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Publisher : Holistence Publicati ... ✕Department : İktisat Bölümü ✕
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Analyzing of the Validity of Energy-Growth Hypothesis in N-11 Countries

Zamira ÖSKÖNBAYEVA

This study aims to determine which energy-growth hypothesis is valid in Next-11 countries. We adopt a panel estimation techniques for the period of 1984-2010 to examine the possibility of growth, conservative, feedback, or neutrality hypotheses for Next-11 countries. Firstly, second generation unit root test are used to investigate stationarity properties of the variables because of the cross-sectional dependence.Then a panel cointegration and panel causality approach are proposed to examine the causal relationship between the variables. Finally, panel vector autoregression model, impulse-resp ...More

Article 2016 İktisadi ve İdari Bilimler Fakültesi Journal of Life Economics : International Peer-Reviewed and Open Access Electronic Journal3 ( 3 ) 80 Views
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