Economic Growth and Energy Consumption for OECD Countries

Hasan Huseyin Yildirim ()
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Hasan Huseyin Yildirim: University of Balikesir

A chapter in Regional Studies on Economic Growth, Financial Economics and Management, 2017, pp 245-255 from Springer

Abstract: Abstract Following the nineteenth century, energy became an important and indispensable input to production and consumption activities in all over the world. In the meantime, energy has become a very determinant factor for growth for national economies. In this study, we aim to examine the relationship between energy consumption and economic growth for OECD countries. Panel data method and co-integration tests will be employed to analyze OECD member countries over the period 1960–2014. GDP per capita will be the proxy for the energy consumption and economic growth capita will be taken for energy consumption on an annual basis.

Keywords: Economic growth; Energy consumption; Panel data analysis; Cointegration test (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-319-54112-9_15

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DOI: 10.1007/978-3-319-54112-9_15

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