Makaleler     Dergiler     Kitaplar    

International Journal of Energy Economics and Policy

Yıl 2014 , Cilt 4 , Sayı 2

Makale özeti ve diğer detaylar.

Makale özeti
Başlık :

Oil market, nuclear energy consumption and economic growth: evidence from emerging economies

Yazarlar :
Yazar kurumları :
University of Sheffield1
Görüntülenme :
Özet Türkçe :

This paper empirically examines the relationship between oil consumption, nuclear energy consumption, oil price and economic growth in four emerging economies (Russia, China, South Korea, and India) over the period from 1965 to 2010. Applying a modified version of the granger causality test developed by Toda and Yamamoto, we find that the level of world crude oil prices (WTI) plays a crucial role in determining the economic growth in the investigated countries. The results suggest that there is a unidirectional causality running from real GDP to oil consumption in China and South Korea, while bidirectional relationship between oil consumption and real GDP growth appears in India. Furthermore, the results propose that while nuclear energy stimulates economic growth in both South Korea and India, the rapid increase in China economic growth requires additional usage of nuclear energy.

Özet İngilizce :

Tam metin (Türkçe) :
Paylaş :
Benzer Makaleler
Yorum Yap
  • Adınız :
  • Güvenlik Kodu :
  • Yorum :