Advanced Search

Show simple item record

dc.contributor.authorSbia, Rashid
dc.contributor.authorShahbaz, Muhammad
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:54Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:54Z
dc.date.issued2017
dc.identifier.issn1331-677X
dc.identifier.issn1848-9664
dc.identifier.urihttps://doi.org/10.1080/1331677X.2017.1305792
dc.identifier.urihttps://hdl.handle.net/20.500.12507/523
dc.descriptionWOS: 000400784400001en_US
dc.description.abstractThis study aims to explore the relationship between economic growth, urbanisation, financial development and electricity consumption in United Arab Emirates for the period 1975-2011. The ARDL bounds testing approach is employed to examine the long-run relationship between the variables in the presence of structural breaks. The VECM Granger causality is applied to investigate the direction of causal relationships between the variables. Our empirical exercise validated the cointegration between the series in the case of United Arab Emirates. Further, results reveal that an inverted U-shaped relationship is found between economic growth and electricity consumption. Financial development adds in electricity consumption. The relationship between urbanisation and electricity consumption is also an inverted U-shaped. This implies that urbanisation increases electricity consumption initially and, after a threshold level of urbanisation, electricity demand falls. The causality analysis finds feedback hypothesis between economic growth and electricity consumption, i.e. economic growth and electricity consumption are interdependent. The bidirectional causality is found between financial development and electricity consumption. Economic growth and urbanisation Granger cause each other. The feedback hypothesis is also found between urbanisation and financial development, financial development and economic growth, and the same is true for electricity consumption and urbanisation.en_US
dc.language.isoengen_US
dc.publisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTDen_US
dc.relation.isversionof10.1080/1331677X.2017.1305792en_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEconomic Growthen_US
dc.subjecturbanisationen_US
dc.subjectElectricity Consumptionen_US
dc.subjectFinancial Developmenten_US
dc.subjectUAEen_US
dc.titleEconomic growth, financial development, urbanisation and electricity consumption nexus in UAEen_US
dc.typearticleen_US
dc.relation.journalEconomıc Research-Ekonomska Istrazıvanjaen_US
dc.contributor.departmentMeslek Yüksekokuluen_US
dc.contributor.authorIDOzturk, Ilhan -- 0000-0002-6521-0901en_US
dc.identifier.volume30en_US
dc.identifier.issue1en_US
dc.identifier.startpage527en_US
dc.identifier.endpage549en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record