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It is seen that many developed nations are taking serious actions to use domestic rather than imported energy resources. Contrary, Turkey -a developing country- is getting more dependent on imported resources of energy, such as natural gas. This study analyses the consequences of this policy on...
Persistent link: https://www.econbiz.de/10015241350
for inflation and growth are analysed over the long term. The committed analyses show that GDP was affected by oil imports …
Persistent link: https://www.econbiz.de/10015242337
This study undertakes an examination of asymmetric adjustment effects between electricity consumption and economic growth in South Africa using quarterly data collected from 1983Q1 to 2013:Q4. In our study, we employ a momentum-threshold co-integration method to examine the long-run equilibrium...
Persistent link: https://www.econbiz.de/10015242671
This research is needed to provide scientific evidence that the consumption of electricity in Jordan substituted consumption of petroleum products. The study addresses changes of growth in both consumptions to analyze the impact of changes in electricity consumption on changes in the demand for...
Persistent link: https://www.econbiz.de/10015243356
The objective of this study is to evaluate the effect of GDP growth, coal consumption, financial advancement, and trade …-statistics confirm the presence of a long-run stable relationship between the variables. The results further demonstrate that GDP growth …
Persistent link: https://www.econbiz.de/10015243701
This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a trivariate VECM, for the period 1971-2012. The paper obviates the variable omission bias, and the use of cross-sectional techniques that characterise most existing studies. The...
Persistent link: https://www.econbiz.de/10015243734
This paper investigates major determinants of CO2 emissions in a small open economy such as Italy over the period 1960-2012 using Granger causality and cointegration methods to ascertain short-run and long-run relationships between emissions, trade openness and energy consumption. The research...
Persistent link: https://www.econbiz.de/10015244489
In this study we examine the dynamic structural relationship between oil price shocks and stock market returns and volatility for a sample of both net oil-exporting and net oil-importing countries between 1995:09 and 2013:07. We accomplish that, by extending the Diebold and Yilmaz (2012) dynamic...
Persistent link: https://www.econbiz.de/10015244919
international tourism for the case of Tunisia spanning the period 1990-2010. The results from the Fisher statistic of both the Wald … emissions and output. We recommend that: (i) Tunisia should use more combustible renewables and waste energy as this eliminates …
Persistent link: https://www.econbiz.de/10015244961
This paper investigates the causal relationship between electricity consumption and real GDP by applying the bounds … suggest that there is long-run bidirectional causality between electricity consumption and real GDP. The source of causation …
Persistent link: https://www.econbiz.de/10015245077