The relationship among oil, natural gas and coal consumption and economic growth in BRICTS (Brazil, Russian, India, China, Turkey and South Africa) countries
Melike Bildirici and
Tahsin Bakirtas ()
Energy, 2014, vol. 65, issue C, 134-144
Abstract:
The causality relationship between economic growth and coal, natural gas and oil consumption was investigated using the ARDL (autoregressive distributed lag bounds) testing approach for the 1980–2011 period in Brazil, Russian, India, China, Turkey and South Africa. According to long-run and strong causality results, there is bi-directional causality between oil energy consumption and Y for all countries. The long-run causality and strong causality results between coal consumption and economic growth indicated that there is bi-directional causality for China and India. According to long-run causality results and a strong causality result, there are bi-directional causality relationships between NGC (natural gas energy consumption) and Y for Brazil, Russia and Turkey.
Keywords: C13 C22; O41; O43; Oil consumption; Coal consumption; Natural gas consumption; ARDL (autoregressive distributed lag bounds); Granger causality (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (73)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544213010633
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:65:y:2014:i:c:p:134-144
DOI: 10.1016/j.energy.2013.12.006
Access Statistics for this article
Energy is currently edited by Henrik Lund and Mark J. Kaiser
More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().