ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES
In many studies analyzing the relationshipbetween energy production or energy consumption, and economic growth; unilateralor bilateral causality relationship and mostly a cointegration relationship arediscovered. Although quite a lot of studies about energy consumption andeconomic growth relationshi...
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| Format: | Article |
| Language: | English |
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Sivas Cumhuriyet Üniversitesi
2019-11-01
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| Series: | Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi |
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| Online Access: | https://dergipark.org.tr/tr/download/article-file/867043 |
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| _version_ | 1832570674269388800 |
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| author | Adem Üzümcü Ülker Çam Karakaş Adem Karakaş |
| author_facet | Adem Üzümcü Ülker Çam Karakaş Adem Karakaş |
| author_sort | Adem Üzümcü |
| collection | DOAJ |
| description | In many studies analyzing the relationshipbetween energy production or energy consumption, and economic growth; unilateralor bilateral causality relationship and mostly a cointegration relationship arediscovered. Although quite a lot of studies about energy consumption andeconomic growth relationship have been done in the literature without making a distinctionbetween energy importer and energy exporter countries; the number of studiesthat analysis the relationship between the change in energy import of netenergy importer countries and economic growth is quite small. In this study, the relationship between thechange in energy import and economic growth within the context of energyconsumption in the sample of 23 net energy importer developed and developingcountries has been tested with this purpose by using Pedroni (1999, 2004) panelcointegration test and Granger causality analysis. In the conclusion of thestudy, the findings that a change in energy import increases economic growth ina way that supports growth hypothesis, and the existence of bilateral causalitybetween two variables in a way that confirms feedback hypothesis have beenobtained. |
| format | Article |
| id | doaj-art-3bc6f3b7ff924059a365b0b9e77aba4f |
| institution | Kabale University |
| issn | 1303-1279 |
| language | English |
| publishDate | 2019-11-01 |
| publisher | Sivas Cumhuriyet Üniversitesi |
| record_format | Article |
| series | Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi |
| spelling | doaj-art-3bc6f3b7ff924059a365b0b9e77aba4f2025-02-02T14:33:37ZengSivas Cumhuriyet ÜniversitesiCumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi1303-12792019-11-012023173342057ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIESAdem Üzümcü0Ülker Çam Karakaş1Adem Karakaş2KAFKAS ÜNİVERSİTESİCUMHURİYET ÜNİVERSİTESİADNAN MENDERES ÜNİVERSİTESİIn many studies analyzing the relationshipbetween energy production or energy consumption, and economic growth; unilateralor bilateral causality relationship and mostly a cointegration relationship arediscovered. Although quite a lot of studies about energy consumption andeconomic growth relationship have been done in the literature without making a distinctionbetween energy importer and energy exporter countries; the number of studiesthat analysis the relationship between the change in energy import of netenergy importer countries and economic growth is quite small. In this study, the relationship between thechange in energy import and economic growth within the context of energyconsumption in the sample of 23 net energy importer developed and developingcountries has been tested with this purpose by using Pedroni (1999, 2004) panelcointegration test and Granger causality analysis. In the conclusion of thestudy, the findings that a change in energy import increases economic growth ina way that supports growth hypothesis, and the existence of bilateral causalitybetween two variables in a way that confirms feedback hypothesis have beenobtained.https://dergipark.org.tr/tr/download/article-file/867043energy importeconomic growthpanel cointegration |
| spellingShingle | Adem Üzümcü Ülker Çam Karakaş Adem Karakaş ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi energy import economic growth panel cointegration |
| title | ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES |
| title_full | ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES |
| title_fullStr | ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES |
| title_full_unstemmed | ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES |
| title_short | ENERGY IMPORT AND ECONOMIC GROWTH: AN ANALYSIS ON SOME ENERGY IMPORTER COUNTRIES |
| title_sort | energy import and economic growth an analysis on some energy importer countries |
| topic | energy import economic growth panel cointegration |
| url | https://dergipark.org.tr/tr/download/article-file/867043 |
| work_keys_str_mv | AT ademuzumcu energyimportandeconomicgrowthananalysisonsomeenergyimportercountries AT ulkercamkarakas energyimportandeconomicgrowthananalysisonsomeenergyimportercountries AT ademkarakas energyimportandeconomicgrowthananalysisonsomeenergyimportercountries |