The nexus of electricity consumption and economic growth in gulf cooperation council economies: evidence from non-stationary panel data methods
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Dosyalar
Tarih
2019
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
TAYLOR & FRANCIS LTD
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper investigates the electricity-growth nexus of Gulf Cooperation Council (GCC) member countries from 1980 to 2014. To achieve the goal of this research, both panel cointegration and causality approaches are utilised to examine the long-term and causal relationships between variables. Empirical results confirm the presence of cointegration between variables. Moreover, this study finds that electricity consumption affects the long-term economic growth. Given that GCC member countries are energy-dependent economies, policies that aim to conserve energy consumption may jeopardise economic growth.
Açıklama
WOS: 000457020400005
Anahtar Kelimeler
Electricity Consumption, Economic Growth, Gulf Cooperation Council
Kaynak
Geosystem Engıneerıng
WoS Q Değeri
N/A
Scopus Q Değeri
Q3
Cilt
22
Sayı
1
