The link between energy consumption and economic growth in gulf cooperation council countries

dc.authoridhttps://orcid.org/0000-0002-8000-5543
dc.contributor.authorSatrovic, Elma
dc.contributor.authorMuslija, Adnan
dc.date.accessioned2019-11-28T08:05:00Z
dc.date.available2019-11-28T08:05:00Z
dc.date.issued2019en_US
dc.departmentİktisadi ve İdari Bilimler Fakültesien_US
dc.description.abstractThe 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.en_US
dc.identifier.citationSatrovic, 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.en_US
dc.identifier.doi10.32479/ijeep.7872
dc.identifier.endpage45en_US
dc.identifier.issn2146-4553
dc.identifier.issue5en_US
dc.identifier.startpage38en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12507/1214
dc.identifier.volume9en_US
dc.language.isoen
dc.relation.ispartofInternational Journal of Energy Economics and Policy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEconomic Growthen_US
dc.subjectEnergy Consumptionen_US
dc.subjectGulf Cooperation Councilen_US
dc.titleThe link between energy consumption and economic growth in gulf cooperation council countries
dc.typeArticle

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