Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses

Volume: 7 Number: 2 June 1, 2017
  • Faik Bilgili
  • İlhan Ozturk
  • Emrah Kocak
  • Umit Bulut
EN

Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses

Abstract

This paper employs a panel data set of 20 European countries and examines the impacts of energy consumption on youth unemployment over the period 1990-2011. We employed panel FMOLS and panel DOLS estimations, panel Granger causality tests based on vector error correction model and panel causality tests of Emirmahmutoglu and Kose (2011) and Dumitreschu and Hurlin (2012). According to the panel FMOLS and DOLS estimators results, there is negative impact of energy consumption on youth unemployment rates. In addition, the causality tests yield unidirectional causality from energy consumption to youth unemployment rates. The outcome of this paper explores the importance of energy policies to decrease youth unemployment rates and, hence, it may suggests policymakers follow relevant policies encouraging energy consumption and new potential energy investments to diminish youth unemployment rates.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Faik Bilgili This is me

İlhan Ozturk This is me

Emrah Kocak This is me

Umit Bulut This is me

Publication Date

June 1, 2017

Submission Date

June 1, 2017

Acceptance Date

-

Published in Issue

Year 2017 Volume: 7 Number: 2

APA
Bilgili, F., Ozturk, İ., Kocak, E., & Bulut, U. (2017). Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses. International Journal of Energy Economics and Policy, 7(2), 193-201. https://izlik.org/JA47AC27BK
AMA
1.Bilgili F, Ozturk İ, Kocak E, Bulut U. Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses. IJEEP. 2017;7(2):193-201. https://izlik.org/JA47AC27BK
Chicago
Bilgili, Faik, İlhan Ozturk, Emrah Kocak, and Umit Bulut. 2017. “Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses”. International Journal of Energy Economics and Policy 7 (2): 193-201. https://izlik.org/JA47AC27BK.
EndNote
Bilgili F, Ozturk İ, Kocak E, Bulut U (June 1, 2017) Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses. International Journal of Energy Economics and Policy 7 2 193–201.
IEEE
[1]F. Bilgili, İ. Ozturk, E. Kocak, and U. Bulut, “Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses”, IJEEP, vol. 7, no. 2, pp. 193–201, June 2017, [Online]. Available: https://izlik.org/JA47AC27BK
ISNAD
Bilgili, Faik - Ozturk, İlhan - Kocak, Emrah - Bulut, Umit. “Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses”. International Journal of Energy Economics and Policy 7/2 (June 1, 2017): 193-201. https://izlik.org/JA47AC27BK.
JAMA
1.Bilgili F, Ozturk İ, Kocak E, Bulut U. Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses. IJEEP. 2017;7:193–201.
MLA
Bilgili, Faik, et al. “Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses”. International Journal of Energy Economics and Policy, vol. 7, no. 2, June 2017, pp. 193-01, https://izlik.org/JA47AC27BK.
Vancouver
1.Faik Bilgili, İlhan Ozturk, Emrah Kocak, Umit Bulut. Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses. IJEEP [Internet]. 2017 Jun. 1;7(2):193-201. Available from: https://izlik.org/JA47AC27BK