Effects of oil production on economic growth in Eurasian countries: Panel ARDL approach

被引：45

作者：

Bildirici, Melike Elif ^{[1
]}

Kayikci, Fazil ^{[1
]}

机构：

[1] Yildiz Tech Univ, Dept Econ, TR-34349 Istanbul, Turkey

来源：

ENERGY | 2013年 / 49卷

关键词：

Growth; Cointegration; Causality; Oil production; ENERGY-CONSUMPTION; TIME-SERIES; COINTEGRATION; TESTS;

D O I：

10.1016/j.energy.2012.10.047

中图分类号：

O414.1 [热力学];

学科分类号：

摘要：

This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993-2010 periods. Empirical results reveal that oil production and economic growth are cointegrated for these countries. Furthermore, there is positive bi-directional causality between oil production and economic growth both in the long run and in the short run which supports the policies about investing in energy infrastructure. (C) 2012 Elsevier Ltd. All rights reserved.

引用

页码：156 / 161

页数：6

共 41 条

[1]

Ahrend R, 2002, 10 DELTA

[2] The impact of energy consumption and CO2 emission on the economic growth and financial development in the Sub Saharan African countries [J].

Al-Mulali, Usama ;

Sab, Che Normee Binti Che .

ENERGY, 2012, 39 (01) :180-186

[3] Oil consumption, CO2 emission and economic growth in MENA countries [J].

Al-mulali, Usama .

ENERGY, 2011, 36 (10) :6165-6171

[4] The natural resource curse and economic transition [J].

Alexeev, Michael ;

Conrad, Robert .

ECONOMIC SYSTEMS, 2011, 35 (04) :445-461

[5]

[Anonymous], 1999, IMF Working Paper, No. 99/73

[6]

[Anonymous], 2004, ECONOMETRIC ANAL

[7]

[Anonymous], 17 APP STAT U DEP EC

[8]

[Anonymous], 1997, J CHEM INF MODEL, DOI DOI 10.1017/CBO9781107415324.004

[9] Renewable energy consumption and growth in Eurasia [J].

Apergis, Nicholas ;

Payne, James E. .

ENERGY ECONOMICS, 2010, 32 (06) :1392-1397

[10] Energy consumption and economic growth: Evidence from the Commonwealth of Independent States [J].

Apergis, Nicholas ;

Payne, James E. .

ENERGY ECONOMICS, 2009, 31 (05) :641-647

← 1 2 3 4 5 →