Makaleler     Dergiler     Kitaplar    

International Journal of Energy Economics and Policy

Yıl 2014 , Cilt 4 , Sayı 1

Makale özeti ve diğer detaylar.

Makale özeti
Başlık :

The nexus between energy consumption and financial development with asymmetric causality test: new evidence from newly industrialized countries

Yazarlar :
Yazar kurumları :
Sakarya University1
Görüntülenme :
131
DOI :
Özet Türkçe :

In this study, the relationship between energy consumption and financial development is investigated via Hatemi-J asymmetric causality test (2012) which is able to separate positive and negative shocks in analysis. In order to determine different dimensions of financial system, deposit money bank assets to GDP (dbagdp), financial system deposits to GDP (fdgdp) and private credit to GDP (pcrdbgdp) were used as three different indicators. As a result of this study on Newly Industrialized 7 Countries spanning the period 1971 till 2010, both positive and negative shocks existed for Malaysia and Mexico, causality from energy consumption to financial developments emerged for Philippines in only negative shocks. While two-way causality occurred for India, Turkey and Thailand, there was not for South Africa.

Anahtar kelimeler :
Özet İngilizce :

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