Research Article

THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS

Volume: 5 Number: 2 October 31, 2025
TR EN

THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS

Abstract

Energy poverty or difficulties in accessing energy play a critical role in ensuring sustainable economic growth. This study aims to analyze the long-term relationship between energy poverty and economic growth in the Economic Cooperation Organization (ECO) member countries (Türkiye, Turkmenistan, Tajikistan, Iran, Pakistan, Uzbekistan, Kazakhstan, Kyrgyzstan, and Azerbaijan). Using panel data from the period 1993-2022, the analysis identified a cointegration relationship between the variables; long-term effects were examined using the Common Correlated Effects (CCE) estimator, while causality relationships were analyzed using the Granger causality test developed by Juodis, Karavias, and Sarafidis (JKS, 2021). The findings of the CCE estimator across the panel reveal that access to energy has a generally positive and statistically significant effect on economic growth. At the country level, this effect is significant in Türkiye, Tajikistan, Iran, Pakistan, and Uzbekistan, while it does not reach the level of significance in other countries. Additionally, the results of the Granger causality test by JKS (2021) indicate a bidirectional causality relationship between energy poverty and economic growth. Within this framework, it is concluded that energy access policies play a supportive role in economic development and that economic growth may have a mitigating effect on energy poverty.

Keywords

References

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Details

Primary Language

English

Subjects

Applied Macroeconometrics

Journal Section

Research Article

Early Pub Date

October 28, 2025

Publication Date

October 31, 2025

Submission Date

August 24, 2025

Acceptance Date

October 21, 2025

Published in Issue

Year 2025 Volume: 5 Number: 2

APA
Akın, F., & Ateş, H. (2025). THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS. Dicle Akademi Dergisi, 5(2), 147-163. https://doi.org/10.61964/dade.1771392
AMA
1.Akın F, Ateş H. THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS. DAD. 2025;5(2):147-163. doi:10.61964/dade.1771392
Chicago
Akın, Fatih, and Hakan Ateş. 2025. “THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS”. Dicle Akademi Dergisi 5 (2): 147-63. https://doi.org/10.61964/dade.1771392.
EndNote
Akın F, Ateş H (October 1, 2025) THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS. Dicle Akademi Dergisi 5 2 147–163.
IEEE
[1]F. Akın and H. Ateş, “THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS”, DAD, vol. 5, no. 2, pp. 147–163, Oct. 2025, doi: 10.61964/dade.1771392.
ISNAD
Akın, Fatih - Ateş, Hakan. “THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS”. Dicle Akademi Dergisi 5/2 (October 1, 2025): 147-163. https://doi.org/10.61964/dade.1771392.
JAMA
1.Akın F, Ateş H. THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS. DAD. 2025;5:147–163.
MLA
Akın, Fatih, and Hakan Ateş. “THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS”. Dicle Akademi Dergisi, vol. 5, no. 2, Oct. 2025, pp. 147-63, doi:10.61964/dade.1771392.
Vancouver
1.Fatih Akın, Hakan Ateş. THE IMPACT OF ENERGY POVERTY ON ECONOMIC GROWTH IN ECO COUNTRIES: A PANEL DATA ANALYSIS. DAD. 2025 Oct. 1;5(2):147-63. doi:10.61964/dade.1771392

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