Panel Data Analysis in the Energy-Growth Nexus (EGN)
Abstract
One of the most popular econometric tools in analyzing the EGN is panel data econometrics. Some constraints that occur in the nature of energy economics support and encourage the researchers in this field to employ panel data methodologies rather than others. However, there are too many panel approaches to be utilized and statistical failures to be solved. Thus, research may get stuck in a confusing atmosphere in terms of investigating the correct diagnostics, following the right analysis sequence, selecting the appropriate estimating methodology, and interpreting the results. Under such a framework, this chapter aims to shed ...
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