The link between energy consumption and economic growth in gulf cooperation council countries
Yükleniyor...
Dosyalar
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The purpose of this research article is to provide the fresh evidence on the link between energy consumption (ENE) and economic growth (GDP) while
controlling for the impact of CO2 emissions (CO) in the case of Gulf Cooperation Council (GCC) countries. To conduct the empirical study we have
employed the panel VAR methodology in the period 1980-2014. The results suggest that economic growth increases the ENE. However, the negative
link between CO2 emissions and economic growth is reported, implying the great awareness of the GCC countries on the environmental problems
connected with the fossil fuels based energy. Thus, there is a serious incentive in these countries to deal with the potential environmental issues. One
of the good alternatives is renewable energy. In addition, the increase in the energy efficiency is considered to be an important task in the future.
Açıklama
Anahtar Kelimeler
Economic Growth, Energy Consumption, Gulf Cooperation Council
Kaynak
International Journal of Energy Economics and Policy
WoS Q DeÄŸeri
Scopus Q DeÄŸeri
Cilt
9
Sayı
5
Künye
Satrovic, Elma, Muslija, Adnan.The link between energy consumption and economic growth in gulf cooperation council countries. International Journal of Energy Economics and Policy, 2019, 9(5), 38-45.
