Investigating energy consumption and economic growth for BRICS-T countries

dc.authorid0000-0003-4168-2792
dc.authorid0000-0003-4367-6652
dc.authorwosidYILDIRIM, Durmuş Çağrı/V-8841-2019
dc.authorwosidYıldırım, Seda/R-8595-2019
dc.contributor.authorYıldırım, Durmuş Çağrı
dc.contributor.authorYıldırım, Seda
dc.contributor.authorDemirtaş, Işıl
dc.date.accessioned2022-05-11T14:33:31Z
dc.date.available2022-05-11T14:33:31Z
dc.date.issued2019
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
dc.description.abstractPurpose The purpose of this paper is to explore the relationship between energy consumption and economic growth for Brazil, Russia, China, India, South Africa and Turkey (BRICS-T) countries. In this context, this study investigates energy consumption and real output in BRICS-T countries through panel cointegration. Design/methodology/approach The data include energy consumption and real output for BRICS-T countries and period of 1990-2014. The variables are transformed into natural logarithm. To analyze these data, this study employed Pedroni cointegration test, the second-generation panel cointegration test, Westerlund and Edgerton (2008) test and FMOLS test. Findings Results indicate that there is a bi-directional causality relationship between energy consumption and economic growth for BRICS-T countries. An increase in GDP leads to an increase in energy consumption and an increase in energy consumption leads to an increase in GDP. Originality/value This study provides important evidence that countries with strong growth performance need to follow bi-directional energy policies to increase both energy investments and ensure energy savings.
dc.identifier.doi10.1108/WJSTSD-12-2018-0063
dc.identifier.endpage195
dc.identifier.issn2042-5953
dc.identifier.issn2042-5945
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85085115501
dc.identifier.scopusqualityN/A
dc.identifier.startpage184
dc.identifier.urihttps://doi.org/10.1108/WJSTSD-12-2018-0063
dc.identifier.urihttps://hdl.handle.net/20.500.11776/7784
dc.identifier.volume16
dc.identifier.wosWOS:000485872900003
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorYıldırım, Durmuş Çağrı
dc.institutionauthorYıldırım, Seda
dc.language.isoen
dc.publisherEmerald Group Publishing Ltd
dc.relation.ispartofWorld Journal of Science Technology and Sustainable Development
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectEconomic growth
dc.subjectEnergy consumption
dc.subjectPanel cointegration
dc.subjectBRICS-T
dc.subjectError-Correction
dc.subjectPanel Cointegration
dc.subjectUnit-Root
dc.subjectAmerica Evidence
dc.subjectCo2 Emissions
dc.subjectTests
dc.subjectCausality
dc.subjectGdp
dc.titleInvestigating energy consumption and economic growth for BRICS-T countries
dc.typeArticle

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