A literature survey on energy-growth nexus

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901;
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:10Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:10Z
dc.date.issued2010
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000273081700035en_US
dc.description.abstractThis paper provides a survey of the recent progress in the literature of energy consumption-economic growth and electricity consumption-economic growth causality nexus. The survey highlights that most empirical studies focus on either testing the role of energy (electricity) in stimulating economic growth or examining the direction of causality between these two variables. Although the positive role of energy on growth has become a stylized fact, there are some methodological reservations about the results from these empirical studies. A general observation from these studies is that the literature produced conflicting results and there is no consensus neither on the existence nor on the direction of causality between energy consumption (electricity consumption) and economic growth. As a policy implication, to avoid from conflicting and unreliable results, the authors may use the autoregressive distributed lags bounds test, two-regime threshold co-integration models, panel data approach and multivariate models including new variables (such as: real gross fixed capital formation, labor force, carbon dioxide emissions, population, exchange rates, interest rates, etc.). Thus, the authors should focus more on the new approaches and perspectives rather than by employing usual methods based on a set of common variables for different countries and different intervals of time.en_US
dc.identifier.doi10.1016/j.enpol.2009.09.024
dc.identifier.endpage349en_US
dc.identifier.issn0301-4215
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-71949129752
dc.identifier.scopusqualityQ1
dc.identifier.startpage340en_US
dc.identifier.urihttps://doi.org/10.1016/j.enpol.2009.09.024
dc.identifier.urihttps://hdl.handle.net/20.500.12507/655
dc.identifier.volume38en_US
dc.identifier.wosWOS:000273081700035
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherELSEVIER SCI LTDen_US
dc.relation.ispartofEnergy Polıcy
dc.relation.publicationcategoryDiğeren_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectEnergy Consumptionen_US
dc.subjectElectricity Consumptionen_US
dc.subjectEconomic Growthen_US
dc.titleA literature survey on energy-growth nexus
dc.typeReview Article

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