EN
Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa
Abstract
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.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
September 1, 2017
Submission Date
September 1, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 7 Number: 3
APA
Gungor, H., & Simon, A. U. (2017). Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa. International Journal of Energy Economics and Policy, 7(3), 268-276. https://izlik.org/JA63ZT99GT
AMA
1.Gungor H, Simon AU. Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa. IJEEP. 2017;7(3):268-276. https://izlik.org/JA63ZT99GT
Chicago
Gungor, Hasan, and Angela Uzoamaka Simon. 2017. “Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa”. International Journal of Energy Economics and Policy 7 (3): 268-76. https://izlik.org/JA63ZT99GT.
EndNote
Gungor H, Simon AU (September 1, 2017) Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa. International Journal of Energy Economics and Policy 7 3 268–276.
IEEE
[1]H. Gungor and A. U. Simon, “Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa”, IJEEP, vol. 7, no. 3, pp. 268–276, Sept. 2017, [Online]. Available: https://izlik.org/JA63ZT99GT
ISNAD
Gungor, Hasan - Simon, Angela Uzoamaka. “Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa”. International Journal of Energy Economics and Policy 7/3 (September 1, 2017): 268-276. https://izlik.org/JA63ZT99GT.
JAMA
1.Gungor H, Simon AU. Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa. IJEEP. 2017;7:268–276.
MLA
Gungor, Hasan, and Angela Uzoamaka Simon. “Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa”. International Journal of Energy Economics and Policy, vol. 7, no. 3, Sept. 2017, pp. 268-76, https://izlik.org/JA63ZT99GT.
Vancouver
1.Hasan Gungor, Angela Uzoamaka Simon. Energy Consumption, Finance and Growth: The Role of Urbanization and Industrialization in South Africa. IJEEP [Internet]. 2017 Sep. 1;7(3):268-76. Available from: https://izlik.org/JA63ZT99GT