FINANCIAL DEVELOPMENT AND ENERGY CONSUMPTION NEXUS IN 32 BELT AND ROAD ECONOMIES
نویسندگان
چکیده
Current study sheds the light on financial development-energy nexus in 32 Belt and Road economies during 2000-2015. Financial development is proxied by domestic credit to private sector. We first examine order of integration employing five different panel unit-root tests. Further, we confirm long-term relationship between variables running Pedroni Kao cointegration Fully Modified Ordinary Least Squares (FMOLS) regression reveal positive energy use. Results Dumitrescu-Hurlin causality test fail causal our sample.Keywords: consumption, development, countriesJEL Classifications: G2, O4DOI: https://doi.org/10.32479/ijeep.10862
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ژورنال
عنوان ژورنال: International Journal of Energy Economics and Policy
سال: 2021
ISSN: ['2146-4553']
DOI: https://doi.org/10.32479/ijeep.10862