Analysis of Relationship between Economic Growth and Energy Consumption in Developed Countries

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dc.contributor.authorUçan, Okyay
dc.contributor.authorBudak, Hilal
dc.contributor.authorAktekin, E. Dilara
dc.date.accessioned2024-11-07T10:40:19Z
dc.date.available2024-11-07T10:40:19Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractThis study examined the relationship between economic growth and energy consumption in the period 1986–2015 for 15 selected developed countries. In this study, in which the dynamic panel analysis method was used, cross-section dependence and homogeneity tests were taken into account. Accordingly, unit root and cointegration tests were decided. According to the cointegration test results, it has been determined that there is a long-term relationship between economic growth and energy consumption. The results obtained from the Dumitrescu-Hurlin causality test analysis show that there is a bidirectional causality relationship. As a result of the analysis, it has been concluded that economic growth and energy consumption are the causes of each other for the period of 1986–2015 in 15 selected developed countries. © Authors retain all copyrights.
dc.identifier.doi10.28991/HEF-2022-03-01-06
dc.identifier.endpage89
dc.identifier.issn2785-2997
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85137293563
dc.identifier.scopusqualityN/A
dc.identifier.startpage82
dc.identifier.urihttps://doi.org/10.28991/HEF-2022-03-01-06
dc.identifier.urihttps://hdl.handle.net/11480/11576
dc.identifier.volume3
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherItal Publication
dc.relation.ispartofJournal of Human, Earth, and Future
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241106
dc.subjectEconomic Growth
dc.subjectEnergy Consumption
dc.subjectPanel Data Analysis
dc.titleAnalysis of Relationship between Economic Growth and Energy Consumption in Developed Countries
dc.typeArticle

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