Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa

Hasan GUNGOR; Angela Uzoamaka SİMON

Makale detayları

Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa

Yazarlar:

Hasan GUNGOR | Angela Uzoamaka SİMON

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2017 Vol.7 Issue 3, pp.268-276

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000815982

Sıklık:

İki Aylık

eISSN:

2146-4553

Özet:

 

The paper investigates the relationship between energy consumption, financial development (FD), economic growth, industrialization and urbanization in the case of South Africa for the period of 1970-2014. The study employs Johansen co-integration test and vector error correction model with granger causality test as estimation techniques. The results confirm that there is a long-run equilibrium relationship between these variables in case of South Africa. More so, urbanization, FD, and industrialization are positively correlated to the energy consumption in the long run. The results obtained also shows the long run bi-directional causality between industrialization and energy utilization, FD and energy consumption and also FD and industrialization.

Makale detayları

Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa

Yazarlar: Hasan GUNGOR | Angela Uzoamaka SİMON

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Energy Economics and Policy 2017 Vol.7 Issue 3, pp.268-276

Belge Tipi: Makale

Yayın Tarihi: 8/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000815982

Sıklık: İki Aylık

eISSN: 2146-4553

Sayı

Yazarlar:

Hasan GUNGOR | Angela Uzoamaka SİMON

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2017 Vol.7 Issue 3, pp.268-276

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000815982

Sıklık:

İki Aylık

eISSN:

2146-4553