Energy consumption and economic growth in OECD countries

dc.contributor.authorAykaç Alp, Elçin
dc.date.accessioned2020-11-21T15:54:29Z
dc.date.available2020-11-21T15:54:29Z
dc.date.issued2016en_US
dc.departmentİstanbul Ticaret Üniversitesien_US
dc.description.abstractEnergy consumption is analyzed economically in many ways especially in energy economics literature. The influence on the basis of this analysis shows the effects of environmental factors and energy-based economic crisis to the growth of the country. The main reason that is pushing countries to identify effective energy policies, and it is necessary to predict what will be the impact of these policies on economic growth. The aim of this study is to analyze the causal relationship between growth and energy consumption in Organization for Economic Co-operation and Development (OECD) countries during the period of 1980-2012. In this study, 4 basic hypotheses, the neutrality hypothesis, the growth hypothesis, the conservation hypothesis, the feedback hypothesis will be tested from the obtained International Energy Statistics of 23 OECD countries. The test of causality is made with Granger causality analysis. Also vector autoregressive models and Johansen co-integration analysis are used by the relevance of the data. From those analyses of 23 OECD countries, 11 neutrality, 4 conservation, and 6 growth hypothesis is found to be valid for the period of 1980-2012. © 2016, Econjournals. All rights reserved.en_US
dc.identifier.endpage759en_US
dc.identifier.issn2146-4553
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-84992313081en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage753en_US
dc.identifier.urihttps://hdl.handle.net/11467/3840
dc.identifier.volume6en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherEconjournalsen_US
dc.relation.ispartofInternational Journal of Energy Economics and Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic growthen_US
dc.subjectEnergy consumptionen_US
dc.subjectEnergy policyen_US
dc.titleEnergy consumption and economic growth in OECD countriesen_US
dc.typeArticleen_US

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