The role of financial systems in energy demand: A comparison of developedand developing countries
Yükleniyor...
Tarih
2021
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Cell Press
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study investigates the role of the financial system in energy demand in the cases of developed and developing countries. Time-series analyses are carried out using the annual data period from 2000 to 2015. Results indicate that the financial system and financial markets are long-term catalysts for energy consumption in both groups under consideration. Results show that domestic credits by banks positively impact energy demand in developing countries, while this is money supply impacting positively on energy demand in the case of developed nations.The results of this study reveal important policy implications
Açıklama
Anahtar Kelimeler
Financial systems, Energy demand, Trade volume, FDI, ARDL, Developed countries, Developing countries
Kaynak
Heliyon
WoS Q Değeri
Q2
Scopus Q Değeri
N/A
Cilt
7
Sayı
6
