Mukhtarov, Shahriyar; Humbatova, Sugra; Seyfullayev, Ilgar - In: Journal of applied economics 23 (2020) 1, pp. 75-88
This study investigates the relationship between energy consumption, financial development, economic growth, and energy prices in Kazakhstan, utilizing VECM technique to the data spanning from 1993 to 2014. Estimation results reveal that there is a positive and statistically significant impact...