
354) Arazmuradov, A. (2011) ‘Energy consumption and carbon dioxide environmental
efficiency for former Soviet Union economies, evidence from DEA window analysis’,
MPRA Paper 36903, University Library of Munich, Germany.
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355) Shahbaz, M. (2012) ‘Multivariate Granger causality between CO2 emissions, energy
intensity, financial development and economic growth: evidence from Portugal’, MPRA
Paper 37774, University Library of Munich, Germany.
356) Farhani, S. and Ben Rejeb, J. (2012) ‘Energy consumption, economic growth and
CO2 emissions: evidence from panel data for MENA region’, International Journal of
Energy Economics and Policy 2, 71-81.
357) Tiwari, A. K. and Shahbaz, M. (2012) ‘The environmental Kuznets kurve and the
role of coal consumption in India: cointegration and causality analysis in an open
economy’, MPRA Paper 37775, University Library of Munich, Germany.
358) Lee, J. W. (2013) ‘The contribution of foreign direct investment to clean energy use,
carbon emissions and economic growth’, Energy Policy 55, 483-489.
359) Hocaoglu, F.O. and Karanfil, F. (2011) ‘Examining the link between carbon dioxide
emissions and the share of industry in GDP: modeling and testing for the G& countries’,
Energy Policy 39, 3612-3620.
360) Zhang, Y.J. (2011) ‘Interpreting the dynamic nexus between energy consumption
and economic growth: empirical evidence from Russia’, Energy Policy 39, 2265-2272.
361) Wang, S.S., Zhou, D.Q., Zhou, P. and Wang, Q.W. (2011) ‘Co2 emissions, energy
consumption and economic growth in China: a panel data analysis’, Energy Policy 39,
4870-4875.
362) Saboori, B. and Sulaiman, J. (2013) ‘CO2 emissions, energy consumption and
economic growth in ASEAN countries: a cointegration approach’, Energy 55, 813-822.
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363) Shahbaz, M., Lean, H.H. and Shahbaz, S.M. (2012) ‘Environmental Kuznetz curve
hypothesis in Pakistan: cointegration and Granger causality’, Renewable and Sustainable
Energy Reviews 16, 2947-2953.
364) Hamit-Hagar, M. (2012) ‘Greenhouse gas emissions, energy consumption and
economic growth: a panel cointegration analysis from Canadian industrial sector
perspective;, Energy Economics 34, 358-364.
365) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and nonrenewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
366) Farhani, S., Shahbaz, M. and Arouri, M.E.H. (2013) ‘Panel analysis of CO2
emissions, GDP, energy consumption, trade openness and urbanization for MENA
countries’, MPRA Paper 49258, University Library of Munich, Germany.
367) Bouoiyour, J. and Selmi, R. (2012) ‘Electricity consumption and economic growth
nexus: Evidence from MENA countries’, MPRA Paper 49136, University Library of
Munich, Germany.
Apergis, N. and S. Miller (2009) ‘Do structural oil-market shocks affect stock prices?’,
Energy Economics 31, 569-575.
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368) Arouri, H. M. E. (2010) ‘Stock returns and oil price changes in Europe: A Sector
Analysis’, The Manchester School 80, 237-261.
369) Arouri, H. M. E. (2010) ‘Short- and long-term links between oil prices and stock
markets in Europe’, Economics Bulletin 30, 817-828.
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370) Arouri, H., El, M. and Nguyen, K. D. (2010) ‘Oil prices, stock markets and portfolio
investment: Evidence from sector analysis in Europe over the last decade’, Energy Policy
38, 4528-4539.
371) Basher, S. A., Haug, A. A. and Sadorsky, P. (2011) ‘Oil prices, exchange rates and
emerging stock markets’, Energy Economics 34, 227-240.
372) Arouri, M. E. H. (2011) ‘Does crude oil move stock markets in Europe? A sector
investigation’, Economic Modelling 28, 1716-1725.
373) Alom, F. (2011) ‘Economic effects of oil and food price shocks in Asia and pacific
countries: an application of the SVAR model’, 2011 Conference, August 25-26, 2011,
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374) Arouri, M. E. H., Jouini, J. and Nguyen, D. K. (2012) ‘On the impacts of oil price
fluctuations on European equity markets: volatility spillover and hedging effectiveness’,
Energy Economics, 34, 611-617.
375) Jochen, H. F. G. (2011) ‘How do international stock markets respond to oil demand
and supply shocks?’, FEMM Working Papers, No. 110028, Otto-von-Guericke
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376) Casassus, J. and Higuera, F. (2011) ‘Stock return predictability and oil prices’,
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377) Zhu, H. M., Li, S. F. and Yu, K. (2011) ‘Crude oil shocks and stock markets: a panel
threshold cointegration approach’, Energy Economics 33, 987-994.
378) Chen, S. S. (2010) ‘Do higher oil prices push the stock market into bear territory?’,
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379) Rania, J. (2012) ‘Cross dynamics of oil-stock interactions: A redundant wavelet
analysis’, Energy 44, 750-777.
380) Filis, G., Degiannakis, S. and Floros, C. (2011) ‘Dynamic correlation between stock
market and oil prices: the case of oil-importing and oil-exporting countries’, International
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381) Arouri, M. E. H., Jouini, J. and Nguyen, D. K. (2011) ‘Volatility spillovers between
oil prices and stock sectors returns: implications for portfolio management’, Journal of
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382) Demachi, K. (2012) ‘The effect of crude oil price change and volatility on Nigerian
economy’, MPRA Paper 41413, University Library of Munich, Germany.
383) Berk, I. and Aydogan, B. (2012) ‘Crude oil price shocks and stock returns: evidence
from Turkish stock market under global liquidity conditions’, EWI Working Paper 201215, Energiewirtschaftliches Institut an der Universitaet zu Koeln.
384) Broadstock, D. C., Cao, H. and Zhang, D. (2012) ‘Oil shocks and their impact on
energy related stocks in China’, Surrey Energy Economics Centre (SEEK), School of
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385) Mollick, A. V. and Assefa, T. A. (2013) ‘U.S. stock returns and oil prices: the tale
from daily data and the 2008-2009 financial crisis’, Energy Economics 36, 1-18.
386) Awartani, B. and Maghyereh, A. I. (2013) ‘Dynamic spillovers between oil and
stock markets in the Gulf Cooperation Council Countries’, Energy Economics 36, 28-42.
387) He, H. and Jim, C. Y. (2012) ‘Coupling model of energy consumption with changes
in environmental utility’, Energy Policy 43, 235-243.
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388) Tsai, C. L. (2013) ‘The high-frequency asymmetric response of stock returns to
monetary policy for high oil proice events’, Energy Economics 36, 166-176.
389) Rania, J. and Chaker, A. (2010) ‘Wavelet decomposition and regime shifts:
assessing the effects of crude oil shocks on stock market returns’, Energy Policy 38,
1415-1435.
390) Aloui, R., Hammoudeh, S. and Nguyen, D.K. (2013) ‘A time-varying copula
approach to oil and stock market dependence: the case of transition economies’, Energy
Economics 39, 208-221.
391) Fowowe, B. (2013) ‘Jump dynamics in the relationship between oil prices and the
stock market: evidence from Nigeria’, Energy 56, 31-38.
392) Arouri, M.E.H., Jouini, J. and Mguyen, D.K. (2012) ‘On the impacts of oil price
fluctuations on European equity markets: volatility spillover and hedging effectiveness’,
Energy Economics 34, 611-617.
393) Li, S.F., Zhu, H.M. and Yu, K. (2012) ‘Oil prices and stock market in China: a
sector analysis using panel cointegration with multiple breaks’, Energy Economics 34,
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394) Wen, X., Wei, Y. and Huang, D. (2012) ‘Measuring contagion between energy
market and stock market during financial crisis: a copula approach’, Energy Economics
34, 1435-1446.
395) Acaravci, A., Ozturk, I. And Kandir, S.Y. (2012) ‘Natural gas prices and stock
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396) Broadstock, D.C., Cao, H. and Zhang, D. (2012) ‘Oil shocks and their impact on
energy related stocks in China’, Energy Economics 34, 1888-1895.
397) Kang, W. and Ratti, R.A. (2013) ‘Oil shocks, policy uncertainty and stock market
returns’, Journal of International Financial Markets, Institutions & Money 26, 305-318.
398) Chen, S.S. (2013) ‘Forecasting Crude Oil Price Movements with Oil-Sensitive
Stocks’, MPRA Paper 49240, University Library of Munich, Germany.
Apergis, N. and Payne, J. (2010) ‘ On the dynamics of poverty and income inequality in
U.S. states’, Journal of Economic Studies.
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399) Gregoriou, A. (2011, forthcoming) ‘Taking care of your own: Ethnic and religious
heterogeneity and income inequality’, Journal of Economic Studies.
Apergis, N. and Tsoumas, C. (2009) ‘A survey of the Feldstein-Horioka puzzle: What has
been dome and where we stand’, Research in Economics 63, 64-76.
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400) Eslamloueyan, K. and Jafari, M. (2010) ‘Capital mobility, openness, and savinginvestment relationship in Asia’, Economic Modelling 27, 1246-1252.
401) Kumar, S. and Bhaskara, R. B. (2009) ‘A time series approach to the FeldsteinHorioka puzzle with panel data from the OECD countries’, MPRA Paper 18464,
University Library of Munich, Germany.
402) Bhaskara, R., Tamazian, A. and Kumar, S. (2009) ‘Systems GMM estimates of the
Feldstein-Horioka puzzle for the OECD countries and tests for structural breaks’, MPRA
Paper 15312, University Library of Munich, Germany.
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403) Kumar, S., Fargher, S. and Webber, D. J. (2009) ‘Testing the validity of the
Feldstein-Horioka puzzle for Australia’, Discussion Paper No. 0911, University of the
West of England, Department of Economics.
404) Hashiguchi, Y. and Chen, K. H. (2010) ‘Has China’s interregional capital mobility
been low? A spatial econometric estimation of the Feldstein-Horioka equation’, MPRA
Paper 24595, University Library of Munich, Germany.
405) Di Iorio, F. and Fachin, S. (2010) ‘A panel cointegration study of the long-run
relationship between savings and investments in the OECD economies, 1970-2007’,
MPRA Paper 25873, University Library of Munich, Germany.
406) Ketenci, N. (2010) ‘The Feldstein-Horioka puzzle by groups of OECD members:
The panel approach’, MPRA Paper 25848, University Library of Munich, Germany.
407) Ketenci, N. (2010) ‘The Feldstein-Horioka puzzle and structural breaks: Evidence
from EU members’, MPRA Paper 26010, University Library of Munich, Germany.
408) Nagayasu, J. (2011) ‘A dynamic factor approach to domestic capital mobility’,
Empirical Economics.
409) Basher, S. A. and Fachin, S. (2011) ‘The long-run relationship between savings and
investment in oil-exporting developing countries: A case study of the Gulf Arab States’,
MPRA Paper 29077, University Library of Munich, Germany.
410) Han Gur, T., Erden, L. and Ozkan, I. (2011) ‘An empirical investigation on the
determinants of the saving-investment interaction’, Panoeconomicus, 58, 343-353.
411) Horioka, C. Y. and Terada-Hagiwara, A. (2011) ‘The determinants and long-term
projections of saving rates in developing Asia’, ISER Discussion Paper, No. 0821,
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412) Horioka, C. Y. and Terada-Hagiwara, A. (2011) ‘The determinants and long-term
projections of saving rates in developing Asia’, NBER Working Paper, No. 17581,
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413) Adebola, S. S. and Dahalan, J. (2012) ‘Capital mobility: An application of savingsinvetsment link for Tynisia’, International Journal of Economic and Financial Issues,
EconJournals, 2, 1-11.
414) Nagayasu, J. (2012) ‘The threshold consumption correlation-based approach to
international capital mobility: evidence from advanced and developing countries’, MPRA
Paper 36215, University Library of Munich, Germany.
415) Jamilov, R. (2012) ‘Capital mobility in the Caucasus’, Economic Systems 37, 155170.
416) Borio, C. and Disyatat, P. (2010) ‘Global imbalances and the financial crisis:
reassessing the role of international finance’, Asian Economic Policy Review 5, 198-216.
417) Fleitas, S., Rius, A., Roman, C. and Willebald, H. (2013) ‘Contract enforcement,
investment and growth in Uruguay since 1870’, Documentos de Trabajo Working Papers,
No. 13-01, Instituto de Economia.
418) Chu, K.H. (2012) ‘The Feldstein-Horioka puzzle and spurious ratio correlations’,
Journal of International Money and Finance 31, 292-309.
419) Nagayasu, J. (2012) ‘The threshold consumption correlation-based approach to
international capital mobility: evidence from advanced and developing countries’,
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420) Ketenci, N. (2012) ‘The Feldstein-Horioka puzzle and structural breaks: evidence
from EU members’, Economic Modelling 29, 262-270.
421) Adeniyi, O. and Egwaikhide, F.O. (2013) ‘Saving-Investment Nexus In Developing
Countries: Does Financial Development Matter?’, Journal of Economic Development 38,
119-140.
422) Waisman, H., Rozenberg, J. and Hourcade, J.C. (2013) ‘Monetary compensations in
climate policies through the lens of a general equilibrium assessment: the case of oilexporting countries’, Energy Policy 63, 951-961.
Apergis, N. and Payne, J. (2010) ‘Coal consumption and economic growth: Evidence
from a panel of OECD countries’, Energy Policy 38, 1353-1359.
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423) Hamit-Haggar, M. (2010) ‘Greenhouse gas emissions, energy consumption, and
economic growth: A panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics.
424) Li, R. and Leung, G. C. K. (2011) ‘Coal consumption and economic growth in
China’, Energy Policy.
425) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Paper 0303, RheinischWestfliches Institut, Ruhr-Universitat Bochum, Universitat Dortmund, Universitat
Duisburg-Essen.
426) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
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427) Saten, K. and Shahbaz, M. (2010) ‘Coal consumption and economic growth
revisited: structural breaks, cointegration and causality tests for Pakistan’, MPRA Paper
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428) Dedeoǧlu, D. and Kaya, H. (2013) ‘Energy use, exports, imports and GDP: new
evidence from the OECD countries’, Energy Policy 57, 469 – 476.
429) Salim, R.A. and Rafiq, S. (2012) ‘Why do some emerging economies proactively
accelerate the adoption of renewable energy?’, Energy Economics 34, 1051-1057.
430) Yildirim, E., Aslan, A. and Ozturk, I. (2012) ‘Coal consumption and industrial
production nexus in US: cointegration with unknown structural breaks and causality
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431) Hamit;Haggar, M. (2012) ‘Greenhouse gas emissions, energy consumption and
economic growth: a panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics 34, 358-364.
432) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
Αpergis, N., I. Filippidis, and Economidou, C. (2007) ‘Financial deepening and economic
growth
linkages:
a
panel
data
analysis’,
Review
of
World
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433) Vaona, A. and Patuelli, R. (2008) ‘New empirical evidence on local financial
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434) Bakwena, M., Bodman, P. and Suardi, S. (2008) ‘Making abundant natural
resources work for developing economies: The role of financial institutions’, MRG
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435) Ozturk, I. (2008) ‘Financial development and economic growth: Evidence form
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436) Humis, D. (2011) ‘How has financial deepening affected poverty reduction in India?
An empirical analysis using state-level panel data’, World Development.
437) Tiwari, A. K. and Shahbaz, M. (2010) ‘Does financial development increase ruralurban income inequality? Cointegration analysis in the case of Indian economy’, MPRA
Paper 27093, University Library of Munich, Germany.
438) Mirdala, R. (2011) ‘Financial deepening and economic growth in the European
transition economies’, MPRA Paper 33609, University Library of Munich, Germany.
439) Takeshi, I. and Shigeyuki, H. (2011) ‘Financial permeation as a role of
microfinance: has microfinance actually been helpful to the poor?’, IDE Discussion
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440) Mirdala, R. (2011) ‘Financial integration and economic growth in the European
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441) Inoue, T. and Hamori, S. (2012) ‘How has financial deepening affected poverty
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442) Hartmann, M., Herwartz, H. and Walle, Y. M. (2012) ‘Where enterprise leads,
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443) Wolde-Rufael, Y. (2009) ‘Re-examining the financial development and economic
growth nexus in Kenya’, Economic Modelling 26, 1140-1146.
444) Bangake, C. and Eggoh, J. C. (2011) ‘Further evidence on finance-growth causality:
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445) Shahbaz, M., Tiwari, A., and Sherafatian-Jahromi, R. (2012) ‘Financial
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446) Zaman, K., Mushtaq Khan, M. and Ahmad, M. (2013) ‘Factors affecting
commercial energy consumption in Palistan: progress in energy’, Renewable and
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447) Wesaratchakit, W., Suhanij, T., Roengpitya, R., Sawangngoenyuang, W. and
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448) Zaman, K., Izhar, Z., Khan, M.M. and Ahmad, M. (2012) ‘The relationship between
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449) Ageli, M.M. and Zaidan, S.M. (2013) ‘Saudi financial structure and economic
growth: a macroeconometric approach’, MPRA Paper 46591, University Library of
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Apergis, N., C. Katrakilidis, and N. Tabakis (2006) ‘Dynamic linkages between FDI
inflows and domestic investment: A panel cointegration approach ‘, Atlantic Economic
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450) Ghumro, A. A. and Hakro, A. N. (2007) ‘Foreign direct investment, determinants
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Economics, University of Glasgow.
451) Ramirez, M. D. (2007) ‘Is foreign direct investment productive in the Latin America
case? A panel unit root and panel cointegration analysis, 1980-2001’, Working Papers 23,
Yale University, Department of Economics.
452) Ramirez, M. D. (2008) ‘Are foreign and public capital productive in the in the
Mexican case? A panel unit root and panel cointegration analysis’, Working Papers 49,
Yale University, Department of Economics.
453) Karunaratne, N. D. (2012) ‘Total factor productivity and foreign direct investment
in OECD countries- a panel data econometric analysis’, Discussion Paper Series, No.
465, School of Economics, University of Queensland, Australia.
Apergis, N. and A. Rezitis (2003) ‘Housing prices and macroeconomic factors in Greece:
prospects within the EMU’, Applied Economics Letters, 10, 561-565.
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454) Wang, K. M., Lee, Y. M. and Ngyen, T. T. (2008) ‘Asymmetric inflation hedge of
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455) Kuethe, T. H. and Pede, V. (2009) ‘Regional housing price cycles: a spatio-temporal
analysis using US state level’, Working Paper 09-04, Purdue University, College of
Agriculture, Department of Agricultural Economics.
456) Katrakilidis, C. and Trachanas, E. (2012) ‘What drives housing price dynamics in
Greece: New evidence from asymmetric ARDL cointegration’, Economic Modelling 29,
1064-1069.
Apergis, N. and Payne, J. (2010), ‘Renewable Energy Consumption and Growth in
Eurasia’, Energy Economics 32, 1392-1397.
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457) Menegaki, A. N. (2011) ‘Growth and renewable energy in Europe: A random effect
model with evidence for neutrality hypothesis’, Energy Economics 33, 257-263.
458) Magnani, N. and Vaona, A. (2011) ‘Regional spillover effects of renewable energy
generation in Italy’, Working Paper 12/2011, University di Verona, Dipartimento di
Scienze Economiche.
459) Fang, Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
The China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
460) Abanda, F. H., Ng’Mbe, A., Keivani, R. and Tah, J. H. M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
461) Dedeoglu, D. and Piskin, A. (2012) ‘A dynamic panel study of energy consumptioneconomic growth nexus: evidence from the former Soviet Union countries’, Energy
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89
462) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
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463) Shahbaz, M., Qazi, M. A. H. and Muhammad, Z. (2012) ‘Is renewable energy
consumption effective to promote economic growth in Pakistan? Evidence from bounds
testing and rolling winow approach’, MPRA Paper 41608, University Library of Munich,
Germany.
464) Shahbaz, M., Muhammad, Z. and Talat, A. (2012) ‘Is energy consumption effective
to spur economic growth in Pakistan? New evidence from bounds test to level
relationships and Granger causality tests’, MPRA Paper 39734, University Library of
Munich, Germany.
465) Bildirici, M. E. and Kayikci, F. (2013) ‘Effects of oil production on economic
growth in Eurasian countries: panel ARDL approach’, Energy 49, 156-161.
466) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
467) Pao, H.T. and Fu. H.C. (2013) ‘Renewable energy, non-renewable energy and
economic growth in Brazil’, Renewable and Sustainable Energy Reviews 25, 381-392.
468) Yildirim, E., Sarac, S. and Aslan, A. (2012) ‘Energy consumption and economic
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469) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Economic growth and combustible
renewable and waste consumption nexus in MENA countreis’, MPRA Paper 47766,
University Library of Munich, Germany.
90
470) Halkos, G. and Tzeremes, N. (2013) ‘Renewable energy consumption and economic
efficiency: evidence from European countries’, MPRA Paper 44136, University Library
of Munich, Germany.
471) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable enrgy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
472) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and trade in Africa’, MPRA Paper 47279, University Library of Munich, Germany.
473) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and international trade: evidence from a panel of 69 countries’, MPRA Paper 47280,
University Library of Munich, Germany.
474) Abanda, F.H., Ng’ombe, A., Keivani, R. and Tah, J.H.M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa; a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
475) Shahbaz, M., Zeshan, M. and Afza, T. (2012) ‘Is energy consumption effective to
spur economic growth in Pakistan? New evidence from bounds tests to level relationships
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476) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
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Apergis, N. and Payne, J. (2010) ‘Renewable Energy Consumption and Economic
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477) Menegaki, A. N. (2011) ‘Growth and renewable energy in Europe: A random effects
model with evidence for neutrality hypothesis’, Energy Economics 33, 257-263.
478) Salim, R. and Rafiq, S. (2012) ‘Why do some emerging economies proactively
accelerating the adoption of renewable energy?’, Energy Economics 34, 1051-1057.
479) Kumar, S. and Shahbaz, M. (2010) ‘Coal consumption and economic growth
revisited: structural breaks, cointegration and causality tests for Pakistan’, MPRA Paper
26151, University Library of Munich, Germany.
480) Francesca Di Iorio & Stefano Fachin (2010) ‘A sieve bootstrap range test for
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cointegrated
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Empirical
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482) Kumar, A. T. (2011) ‘Comparative performance of renewable and nonrenewable
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483) Magnani, N. and Vaona, A. (2011) ‘Regional spillover effects of renewable energy
generation in Italy’, Working Paper 12/2011, University of Verona, Dipartimento di
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484) Behemiri, N. B. and Manso, J. R. P. (2012) ‘Does Portuguese economy support
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485) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
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486) Shahbaz, M., Zeshan, M. and Tiwari, A. K. (2011) ‘Analysis of renewable and
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Germany.
487) Fang, Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
The China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
488) He, H. and Jim, C. Y. (2012) ‘Coupling model of energy consumption with changes
in environmental utility’, Energy Policy, 43, 235-243.
489) Abanda, F. H., Ng’Mbe, A., Keivani, R. and Tah, J. H. M. (2012) ‘The link between
renewable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
490) Muhammad, S. S., Zeshan, M. and Shahbaz, M. (2011) ‘Renewable and nonrenewable energy consumption, real GDP and CO2 emissions nexus: a structural VAR
approach in Pakistan’, MPRA Paper 34859, University Library of Munich, Germany.
491) Vaona, A. (2012) ‘Granger non-causality tests between (non)renewable energy
consumption and output in Italy since 861: The (ir)relevance of structural breaks’, Energy
Policy 45, 226-236.
492) Bashiri, B. N. and Pires Manso, J. R. (2012) ‘Does Portuguese economy support
crude oil conservation hypothesis?’, Energy Policy 45, 628-634.
493) Marques, A. C. and Fuinhas, J. A. (2012) ‘Is renewable energy effective in
promoting growth?’, Energy Policy 46, 434-442.
93
494) Lean, H. H. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permanent or transitory?’, Monash Economics Working Papers 05-12, Monash
University, Department of Economics.
495) Lehr, U., Lutz, C. and Edler, D. (2012) ‘Green jobs? Economic impacts of
renewable energy in Germany’, Energy Policy 47, 358-364.
496) Chia, W. M. (2012) ‘Energy consumption, energy R&D and real GDP in OECD
countries with and without oil reserves’, Energy Economics.
497) WenShwo, F., Miller, S. and Yeh, C. C. (2012) ‘The effect of ECSOs on energy
use’, Working Paper 2012-13, Department of Economics, University of Connecticut.
498) Narbel, P. A. (2012) ‘What is really behind the adoption of new renewable
electricity generating technologies?’, Energy Journal.
499) Shahbaz, M., Muhammad, Z. and Talat, A. (2012) ‘Is energy consumption effective
to spur economic growth in Pakistan? New evidence from bounds test to level
relationships and Granger causality tests’, MPRA Paper 39734, University Library of
Munich, Germany.
500) Akkemik, K. A. and Koray, G. (2012) ‘Energy consumption-GDP nexus:
heterogeneous panel causality analysis’, Energy Economics 34, 865-873.
501) Liddle, B. (2013) ‘Population, affluence and environmental impact across
development: evidence from panel cointegration modeling’, Environmental Modeling and
Software 40, 255-266.
502) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
94
503) Mandal, K. and Madheswaran, S. (2010) ‘Causality between energy consumption
and output growth in the Indian cement industry: an application of the panel vector error
correction model (VECM)’, Energy Policy 38, 6560-6565.
504) Dedeoǧlu, D. and Kaya, H. (2013) ‘Energy use, exports, imports and GDP: new
evidence from the OECD countries’, Energy Policy 57, 469 – 476.
505) Pao, H.T. and Fu. H.C. (2013) ‘Renewable energy, non-renewable energy and
economic growth in Brazil’, Renewable and Sustainable Energy Reviews 25, 381-392.
506) Silva, S., Soares, I. and Pinho, C. (2012) ‘The impact of renewable energy sources
on economic growth and CO2 emissions- a SVAR approach’, European Research Studies
Journal, 133-144.
507) Yildirim, E., Sarac, S. and Aslan, A. (2012) ‘Energy consumption and economic
growth in the US: evidence from renewable energy’, Renewable and Sustainable Energy
Reviews 16, 6770-6774.
508) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Economic growth and combustible
renewable and waste consumption nexus in MENA countries’, MPRA Paper 47766,
University Library of Munich, Germany.
509) Halkos, G. and Tzeremes, N. (2013) ‘Renewable energy consumption and economic
efficiency: evidence from European countries’, MPRA Paper 44136, University Library
of Munich, Germany.
510) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisitred: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
95
511) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and trade in Africa’, MPRA Paper 47279, University Library of Munich, Germany.
512) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and international trade: evidence from a panel of 69 countries’, MPRA Paper 47280,
University Library of Munich, Germany.
513) Salim, R.A. and Rafiq, S. (2012) ‘Why do some emerging economies proactively
accelerate the adoption of renewable energy?’, Energy Economics 34, 1051-1057.
514) Abanda, F.H., Ng’ombe, A., Keivani, R. and Tah, J.H.M. (2012) ‘The link between
reneable energy production and gross domestic product in Africa: a comparative study
between 1980 and 2008’, Renewable and Sustainable Energy Reviews 16, 2147-2153.
515) Hamit-Haggar, M. (2012) ‘Greenhouse gas emissions, energy consumption and
economic growth: a panel cointegration analysis from Canadian industrial sector
perspective’, Energy Economics 34, 358-364.
516) Narbel, P.A. (2013) ‘What is really behind the adoption of new renewable electricity
generating technologies?’, Energy for Sustainable Development 17, 386 – 390.
517) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N. and Payne, J. (2010) ‘A panel study of nuclear energy consumption and
economic growth’, Energy Economics 32, 545-549.
by
518) Lee. C. C. and Chiu, Y. B. (2011) ‘Nuclear energy consumption, oil prices, and
economic growth: Evidence from highly industrialized countries’, Energy Economics 33,
236-248.
96
519) Nazlioglu, S., Lebe, F. and Kayhan, S. (2012) ‘Nuclear energy consumption and
economic growth in OECD countries: Cross-sectionally dependent heterogeneous panel
causality analysis’, Energy Policy 39, 6615-6621.
520) Marktanner, M. and Salman, L. (2011) ‘Economic and geopolitical dimensions of
renewable vs nuclear energy in North Africa’, Energy Policy 39, 4479-4489.
521) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
522) Scandurra, G. and Romano, A. A. (2011) ‘The investments in renewable energy
sources: do low carbon economies better invest in green technologies?’, MPRA Paper,
No. 34216, University Library of Munich, Germany.
523) Scandurra, G. and Romano, A. A. (2011) ‘The investments in renewable energy
sources: do low carbon economies better invest in green technologies?’, International
Journal of Energy Economics and Policy 1, 107-115.
524) Frauke, D. (2011) ‘Energy consumption and economic growth revisirted: structural
breaks and cross-section dependence’, Ruhr Economic Paper 03030, Ruhr Universitat
Bochum, Universitat Dortmund, Universitat Duisburg-Essen.
525) Wolde-Rafael, Y. and Menyah, K. (2010) ‘Nuclear energy consumption and
economic growth in nine developed countries’, Energy Economics 32, 550-556.
526) Lee, C.C. and Chiu, Y.B. (2011) ‘Oil prices, nuclear energy consumption, and
economic growth: new evidence using a heterogeneous panel analysis;, Energy Policy 39,
2111-2120.
97
527) Akhmat, G. and Zaman, K. (2013) ‘Nuclear energy consumption, commercial
energy consumption and economic growth in South Asia: Bootstrap panel causality tests’,
Renewable and Sustainable Energy Reviews 25, 552-559.
528) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N., Payne, J., Menyah, K. and Wolde-Rufael, Y. (2010), ‘On the Causal
Dynamics between Emissions, Nuclear Energy, Renewable Energy, and Economic
Growth’, Ecological Economics, 69, 2255-2260.
by
529) Nazlioglu, S., Lebe, F. and Kayhan, S. (2011) ‘Nuclear energy consumption and
economic growth in OECD countries: Cross-sectionally dependent heterogeneous panel
causality analysis’, Energy Policy 39, 6615-6621.
530) He, H. and Jim, C. Y. (2012) ‘Coupling model of energy consumption with changes
in environmental utility’, Energy Policy, 43, 235-243.
531) Marques, A. C. and Fuinhas, J. A. (2012) ‘Is renewable energy effective in
promoting growth?’, Energy Policy 46, 434-442.
532) Narbel, P. A. (2012) ‘What is really behind the adoption of new renewable
electricity generating technologies?’, Energy Journal.
533) Al-Mulali, U., Fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
98
534) Karakosta, C., Pappas, C., Marinakis, V. and Psarras, J. (2013) ‘Renewable energy
and nuclear power towards sutainable development: characteristics and prospects’,
Renewable and Sustainable Energy Reviews 22, 187-197.
535) Kojo, M. and Yemane, W.R. (2010) ‘Energy consumption, pollutant emissions and
economic growth in South Africa;, Energy Economics 32, 1374-1382.
536) Blake, A. and M’Gonigle, M. (2012) ‘Does ecological economics have a future?’,
Eclogical Economics 84, 37-48.
537) Lee, C.C. and Chiu, Y.B. (2011) ‘Oil prices, nuclear energy consumption and
economic growth: new evidence using a heterogeneous panel analysis’, Energy Policy 39,
2111-2120.
538) Bildirici, M. E. (2013) ‘Economic growth and biomass energy’, Biomass and
Bioenergy 50, 19-24.
539) Al-Mulali, U., Lee, J.Y., Hakim Mohammed, A. and Sheau-Ting, L. (2013)
‘Examining the link between energy consumption, carbon dioxide emission and
economic growth in Latin America and the Caribbean’, Renewable & Sustainable Energy
Reviews 26, 42-48.
540) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Combustible renewable and waste
consumption, exports and economic growth: evidence from panel for selected MENA
countries’, MPRA Paper 47767, University Library of Munich, Germany.
541) Tugcu, C.T. (2013) ‘Disaggregate enrgy consumption and total factor productivity:
a cointegration and causality analysis for the Turkish economy’, International Journal of
Energy Economics and Policy 3, 307-314.
99
542) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Economic growth and combustible
renewables and waste consumption nexus in MENA countries’, MPRA Paper 47766,
University Library of Munich, Germany.
543) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Economic growth and combustible
renewables and waste consumption and emissions in North Africa’, MPRA Paper 47765,
University Library of Munich, Germany.
544) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
545) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N. and J. Payne (2009) ‘Energy consumption and economic growth in Central
America: Evidence from a panel cointegration and error correction model’, Energy
Economics, 31, 211-216.
by
546) Tang, C. F. and Shahbaz, M. (2011) ‘Revising the electricity consumption-growth
nexus for Portugal: Evidence from a multivariate framework analysis’, MPRA Paper
28393, University Library of Munich, Germany.
547) Mutascu, M., Shahbaz, M. and Tiwari, A. K. (2011) ‘Revisiting the relationship
between electricity consumption, capital and economic growth: Cointegration and
causality analysis in Romania’, MPRA Paper 29233, University Library of Munich,
Germany.
548) de Villemeur, A. and Vinella, A. (2010) ‘Long-term contracting in hydro-thermal
electricity generation: welfare and environmental impact’, IDEI Working Paper 628,
Institut de Economie Industrielle (IDEI), Toulouse.
100
Apergis, N., Dincer, O. and Payne, J. (2010) ‘The relationship between corruption and
income inequality in U.S. states: Evidence from a panel cointegration and error correction
model’, Public Choice 145, 125-135.
by
549) Yamamura, E. (2011) ‘Public sector corruption and the probability of technological
disasters’, MPRA Paper 34833, University Library of Munich, Germany.
550) de Figueiredo, N. J. (2013) ‘Are corruption levels accurately identified? The case of
U.S. States’, Journal of Policy Modeling 35, 134-149.
551) Dobson, S. and Ramlogan-Dobson, C. (2012) ‘Why is corruption less harmful to
income inequality in Latin America?’, World Development 40, 1534-1545.
552) Yamamura, E. (2013) ‘Impact of natural disaster on public sector corruption’,
MPRA Paper 49760, University Library of Munich, Germany.
Apergis, N. (2008) ‘Foreign Direct Investment Inward and Foreign Direct Investment
Outward: Evidence from Panel Unit Root and Cointegration Tests with a Certain Number
of Structural Changes’ Global Economy Journal (published by Berkley University)
by
553) Chowdhury, M. B. (2011) ‘India’s outward foreign direct investment: Closed doors
to open souk’, MPRA Paper 32828, University Library of Munich, Germany.
Apergis, N. and J. Payne (2010) ‘Energy consumption and growth in South America:
Evidence from a panel error correction model’, Energy Economics 32, 1421-1426.
by
101
554) Shahbaz, M. and Lean, H. H. (2011) ‘Does financial development increase energy
consumption? The role of industrialization and urbanization in Tunisia’, MPRA Paper
33194, University Library of Munich, Germany.
555) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
556) Billette de Villemeur, E. and Vinella, A. (2011) ‘Long-term contracting in hydrothermal electricity generation: welfare and environmental impact’, Utilities Policy 19, 2032.
557) Cerdeira Bento, J. P. (2011) ‘Energy savings via Foreign Direct Investment? –
Empirical evidence from Portugal’, Working Paper No. 2011/24, Maastricht School of
Management.
558) Sadorsky, P. (2012) ‘Energy consumption, output and trade in South America’,
Energy Economics 34, 476-488.
559) Cerdeira Bento, J. P. (2012) ‘Cointegration models applied for Portugal energy
consumption, inward FDI and GDP series: 1980-2007’, MPRA Paper 41619, University
Library of Munich, Germany.
560) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Paper 0303, RheinischWestfliches Institut, Ruhr-Universitat Bochum, Universitat Dortmund, Universitat
Duisburg-Essen.
561) Shahbaz, M., Mutasku, M. and Tiwari, A. K. (2012) ‘Revisiting the relationship
between electricity consumption, capital and economic growth: cointegration and
causality analysis in Romania’, Journal for Economic Forecasting 3, 97-120.
102
562) Akkemik, K. A. and Koray, G. (2012) ‘Energy consumption-GDP nexus:
heterogeneous panel causality analysis’, Energy Economics 34, 865-873.
563) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
564) Kalyoglu, H., Garsoy, F. and Gajsen, H. (2013) ‘Causality relationship between
GDP and energy consumption in Georgia, Azerbaijan and Armenia’, International
Journal of Energy Economics and Policy 3, 111-117.
565) Zahan, M. and Kenett, R.S. (2013) ‘Modeling and forecasting energy consumption
in the manufacturing industry in South Asia’, International Journal of Energy Economics
and Policy 3, 87-98.
566) Bildirici, M. E. (2013) ‘Economic growth and biomass energy’, Biomass and
Bioenergy 50, 19-24.
567) Dedeoǧlu, D. and Kaya, H. (2013) ‘Energy use, exports, imports and GDP: new
evidence from the OECD countries’, Energy Policy 57, 469 – 476.
568) Coban, S. and Topcu, M. (2013) ‘The nexus between financial development and
energy consumption in the EU: a dynamic panel data analysis’, Energy Economics 39,
81-88.
103
569) Liddle, B. (2012) ‘The importance of energy quality in energy intensive
manufacturing: evidence from panel cointegration and panel FMOLS’, Energy
Economics 34, 1819-1825.
570) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
571) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
572) Shahbaz, M., Nasreen, S., Ling, C.H. and Sbia, R. (2013) ‘Causality between Trade
Openness and Energy Consumption: What Causes What in High, Middle and Low
Income countries’, MPRA Paper 50382, University Library of Munich, Germany.
573) Ersan, E. and Ulaþ, U. (2013) ‘Energy Consumption and Stock Market
Relationship: Evidence from Turkey’, International Journal of Energy Economics and
Policy 3, 34 - 40
Apergis, N. and Payne, J. (2011) ‘Renewable and non-renewable electricity consumptiongrowth nexus: Evidence from emerging market economies’, Applied Energy 88, 52265230.
by
574) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
575) Chia, W. M. (2012) ‘Energy consumption, energy R&D and real GDP in OECD
countries with and without oil reserves’, Energy Economics.
104
576) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
577) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N. and Payne, J. (2011, forthcoming) ‘Renewable and Non-Renewable Energy
Consumption-Growth Nexus: Evidence from a Panel Error Correction Model’, Energy
Economics 34, 733-738.
by
578) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
579) Nieto, C.A.B. and Robledo, J. C. (2012) ‘Relacion de largo plazo entre consume
energy en America Latina: una evaluacion empirica con datos panel’, Documentos de
Trabajo 010251, Universidad Catolica de Colombia.
580) Frauje, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Papers 0303, RheinischWestfauliches Institut, Ruhr Universitat Bochum, Universitat Dornmund, Universitat
Duisburg-Essen.
581) Shahbaz, M.m Qazi, M. A. H. and Zeshan, M. (2012) ‘Is renewable energy
consumption effective to promote economic growth in Pakistan? Evidence from bounds
testing and rolling window approach’, MPRA Paper 41608, University Library of
Munich, Germany.
105
582) Cerdeira Bento, J. P. (2012) ‘The role of foreign direct investment in the renewable
electricity generation and economic growth nexus in Portugal: a cointegration and
causality analysis’, MPRA Paper 41533, University Library of Munich, Germany.
583) Lean, H. H. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permanent or transitory?’, Monash Economics Working Papers 05-12,
Department of Economics, Monash University.
584) Al-Mulali, U., Fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
585) Yildirim, E., Sarac, S. and Aslan, A. (2012) ‘Energy consumption and economic
growth in the USA: evidence from renewable energy’, Renewable and Sustainable
Energy Reviews 16, 6770-6774.
586) Ben, J.M. and Ben, Y.S. (2013) ‘Economic growth and combustible renewable and
waste consumption nexus in MENA countries’, MPRA Paper 47766, University Library
of Munich, Germany.
587) Halkos, G. and Tzeremes, N. (2013) ‘Renewable energy consumption and economic
efficiency: evidence from European countries’, MPRA Paper 44136, University Library
of Munich, Germany.
588) Ben, J.M. and Ben, Y.S. (2013) ‘Combustible renewable and waste consumption,
exports and economic growth for selected MENA countries’, MPRA Paper 47767,
University Library of Munich, Germany.
589) Ben, J.M. and Ben, Y.S. (2013) ‘Energy consumption, output and trade nexus in
North Africa’, MPRA Paper 47965, University Library of Munich, Germany.
106
590) Tugcu, C.T. (2013) ‘Disaggregate energy consumption and total factor productivity:
a cointegration and causality analysis for the Turkish economy’, International Journal of
Energy Economics and Policy 3, 307-314.
591) Ben, J.M. and Ben, Y.S. (2013) ‘Output, renewable energy consumption and trade
in Africa’, MPRA Paper 47279, University Library of Munich, Germany.
592) Ben, J.M. and Ben, Y.S. (2013) ‘Output, renewable energy consumption and
international trade: evidence from a panel of 69 countries’, MPRA Paper 47280,
University Library of Munich, Germany.
593) Shahbaz, M., Zeshan, M. and Afza, T. (2012) ‘Is energy consumption effective to
spur economic growth in Pakistan? New evidence from bounds test to level relationships
and Granger causality tests’, Economic Modelling 29, 2310-2319.
594) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
595)
Öztürk,
S.,
Sözdemir,
A.
and
Ülger,
O.
(2013)
‘The Real Crisis Waiting for the World: Oil Problem and Energy Security’, International
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Apergis, N. and Payne J. (2010) ‘The Renewable Energy Consumption-Growth nexus in
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by
596) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
107
597) Magnani, N. and Vaona, A. (2011) ‘Regional spillover effects of renewable energy
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598) Vaona, A. (2012) ‘Granger-non causality between (non)renewable energy
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Energy Policy 45, 226-236.
599) Tamba, J. G., Njomo, D., Limanond, T. and Ntsafack, B. (2012) ‘Causality analysis
of diesel consumption and economic growth in Cameroon’, Energy Policy 45, 567-575.
600) Hooi Hooi, L. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
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601) Menegaki, A. (2011) ‘Growth and renewable energy in Europe: a random effect
model with evidence for neutrality hypothesis’, Energy Economics 33, 257-263.
602) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
603) Bildirici, M. E. (2013) ‘Economic growth and biomass energy’, Biomass and
Bioenergy 50, 19-24.
604) Pao, H.T. and Fu. H.C. (2013) ‘Renewable energy, non-renewable energy and
economic growth in Brazil’, Renewable and Sustainable Energy Reviews 25, 381-392.
605) Yildirim, E., Saraç, Ş. and Aslan, A. (2012) ‘Energy consumption and economic
growth in the US: evidence from renewable energy’, Renewable and Sustainable Energy
Reviews 16, 6770-6774.
108
606) Kum, H., Ocal, O. and Aslan, A. (2012) ‘The relationship among natural gas energy
consumption, capital and economic growth: Bootstrap-corrected causality tests from G-7
countries’, Renewable and Sustainable Energy Reviews 16, 2361-2365.
607) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Economic growth and combustible
renewables and waste consumption nexus in MENA countries’, MPRA Paper 47766,
University Library of Munich, Germany.
608) Tugcu, C.T., Ozturk, I. and Aslan, A. (2012) ‘Renewable and non-renewable energy
consumption and economic growth relationship revisited: evidence from G7 countries’,
Energy Economics 34, 1942-1950.
609) Tugcu, C.T.
(2013) ‘Disaggregate energy consumption and total factor
productivity: a cointegration and causality analysis for the Turkish economy’,
International Journal of Energy Economics and Policy 3, 307-314.
610) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and trade in Africa’,MPRA Paper 47279, University Library of Munich, Germany.
611) Ben Jebli, M. and Ben Youssef, S. (2013) ‘Output, renewable energy consumption
and international trade: Evidence from a panel of 69 countries’, MPRA Paper 47280,
University Library of Munich, Germany.
612) Shahbaz, M., Zeshan, M. and Afza, T. (2012) ‘Is energy consumption effective to
spur economic growth in Pakistan? New evidence from bounds test to level relationships
and Granger causality tests’, Economic Modelling 29, 2310-2319.
613) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
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Apergis, N. and Payne, J. (2010) ‘Natural gas consumption and economic growth: A
panel investigation of 67 countries’, Applied Energy 87, 2759-2763.
by
614) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
615) Shahbaz, M., Chandran, V. G. R. and Azeem, P. (2011) ‘Natural gas consumption
and economic growth: cointegration, causality and forecast error variance decomposition
tests for Pakistan’, MPRA Paper 35103, University Library of Munich, Germany.
616) Dedeoglu, D. and Piskin, A. (2012) ‘A dynamic panel study of energy consumptioneconomic growth nexus: evidence from the former Soviet Union countries’, Energy
Policy.
617) Golpe, A. A., Carmona, M. and Congregado, E. (2012) ‘Persistence in natural gas
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618) Shahbaz, M., Hooi Hooi, L. and Farooq, A. (2012) ‘Natural gas consumption and
economic growth in Pakistan’, MPRA Paper 40959, University Library of Munich,
Germany.
619) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
620) Aguilera, R.F. and Ripple, R.D. (2013) ‘Modeling primary energy substitution in the
Asian Pacific’, Applied Energy 111, 219-224.
110
621) Kum, H., Ocal, O. and Aslan, A. (2012) ‘The relationship among natural gas energy
consumption, capital and economic growth: bootstrap corrected causality tests from G7
countries’, Renewable and Sustainable Energy Reviews 16, 2361-2365.
622) Farhani, S. and Shahbaz, M. (2013) ‘The role of natural gas consumption and trade
in Tunisia’s output’, MPRA Paper 49260, University Library of Munich, Germany.
623) Heidari, H., Katircioglu, S.T. and Saeidpour, L. (2013) ‘Natural gas consumption
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Apergis, N. and Payne, J. (2010) ‘The causal dynamics between coal consumption and
growth: Evidence from emerging market economies’, Applied Energy 87, 1972-1977.
by
624) Jin, Z., Cai, W., Wang, C. and Chen, J. (2012) ‘Energy consumption and economic
growth: empirical evidence from Chinese industrial sectors’, Applied Energy.
625) Chandran, V. G. R. and Tang, C. F. (2012) ‘The dynamic links between CO2
emissions, economic growth and coal consumption in China and India’, Applied Energy.
626) Svetlana, M. and Dinusha, D. (2012) ‘Impact of shocks on Australian coal mining’,
Monash Economics Working Paper 37-12, Monash University, Department of
Economics.
627) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Papers 0303, Ruhr-Universitat
Bochum, universitat Dortmund, Universitat Duisburg-Essen.
628) Yemane, W.R. and Kojo, M. (2010) ‘Nuclear energy consumption and economic
growth in nine developed countries’, Energy Economics 32, 550-556.
111
629) Zaman, K., Mushtaq Khan, M. and Ahmad, M. (2013) ‘Factors affecting
commercial energy consumption in Palistan: progress in energy’, Renewable and
Sustainable Energy Reviews 19, 107-135.
630) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
631) Das, A., McFarlane, A.A. and Chowdhury, M. (2013) ‘The dynamics of natural gas
consumption and GDP in Bangladesh’, Renwable and Sustainable Energy Reviews 22,
269-274.
632) Yildirim, E., Aslan, A. and Ozturk, I. (2012) ‘Coal consumption and industrial
production nexus in USA: Cointegration with two unknown structural breaks and
causality approaches’, Renewable and Sustainable Energy Reviews 16, 6123-6127.
633) Shahbaz, M., Abosedra, S. and Sbia, R. (2013) ‘Energy consumption, financial
development and growth: evidence from cointegration with unknown structural breaks in
Lebanon’, MPRA Paper 46580, University Library of Munich, Germany.
Apergis, N., Lyroudi, K. and Vamvakidis, A. (2008) ‘The relationship between FDI and
economic growth: Evidence from transition countries’, Transition Studies Review, 15,
37-51.
by
634) Gohou, G. and Soumare, I. (2012) ‘Does foreign direct investment reduce poverty in
Africa and are there regional differences?’, World Development 40, 75-95.
112
635) Acaravci, A. and Ozturk, I. (2012) ‘Foreign direct investment, export and economic
growth: empirical evidence from new EU countries’, Journal for Economic Forecasting 0,
52-67.
Apergis, N., Loomis, D. and Payne, J. (2010) ‘Are shocks to natural gas consumption
temporary or permanent? Evidence from a panel of U.S. states, Energy Policy 38, 47344736.
by
636) Asian, A. (2011) ‘Does natural gas consumption follow a nonlinear path over time?
Evidence from 50 US states’, Renewable and Sustainable Energy Reviews 15, 44664469.
637) Golpe, A. A., Carmona, M. and Congregado, E. (2012) ‘Persistence in natural gas
consumption in the U.S.: An unobserved component model’, Energy Policy 46, 594-600.
638) Smyth, R. (2012) ‘Are fluctuations in energy variables permanent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Monash Economics Working Papers 04-12, Monash University, Department
of Economics.
639) Smyth, R. (2012) ‘Are fluctuations in energy variables permanent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Applied Energy 104, 371-378.
640) Lean, H. H. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permanent or transitory?, Monash Economics Working papers 05-12, Monash
University, Department of Economics.
641) Meng, M., Payne, J. and Lee, J. (2012) ‘Convergence in per capita energy use
among OECD countries’, Energy Economics.
113
642) Shahbaz, M., Tiwari, A. K. and Khan, S. (2012) ‘Is energy consumption per capita
stationary? Evidence from first and second generation panel unit root tests’, MPRA Paper
41607, University Library of Munich, Germany.
643) Hakan, K. (2012) ‘Are fluctuations in energy consumption transitory or permanent?
Evidence from a panel of East Asia & Pacific countries’, International Journal of Energy
Economics and Policy 2, 92-96.
644) Shahbaz, M., Tiwari, A. K., Ilhan, O. and Farooq, A. (2012) ‘Are fluctuations in
electricity consumption per capita transitory? Evidence from developed and developing
countries’, MPRA Paper 39443, University Library of Munich, Germany.
Apergis, N., Loomis, D. and Payne, J. (2010) ‘Are fluctuations in coal consumption
transitory or permanent? Evidence from a panel of U.S. States’, Applied Energy 87,
2424-2426.
by
645) Asian, A. (2011) ‘Does natural gas consumption follow a nonlinear path over time?
Evidence from 50 US states’, Renewable and Sustainable Energy Reviews 15, 44664469.
646) Kula, F., Asiaqn, A. and Ozturk, I. (2012) ‘Is per capita electricity consumption
stationary? Time series evidence from OECD countries’, Renewable and Sustainable
Energy Reviews 16, 501-503.
647) Smyth, R. (2012) ‘Are fluctuations in energy variables permamnent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Monash Economic Working Paper 04-12, Monash University, Department
of Economics.
114
648) Smyth, R. (2012) ‘Are fluctuations in energy variables permanent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Applied Energy 104, 371-378.
649) Hooi Hooi, L. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permamnent or transitory?’, Monash Economics Working Paper 05-12, Monash
University, Department of Economics.
650) Golpe, A. A., Carmona, M. and Congregado, E. (2012) ‘Persistence in natural gas
consumption in the U.S.: an unobserved component model’, Energy Policy 46, 594-600.
651) Meng, M., Payne, J. and Lee, J. (2012) ‘Convergence in per capita energy use
among OECD countries’, Energy Economics.
652) Shahbaz, M., Tiwari, A. K. and Khan, S. (2012) ‘Is energy consumption per capita
stationary? Evidence from first and second generation panel unit root tests’, MPRA Paper
41607, University Library of Munich, Germany.
653) Kum, H. (2012) ‘Are fluctuations in energy consumption transitory or paermanent?
Evidence from a panel of East Asia & Pacific countries’, International Journal of Energy
Economics and Policy 2, 92-96.
654) Shahbaz, M., Tiwari, A. K., Ilhan, O. and Farooq, A. (2012) ‘Are fluctuations in
electricity consumption per capita transitory? Evidence from developed and developing
economies’, MPRA Paper 39443, University Library of Munich, Germany.
Apergis, N. and Payne, J. (2010), ‘Structural Breaks and Petroleum Consumption in U.S.
States: Are Shocks Transitory or Permanent?’, Energy Policy 38, 6375-6378.
by
115
655) Asian, A. (2011) ‘Does natural gas consumption follow a nonlinear path over time?
Evidence from 50 US states’, Renewable and Sustainable Energy Reviews 15, 44664469.
656) Golpe, A. A., Carmona, M. and Congregado, E. (2012) ‘Persistence in natural gas
consumption in the U.S.: an unobserved component model’, Energy Policy 46, 594-600.
657) Smyth, R. (2012) ‘Are fluctuations in energy variables permamnent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Monash Economic Working Paper 04-12, Monash University, Department
of Economics.
658) Smyth, R. (2012) ‘Are fluctuations in energy variables permanent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Applied Energy 104, 371-378.
659) Lean, H. H. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permamnent or transitory?’, Monash Economics Working Paper 05-12, Monash
University, Department of Economics.
660) Meng, M., Payne, J. and Lee, J. (2012) ‘Convergence in per capita energy use
among OECD countries’, Energy Economics.
661) Dagher, L. and Yacoubian, T. (2012) ‘The causal relationship between energy
consumption and economic growth in Lebanon’, Energy Policy 50, 795-801.
662) Lee, C.C. and Chiu, Y.B. (2011) ‘Oil prices, nuclear energy consumption and
economic growth: new evidence using a heterogeneous panel analysis’, Energy Policy 39,
2111-2120.
116
Apergis, N., E. Panopoulou and C. Tsoumas (2010) ‘Old wine in a new bottle: Growth
convergence dynamics in the EU’, Atlantic Economic Journal 38, 169-181.
by
663) Brida, J. G., Garrido, N. and Mureddu, F. (2011) ‘Italian economic dualism and
convergence clubs at regional level’, Working Paper CRENoS 201116, Centre for North
South Economic Research, University of Cagliari and Sassari, Sardinia.
664) Brida, J. G., Garrido, N. and Mureddu, F. (2012) ‘Club performance dynamics at
Italian regional level’, Working Paper CRENoS 201203, Centre for North South
Economic Research, University of Cagliari and Sassari, Sardinia.
665) Krasnopjorovs, O. (2012) ‘Measuring the sources of economic growth in the EU
with parametric and non-parametric methods’, MPRA Paper 47583, University Library of
Munich, Germany,
666) Krasnopjorovs, O. (2013) ‘Factors of economic growth in Latvia’, MPRA Paper
47550, University Library of Munich, Germany.
667) Cuaresma, J.C., Havettova, M. and Labaj., M. (2013) ‘Income convergence
prospects in Europe: assessing the role of human capital dynamics’, Economic Systems
(in press).
668) Kaitila, V. (2013) ‘Convergence, income distribution, and the economic crisis in
Europe’, ETLA Working Papers 14, The Research Institute of the Finnish Economy.
Apergis, N., K. Lyroudi and A. Sfetsos (2008) ‘Private and Government Consumption in
Transitional Economies: A Panel Data Analysis’, Journal of Economic Development
33, 113-131.
by
117
669) Waqas, M. and Awan, M. S. (2011) ‘Are Pakistani consumers Ricardian?’, MPRA
Paper 35375, University Library of Munich, Germany.
Apergis, N. and Payne, J. (2011) ‘A Dynamic Panel Study of Economic Development
and the Electricity-Consumption-Growth Nexus’, Energy Economics 33, 770-781.
by
670) Galip, A. and Erdal, K. (2005) ‘Electricity consumption and economic growth:
evidence from Turkey’, Energy Economics 27, 849-856.
671) Dedeoglu, D. and Piskin, A. (2012) ‘A dynamic panel study of energy consumptioneconomic growth nexus: evidence from the former Soviet Union countries’, Energy
Policy.
672) Lachman, D. A. (2011) ‘Leapfrog to the future: energy scenarios and strategies for
Suriname to 2050’, Energy Policy 39, 5035-5044.
673) Zhao, H., Yang, L., Li, C. and Ma, X. (2011) ‘Presearch on prediction to investment
demand of power grid based on co-integration theory and error correction model’,
Dianwang Jishu/Power System Technology 35, 193-198.
674) Chang, C. C. and Soruco Carballo, C. F. (2011) ‘Energy conservation and
sustainable economic growth: the case of Latin America and the Carribean’, Energy
Policy 39, 4215-4221.
675) Xioa, Q., Gao, Y., Hu, D., Tan, H. and Wang, T. (2011) ‘Assessment of the
interactions between economic growth and industrial wastewater discharges using cointegration analysis: a case study for China’s human province’, International Journal of
Environmental Research and Public Health 8, 2937-2950.
118
676) Wang, R., Liu, W., Xiao, L., Liu, J. and Kao, W. (2011) ‘Path towards achieving of
China’s 2020 carbon emission reduction target-a discussion of low-carbon energy
policies at province level’, Energy Policy 39, 2740-2747.
677) Romano, A. A. and Scandurra, G. (2011) ‘Dynamics of economic growth and
electricity consumption at regional level: the Italian case’, Energy Systems 2, 143-150.
678) Lee, C. C. and Chiu, Y. B. (2011) ‘Oil prices, nuclear energy consumption, and
economic growth: new evidence using a heterogeneous panel analysis’, Energy Policy 39,
2111-2120.
679) Menegaki, A. N. (2011) ‘Growth and renewable energy in Europe: a random effect
model with evidence for neutrality hypothesis’, Energy Economics 33, 257-263.
680) Fei, L., Dong, S., Xue, L., Liang, Q. and Yang, W. (2011) ‘Energy consumption and
economic growth elationship and carbon dioxide emissions in China’, Energy Policy 39,
568-574.
681) Zaman, K., Khan, M. M., Ahmad, M. and Rustam, R. (2012) ‘Determinants of
electricity consumption function in Pakistan: old wine in a new bottle’, Energy Policy 50,
623-634.
682) Dagher, L. and Yacoubian, T. (2012) ‘The causal relationship between energy
consumption and economic growth in Lebanon’, Energy Policy 50, 795-801.
683) Frauke, D. (2011) ‘Energy consumption and economic growth revisited: structural
breaks and cross-section dependence’, Ruhr Economic Papers 0303, Ruhr-Universitat
Bochum, universitat Dortmund, Universitat Duisburg-Essen.
119
684) Godwin, E. A. and Usenobong, F. A. (2012) ‘Electricity consumption, carbon
emissions and economic growth in Nigeria’, International Journal of Energy Economics
and Policy 2, 292-306.
685) Liddle, B. (2013) ‘Population, affluence, and environmental impact across
development: evidence from panel cointegration modeling’, Environmental Modeling and
Software 40, 255-266.
686) Al-Mulali, U., fereidouni, H.G., Lee, J.Y. and Sab, C.N.B.C. (2013) ‘Examining the
bi-directional long-run relationship between renewable energy consumption and GDP
growth’, Renewable and Sustainable Energy Reviews 22, 209-222.
687) Herzer, D. and Nunnenkamp, P. (2013) ‘Private donations, government grants,
commercial activities, and fundraising: cointegration and causality for NGOs in
international development cooperation’, World Development 46, 234 – 251.
688) Niu, S., Jia, Y., Wang, W., He, R., Hu, L. and Liu, Y. (2013) ‘Electricity
consumption and human development level: a comparative analysis based on panel data
for 50 countries’, International Journal of Electrical Power & Energy Systems 53, 338347.
689) Borozan, D. (2013) ‘Exploring the relationship between energy consumption and
GDP: evidence from Croatia’, Energy Policy 59, 373-381.
Apergis, N., Christou, C. and Miller, S. (2010) ‘Country and industry convergence of
equity markets: international evidence from club convergence and clustering’, Working
Paper, No. 2010-33, University of Connecticut, Department of Economics.
by
690) Dorodnykh, E. (2012) ‘What is the degree of comvergence among developedequity
markets?’, International Journal of Financial Research 3, 2-11.
120
691) Asongu, S. A. (2012) ‘Harmonizing IPRs on software piracy: empirics of
trajectories in Africa’, MPRA Paper 42466, University Library of Munich, Germany.
692) Asongu, S.A. (2012) ‘Harmonizing IPRs on Software Piracy: Empirics of
Trajectories in Africa’, MPRA Paper 42466, University Library of Munich, Germany.
Apergis, N. and Tsoumas, C. (2012) ‘Integration Properties of Disaggregated Solar,
Geothermal and Biomass Energy Consumption in the U.S.’, Energy Policy 39, 54745479.
by
693) Golpe, A. A., Carmona, M. and Congregado, E. (2012) ‘Persistence in natural gas
consumption in the U.S.: an unobserved component model’, Energy Policy 46, 594-600.
694) Smyth, R. (2012) ‘Are fluctuations in energy variables permamnent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Monash Economic Working Paper 04-12, Monash University, Department
of Economics.
695) Smyth, R. (2012) ‘Are fluctuations in energy variables permanent or transitory? A
survey of the literature on the integration properties of energy consumption and
production’, Applied Energy 104, 371-378.
696) Lean, H. H.. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permamnent or transitory?’, Monash Economics Working Paper 05-12, Monash
University, Department of Economics.
697) Lean, H. H. and Smyth, R. (2012) ‘Will policies to promote renewable electricity
generation be effective? Evidence from panel stationarity and unit root tests for 115
121
countries’, Monash Economics Working Papers 15-12, Monash University, Department
of Economics.
698) Meng, M., Payne, J. and Lee, J. (2012) ‘Convergence in per capita energy use
among OECD countries’, Energy Economics.
Apergis, N. and Tsoumas, C. (2012) ‘Long memory and disaggregated energy
consumption: evidence from fossil fuels, coal and electricity retail in the U.S.’, Energy
Economics 34, 1082-1087.
by
699) Meng, M., Payne, J. and Lee, J. (2012) ‘Convergence in per capita energy use
among OECD countries’, Energy Economics.
700) Svetlana, M. and Dharmaratha, D. (2012) ‘Impact of shocks on Australian coal
mining’, Monash Economics Working Papers 37-12, Monash University, Department of
Economics.
701) Lean, H.H. and Smyth, R. (2012) ‘Are fluctuations in production of renewable
energy permanent or transitory?’, Working Paper No. 05-12, Department of Economics,
Monash University.
Apergis, N. and Payne, J. (2012) ‘The electricity consumption-growth nexus: renewable
versus non-renewable electricity in Central America’, Energy Sources, Part B:
Economics, Planning and Policy, 7, 423-431.
by
702) Chang, C. C. (2012) ‘Marine energy consumption, national economic activity, and
greenhouse gas emissions from international shipping’, Energy Policy 41, 843-848.
122
703) Shahbaz, M. and Lean, H. H. (2012) ‘Does financial development increase energy
consumption? The role of industrialization and urbanization in Tunisia’, Energy Policy
40, 473-479.
704) Uddin, G. S., Alam, M. M. and Murad, W. (2011) ‘An empirical study on income
and energy consumtion in Bangladesh’, Energy Studies Review 18.
705) Fang, Y. (2011) ‘Economic welfare impacts from renewable energy consumption:
the China experience’, Renewable and Sustainable Energy Reviews 15, 5120-5128.
706) Yuan, C., Liu, S. and Guo, B. (2011) ‘The relationship among non-fossil energy
consumption, economic growth and coal prices in China’, Proceedings of 2011 IEEE
International Conference on Grey Systems and Intelligent Services, GSIS 11-Joint with
the 15th WOSC International Congress on Cybernetics and Systems, No. 6044146, 339342.
707) Eggoh, J. C., Bangake, C. and Rault, C. (2011) ‘Energy consumption and economic
growth revisited in African countries’, Energy Policy 39, 7408-7421.
708) Belke, A., Dobnik, F. and Dreger, C. (2011) ‘Energy consumption and economic
growth: new insights into the cointegration relatonship’, Energy Economics 33, 782-789.
709) Sadorsky, P. (2011) ‘Trade and energy consumption in the Middle East’, Energy
Economics 33, 739-749.
710) Chia, W. M. (2012) ‘Energy consumption, energy R&D and real GDP in OECD
countries with and without oil reserves’, Energy Economics.
711) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
123
Apergis, N. and Zikos, S. (2003) 'The law of Verdoorn: evidence from Greek
disaggregated manufacturing time series data', Economic and Social Review 34, 87-104.
by
712) Martinho, V. J. and Pereira, D. (2012) ‘What the Keynesian theory said about
Portugal?’, EconStor Preprints 59007, ZBW-German National Library of Economics.
Apergis, N. and Miller, S. (2005) ‘Resurrecting the wealth effect on consumption: further
analysis and extensions’, Working Paper No. 2005-07, Department of Economics,
University of Connecticut.
by
713) Goodness, C., Gupta, A. R. and Modise, M. P. (2012) ‘Do stock prices impact
consumption and interest rates in South Africa? Evidence from a time-varying vector
autoregressive model’, Working Paper No 201224, Department of Economics, University
of Pretoria.
Apergis, N. and Rezitis, A. (2011) ‘Food Price Volatility and Macroeconomic Factors:
Evidence from GARCH and GARCH-X Estimates’, Journal of Agricultural & Applied
Economics 43.
by
714) Saravia-Matus, S. L., Sergio, G. P. and Sebastien, M. (2012) ‘Economics of food
security: selected issues’, Bio-Based and Applied Economics Journal 1.
Apergis, N. and Miller, S. (2007), ‘Consumption Asymmetry and the Stock Market:
Empirical Evidence’, Economics Letters 93, 337-342.
by
715) Goodness, C. A., Gupta, R. and Modise, M. P. (2012) ‘Do stock prices impact
consumption and interest rates in South Africa? Evidence from time-varying vector
124
autoregressive model’, Working Paper No. 201224, Department of Economics,
University of Pretoria.
716) Chen, N. K., Chen, S. S. and Chou, Y. H. (2010) ‘House prices, collateral
constraints, and the asymmetric effect on consumption’, Journal of Housing Economics
19, 26-37.
717) Manson, H. I. and Habibullah, M. S. (2010) ‘Stock market and aggregate
consumption asymmetry: evidence from Malaysia’, Studies in Economics and Finance
27, 19-29.
718) Harrison, B. and Moore, W. (2010) ‘Stock market co-movement in the Caribbean’,
Economic Issues 15, 1-15.
719) Berben, R.P., Bernoth, K. and Mastrogiacomo, M. (2007) ‘Household’s response to
wealth changes: do gains or losses make a difference?’, in Bank for International
Settlements (ed.), Proceedings of the IFC conference on measuring the financial position
of the household sector 1, 145-160.
720) Gupta, R. and Modise, M.P. (2012) ‘South African stock return predictability in the
context data mining: the role of financial variables and international stock returns’,
Economic Modelling 29, 908-916.
Apergis, N. (2003) ‘The inflation-output volatility trade-off: a case where anti-inflation
monetary policy turns out to be successful, a historical assessment’, Journal of Policy
Modeling, 25, 881-892.
by
721) Baghestani, H. (2008) ‘Federal reserve versus private information: who is the best
unemployment rate predictor?, Journal of Policy Modeling 30, 101-110.
125
Apergis, N. and S. Miller (2004) ‘Macroeconomic rationality and Lucas’s Misperceptions
Model: Further Evidence from Panel Data’, Journal of Economics and Business 56,
227-241.
by
722) Cone, T. E. (2008) ‘Optimal information acquisition and monetary policy’, Journal
of Macroeconomics 30, 1370-1389.
723) Agnor, P. R. and Bayraktar, N. (2010) ‘Contracting models of the Phillips curve
empirical estimates for middle-income countries’, Journal of Macroeconomics 32, 555570.
724) Victor, O. (2005) ‘The trade-off between inflation and output: empirical evidence
for Venezuela’, MPRA Paper 41242, University Library of Munich, Germany.
Apergis, N. and Alevizopoulou, E. (2012) ‘The Bank Lending Channel and Monetary
Policy Rules: Evidence from European Banks’, International Advances of Economics
Research 18, 1-14.
by
725) Syden, M. and Asrat, T. (2012) ‘The role of banks in monetary policy transmission
in South Africa’, Working Paper, No. 295, Economic Research Southern Africa.
Apergis, N. and Payne, J. (2012) ‘A global perspective on the renewable energy
consumption-growth nexus’, Energy Sources, Part B: Economics, Planning, and
Policy 7, 314-322.
by
126
726) Zaman, K., Mushtaq Khan, M. and Ahmad, M. (2013) ‘Factors affecting
commercial energy consumption in Palistan: progress in energy’, Renewable and
Sustainable Energy Reviews 19, 107-135.
727) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N. (2011) ‘Characteristics of Inflation in Greece: Mean Spillover Effects among
CPI Components’, Hellenic Observatory LSE, GreeceSE Paper Series, No.43.
by
728) Pagoulatos, G. and Zahariadis, N. (2011) ‘Politics, labor, regulation, and
performance: lessons from the privatization of OTE’, Hellenic Observatory LSE,
GreeceSE Paper Series, No. 46.
729) Monokroussos, P. and Thomakos, D. D. (2012) ‘Can Greece be saved? Current
account, fiscal imbalances and competitiveness’, Hellenic Observatory LSE, GreeceSE
Paper Series, No. 59.
730) Voskeritsian, H. and Kornelakis, A. (2011) ‘Institutional change in Greek industrial
relations in an era of of fiscal crisis’, Hellenic Observatory LSE, GreeceSE Paper Series,
No. 52.
731) Lyrintzis, C. (2011) ‘Greek politics in the era of economic crisis: reassessing causes
and effects’, Hellenic Observatory LSE, GreeceSE Paper Series, No. 45.
732) Caraveli, H. and Tsionals, E. G. (2012) ‘Economic restructuring, crises and the
regions: the political economy of regional inequalities in Greece’, Hellenic Observatory
LSE, GreeceSE Paper Series, No. 61.
127
733) Alogoskoufis, G. (2012) ‘Greece’s sovereign debt crisis: retrospect and prospect’,
Hellenic Observatory LSE, GreeceSE Paper Series, No. 54.
734) Monastiriotis, V. and Jordaan, J. A. (2011) ‘Regional distribution and spatial impact
of FDI in Greece: evidence from firm-level data’, Hellenic Observatory LSE, GreeceSE
Paper Series, No. 44.
735) Valinakis, Y. (2012) ‘Greece’s European making’, Hellenic Observatory LSE,
GreeceSE Paper Series, No. 63.
736) Kosmidis, S. (2013) ‘Government constraints and economic voting in Greece’,
Hellenic Observatory Papers on Greece and Southeast Europe, No. 70, Hellenic
Observatory at LSE.
Apergis, N. (2005) ‘The natural rate of unemployment in Greece’, Journal of Policy
Modeling.
by
737) Papapetrou, E. and Bakas, D. (2012) ‘Unemployment in Greece: evidence from
Greek regions’, Working Paper No. 146, Bank of Greece.
Apergis, N. and S. Miller (2005) ‘`: any asymmetric effects? Evidence from conditional
measures of volatility’, Journal of Economic Studies 32, 511-523.
by
738) Floros, C. (2010) ‘The impact of the Athens Olympic Games on the Athens Stock
Exchange’, Journal of Economic Studies 37, 647-657.
739) Hatemi-J., A. (2013) ‘A new asymmetric GARCH model: testing, estimation and
application’, MPRA paper 45170, University Library of Munich, Germany.
128
Apergis, N. and A. Rezitis (2001) 'Asymmetric cross-market volatility spillovers:
Evidence from intra-day data on equity and foreign exchange markets', Manchester
School of Economics 69, 81-96.
by
740) Prabhath, J. and Tsui, A.K. (2008) ‘Exchange rate exposure of sectoral returns and
volatilities: evidence from Japanese industrial sectors’, Japan and the World Economy 20,
639-668.
741) Stefanescu, R. and Dumitriu, R. (2013) ‘Impact of the foreign exchange rates
fluctuations on returns and volatility of the Bucharest Stock Exchange’, MPRA Paper
47229, University Library of Munich, Germany.
742) Milunovich, George and Thorp, S. (2006) ‘Valuing volatility spillovers’, Global
Finance Journal 17, 1-22.
Apergis, N. (2003) ‘Housing prices and macroeconomic factors: prospects within the
European Monetary Union’, International Real Estate Review 6, 47-63.
by
743) Katrakilidis, C. and Trachanas, E. (2012) ‘What drives housing price dynamics in
Greece: new evidence from asymmetric ARDL cointegration’, Economic Modelling 29,
1064-1069.
Apergis, N. and Payne, J.E. (2010) ‘Structural breaks and petroleum consumption in US
states: are shocks transitory or permanent?’, Energy Policy 38, 6375-6378.
by
744) Belbute, J. (2013) ‘Does final demand for energy in Portugal exhibit long
memory?’, MPRA Paper 45717, University Library of Munich, Germany.
129
Apergis, N. and Sorros, J. (2010) ‘Disaggregated Earnings and Stock Prices: Evidence
from International Listed Shipping Firms’, International Advances of Economics
Research.
by
745) Satta, G., Parola, F., Ferrari, C. and Persico, L. (2013) ‘Linking growth to
performance: insights from shipping line groups’, Economics and Logistics 15, 349-373.
Apergis, N. and Payne, J. (2012) ‘Another look at the electricity consumption-growth
nexus in South America’, Energy Sources, Part B: Economics, Planning, and Policy 8,
171-178.
by
746) Pao, H.T. and Fu, H.C. (2013) ‘The causal relationship between energy resources
and economic growth in Brazil’, Energy Policy 61, 793-801.
Apergis, N., Christou, C. and Miller, S. (2012) ‘Convergence patterns in financial
development: evidence from club convergence’, Empirical Economics 43, 1011-1040.
by
747) Heckelman, J.C. and Mazumder, S. (September 2013) ‘Are we there yet? On the
convergence of financial reforms’, Economics of Governance.
Apergis, N. and Alevizopoulou, E. (2011) ‘Bank efficiency: evidence from a panel of
European banks’, Panoeconomicus 58, 329-341.
by
748) Fang, H., Lu, Y.C. and Su, C.W. (2013) ‘Impact of the Subprime Crisis on
Commercial Bank’s Financial Performance’, Panoeconomicus 60, 593-614.
130
Apergis, N., Mamatzakis, E. and Staikouras, C. (2011) ‘Testing for Regime Changes in
Greek Sovereign Debt Crisis’, International Advances in Economic Research 17, 258273.
by
749) Sibbertsen, P., Wegener, C. and Basse, T. (2013) ‘Testing for a Break in the
Persistence
in
Yield
Spreads
of
EMU
Government
Bonds’,
Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität
Hannover dp-517, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
CONFERENCE PRESENTATIONS
1. ‘Monetary Policy and Eurocurrency Yields. The Exchange Rate Link’ European
Financial Management, Maastricht, Netherlands, 1994.
2. ‘Stock Prices and Inflation Volatility: Evidence from an ARCH Model’,
40th Atlantic Economic Conference in Virginia, U.S.A., 1995.
3. ‘Monetary Volatility, Real Volatility and Real Exchange Rates:
Evidence
from GARCH Estimates and Variance Decomposition Tests’, 41st Atlantic Conference
Meetings, Paris, 1996.
4. ‘Integration of International Capital Markets: Further Evidence from EMS
and
Non-EMS Membership’, European Financial Management Association, Insbrung,
Austria, 1996.
5. ‘Money, Output and Alternative Exchange Rate Regimes: The Case
of
Greece’, 42nd Atlantic Conference Meetings in Washington, 1996.
6. ‘Monetary Policy Shocks and Long-Term Interest Rates: The European Experience’,
American Economic Association (ASSA), New Orleans, January 4-6, 1997.
131
7. ‘Stock Price Volatility and Exchange Rate Volatility Greece:
a version of the “Heat Waves” and the “Meteor
Evidence from
Showers” Hypotheses’, 43rd
Atlantic Conference Meetings, London, 1997.
8. ‘Daily Patterns in Greek Foreign Exchange Market’, Multinational Finance Society,
Thessaloniki, Greece 1997.
9. ‘Macroeconomic Rationality: Evidence from Time Series’, Atlantic Economic
Association, Rome, 1998.
10. ‘Current Account Sustainability: The Case for Greece’, Αtlantic Economic
Association, Rome, 1998.
11. ‘Long memory patterns in the foreign exchange market‘, Αtlantic Economic
Association, Vienna, 1999.
12. ‘Exchange rate volatility and inward foreign direct investment in Greece: the
prospects of EMU membership‘, Αtlantic Economic Association, Munich, 2000.
13. ‘Mean spillover effects in agricultural prices: evidence from changes in policy
regimes‘, Αtlantic Economic Association, Athens , 2001.
14. ‘An estimation of the natural rate of unemployment in Greece‘,Αtlantic
Economic Association, Paris, 2002.
15. ‘Agricultural price volatility spillover effects: the case of Greece’, Irish Economic
Association, Mallinbrau, Ιreland, 2002.
16. ‘The Employment–Wage Relationship: Was Keynes right after all?’, Αtlantic
Economic Association, Vienna, 2003.
132
17. ‘The Relationship Between Foreign Direct Investment and Economic Growth:
Evidence from Panel Data in Transition Economies‘, Αtlantic Economic Association,
Lisbon, 2004.
18. ‘Consumption and budget deficits in transitional economies: does the Ricardian
Equivalence hold? Evidence from panel data’, Paper presented in Macroeconomics
and International Finance Conference, Rethymnon, Criti, 2004.
19. ‘Consumption and Budget Deficits: Neural Networks vs. Parametric Models’,
Atlantic Economic Association Conference, London, 2005.
20. ‘Dynamic Linkages between FDI Inflows and Domestic Investment: A Panel
Cointegration Approach’, Atlantic Economic Association Conference, London, 2005.
21. Dynamic Linkages between Inward and Outward FDI and Growth. A Panel
Cointegration Approach, Atlantic Economic Association Conference, London, 2005.
22. ‘Consumption and Budget Deficits: Neural Networks vs. Parametric Models’, Paper
presented in the Atlantic Economic Association Conference, London, March 2005.
25. ‘Labor productivity, innovation and technological diffusion linkages: evidence from a
panel of EU industries’, Paper presented in the Atlantic Economic Association
Conference, Berlin, March 2006.
26. ‘Financial Development and Sectoral Growth: Evidence from Panel Data’, (coauthored with Dr. A. Antzoulatos and C. Tsoumas), Paper presented in the Atlantic
Economic Association Conference, Madrid, 2007.
27. ‘Financial Development and Sectoral Growth: Evidence from Panel Data’, (coauthored with Dr. A. Antzoulatos and C. Tsoumas), Paper presented in the Εuropean
Economic Association Conference, Budapest, 2007.
133
28. ‘Old Wine in a New Bottle: Are Financial Variables Omitted Variables in the
Production Function?, Paper presented in the Academy of Economics and Finance
Conference, Nashville, US, 2008.
29. ‘Old wine in a new bottle: Growth convergence dynamics in the EU (co-authored
with Dr. K. Panopoulou and Dr. C. Tsoumas), Paper presented in the Atlantic
Economic Association Conference, Warsaw 2008.
30. ‘Bank Profitability over Different Business Cycles Regimes: Evidence from Panel
Threshold Models’, Paper presented in the Western Economic Association
Conference, Honolulu, 2008.
31. ‘Convergence in Earnings-Price Ratios: International Evidence from Club
Convergence’ (co-authored with Prof. C. Christou), Paper presented in the Atlantic
Economic Association Conference, Rome 2009.
32. ‘Credit Default Swaps and Stock Prices: Further Evidence of Mean and Volatility
Transmission using a GARCH-M Model΄ (co-authored with Dr. A. Lake), Paper
presented at the All Economists Conference (ACE) in City University of Hong Kong,
Hong Kong, 2009.
33. ‘Convergence Patterns in Equity Markets: International Evidence from the Club
Convergence and Clustering Procedure’ (co-authored with Prof. C. Christou), Paper
presented at the Business & Economics Society International, Nassau, Bahamas,
2010.
34. ‘Asset Pricing and Foreign Exchange Risk’ (co-authored with Prof. P. Artikis and
Prof. J. Sorros), Paper presented at the 37th Academy of Economics and Finance
conference, Houston, 2010.
134
35. ‘Political or Institutional Factors in Explaining Convergence Patterns in Equity
Markets? International Evidence from the Club Convergence and Clustering Procedure’
(co-authored with Prof. C. Christou), Paper presented at the 1st World Finance
Conference organized by the School of Business Studies, Polytechnic Institute of
Viana do Castelo, May 2010.
36. ‘Convergence Patterns in Growth and Financial Development: Evidence from Club
Convergence’ (co-authored with Prof. C. Christou and Prof. S. Miller), Paper presented
in the Atlantic Economic Association Conference, Prague 2010.
37. ‘Incentives and Female Entrepreneurial Activity: Evidence from Panel Firm Level
Data’ (co-authored with Prof. Vicky Pekka-Economou), Paper presented in the
Atlantic Economic Association Conference, Prague 2010.
38. ‘The Dynamics of Greek Inflation’, Paper presented in the European Asian
Economics, Finance & Accounting and Econometric Association, Beijing, 2010.
39. ‘Profitability Performance and the Role of Manufacturing Cost: Evidence from a
Panel of US Manufacturing Firms’, Paper presented in the Business and Social
Science Research Conference, Dubai, UAE, January 2011.
40. ‘Profitability Performance and the Role of Manufacturing Cost: Evidence from a
Panel of US Manufacturing Firms’, Paper presented in the Academy of Economics
and Finance Conference, Jacksonville, Florida, February 2011.
41. ‘Long Memory in U.S. Coal Consumption: Evidence from U.S. Sectoral Data’, Paper
presented in the Atlantic Economic Association Conference, Athens, 2011.
42. ‘The Bank Lending Channel and Monetary Rules’, Paper presented in the Atlantic
Economic Association Conference, Athens, 2011.
43. ‘Financial Crisis and the Real Estate Market in Greece: The Impact on Bank Stock
Prices’, Paper presented in the 2nd World Financial Conference, Rhodes, 2011.
135
44. ‘Credit Risk: The Role of Market and Accounting Information-Evidence from U.S.
Firms and a FAVAR Model’, Paper presented in the Atlantic Economic Conference,
Istanbul, 2012.
45. ‘The Bank Lending Channel and Monetary Rules: Further Extensions’, Paper
presented at the Global ISTF Conference, Singapore 2012.
46. ‘The Australian Dollar and Gold Prices’ Paper presented at the Canadian
Economic Association meetings, Calgary, 2012.
47. ‘Forecasting the Australian Dollar with Gold Prices’ Paper presented at the
European Asian Economics, Finance & Accounting, and Econometrics Association
meetings, Taipei, 2012.
48. ‘The Bank Lending Channel and Monetary Policy Rules: Further Extensions’, Paper
presented at the Turkish Economic Association meetings, Cesme, 2012.
49. ‘The Bank Lending Channel and Monetary Policy Rules: The Case of the Zero Lower
Bound’, Paper presented at the Western Economic Association meetings, Tokyo,
2013.
50. ‘Renewable Energy Consumption and Institutional Factors: Evidence from a Group
of European, Asian and Latin American Countries’, Paper presented at the Western
Economic Association meetings, Tokyo, 2013.
51. ‘The Relationship between International Financial Reporting Standards, Carbon
Emissions, and R&D Expenditures: Evidence from European Manufacturing Firms’,
Keynote Speech at the 6th Accounting and Finance Forum, Thailand, 2013.
52. ‘Precious metals, stocks, and the macroeconomic environment: a FAVAR model
approach’, World Finance Conference, Limassol, Cyprus, 2013.
136
53. ‘Renewable energy consumption, political and institutional factors: evidence from a
group of European, Asian and Latin American countries’, B&ESI meetings, Monte
Carlo, Monaco, 2013.
EDITORIAL ACTIVITIES
-
Editor of International Journal of Economic Research
-
Editor-in-Chief of International Journal of Financial Analysis
-
Managing Editor of the Journal of World Economic Review
-
Associate Editor of the Journal of Economics and Finance (Academy of
Economics and Finance)
-
Associate Editor of Open Economics Journal.
-
Member of the Editorial Board of International Advances of Economic Research
(Atlantic Economic Association)
-
Member of the Editorail Board of Energy Economics
-
Member of the Editorial Board of The Open Economics Journal (Bentham
Science Publishers)
-
Member of the Editorial Board of International Journal of Economic Sciences and
Applied Research
-
Member of the Editorial Committee of AESTIMATIO, the IEB International
Journal of Finance
-
Member of the Editorial Board of the International Journal of Finance & Banking
Studies
-
Member of the Editorial Board of the International Journal of Energy
Optimization and Engineering
-
Member of the Editorial Board of the Asian Journal of Management Science
-
Member of the International Editorial Board of International Journal of
Sustainable Economies Management
-
Member of the International Editorial Board of the China-ASEAN Integration and
Trade Journal
-
Member of the International Editorial Board of OECONOMICA
137
-
Member of the International Editorial Board of the Economic Research Guardian
-
Member of the Editorial Board of the Journal of Agricultural Economics
-
Member of the Editorial Board of the China-ASEAN Integration and Trade
Journal
-
Member of the Editorial Board of International Journal of Academic Research in
Accounting, Finance and Management Sciences
-
Member of the Editorial Board of Research in Applied Economics
-
Member of the Editorial Board of the International Journal of Energy Economics
and Policy
-
Member of the Editorial Board of the International Journal of Economics and
Financial Issues
-
Member of the Editorial Board of Practical Ideas in Economics and Finance
-
Member of the Editorial Board of Frontier in Finance & Accounting (FFA)
-
Member of Scientific Committee of the Review of Economic Sciences (in Greek)
REFEREEING ACTIVITIES:
Journal of Policy Modeling
European Economic Review
Journal of Macroeconomics
Applied Economics
Applied Financial Economics
Atlantic Economic Journal
International Advances of Economic Research
China-ASEAN Integration and Trade Journal
International Economic Review
International Economic Journal
Global Economy Journal
Journal of International Money and Finance
Energy Economics
Applied Energy
Energy Policy
138
PROFESSIONAL EXPERIENCE
Board of Trustees-University of Piraeus (October 2012-Today)
Independent Corporation of Energy Distribution: March 2012-Today, Member of the
Board.
Chairman, Department of Banking and Financial Management, University of Piraeus,
Greece (September 2008-Today)
Head of the Graduate Program, Department of Banking & Financial Management,
University of Piraeus, Greece (September 2008-Today)
Chairman, Department of International Economics, University of Macedonia (September
2003-August 2005)
Hellenic Stock Exchange Group), SA (Athens Stock Exchange): November 2003-June
2006, Member of the Board.
Chairman, Department of Economics, University of Ioannina (Αugust 1999-Αpril 2002)
Vice-Chairman, Department of Banking & Financial Management, University of Piraeus
(September 2007-August 2009)
Head of the Graduate Program, Department of Banking & Financial Management,
University of Piraeus (September 2008-Today)
Scientific Coordinator of the E-Learning Program, Department of Banking & Financial
Management, University of Piraeus (June 2008-Today)
139
Chairman, Department of Banking & Financial Management, University of Piraeus
(September 2009-Today)
PROFESSIONAL SOCIETY MEMBERSHIPS AND OTHER ACTIVITIES
American Economic Association
Atlantic Economic Association
European Economic Association
Academy of Economics and Finance
Greek Financial Association
Founder of the European-Asian Economics and Finance Association
REFERENCES
Dr. Parantap Basu, Professor of Economics, Department of Economics and Finance,
Durham University, Durham, UK, E-mail: [email protected], Phone: +44
(191) 3346360.
Dr. Yiannis Georgellis, Professor of Economics, Department of Economics, Kingston
University, London, UK, E-mail: [email protected], Phone: +44 (208) 5472000.
Dr. Steve Johnson, Assistant Professor of Financial Accounting, Department of General
Business and Finance, Sam Houston State University, Huntsville, TX, USA, E-mail:
[email protected], Phone: (936) 294-4582.
Dr. George Karras, Professor of Economics, Department of Economics, University of
Illinois at Chicago, Chicago, USA, E-mail: [email protected], Phone: (312) 996-2321.
Dr. Stephen Miller, Professor of Economics, Department of Economics, University of
Nevada Las Vegas, Las Vegas, USA, E-mail: [email protected], Phone: (702)
895-3969.
Dr. James Payne, Provost and Professor of Economics, Department of Economics and
Finance, University of New Orleans, LA, USA, E-mail: [email protected], Phone: (504)
280-6485.
140
Dr. George Zestos, Professor of Economics, Department of Economics, Christopher
Newport University, Newportnews VA, USA. E-mail: [email protected], Phone: (757)
594-7067.