Energy-growth-globalization (EGG) nexus in N-11 countries

N-11个国家的能源-增长-全球化(EGG)关系

阅读:1

Abstract

This study investigates the correlations of economic growth, energy consumption, and globalization in selected countries. For this purpose, the study gatheres data between 1984 and 2013 from 11 countries, where a panel causality test was employed using Kónya's (2006) approach based on the Seemingly Unrelated Regressions (SUR) system. Subsequently, the Wald test is conducted with a critical bootstrap value per country, in which the calculations obtained significant statistical figures per country. The results of the two-way causality test between economic growth and energy consumption were found in Egypt, Indonesia, Iran, South Korea, Nigeria, and Turkey. The results of the two-way causality test between globalization and economic growth are known in Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, Philippines. Meanwhile, two-way causality between energy consumption and globalization exists in Bangladesh, Egypt, Indonesia, Iran, South Korea, Nigeria, Pakistan, Philippines, and Turkey. Based on these findings, strengthening cooperation is needed so that economic growth, energy consumption, and globalization continue to grow.

特别声明

1、本页面内容包含部分的内容是基于公开信息的合理引用;引用内容仅为补充信息,不代表本站立场。

2、若认为本页面引用内容涉及侵权,请及时与本站联系,我们将第一时间处理。

3、其他媒体/个人如需使用本页面原创内容,需注明“来源:[生知库]”并获得授权;使用引用内容的,需自行联系原作者获得许可。

4、投稿及合作请联系:info@biocloudy.com。