EN
Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia
Abstract
This research aims to investigate the relationship between energy consumption and economic growth in Georgia, Azerbaijan and Armenia during the period of 1995–2009. The Engle-Granger cointegration and Granger causality tests are used in order to analyse the causal relationship between energy consumption and economic growth. It is crucial to see the directions of causality between two variables for the policy makers. For Georgia and Azerbaijan it is found that these two variables are not cointegrated. In case of Armenia these two variables are cointegrated. Accordingly, causality analysis is conducted for Armenia. The research outcomes reveal that there is unidirectional causality from per capita GDP to per capita energy consumption for Armenia.
Keywords
Ayrıntılar
Birincil Dil
İngilizce
Konular
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Bölüm
-
Yayımlanma Tarihi
1 Mart 2013
Gönderilme Tarihi
1 Mart 2013
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2013 Cilt: 3 Sayı: 1
APA
Kalyoncu, H., Gürsoy, F., & Göcen, H. (2013). Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. International Journal of Energy Economics and Policy, 3(1), 111-117. https://izlik.org/JA96ZJ36HH
AMA
1.Kalyoncu H, Gürsoy F, Göcen H. Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. IJEEP. 2013;3(1):111-117. https://izlik.org/JA96ZJ36HH
Chicago
Kalyoncu, Huseyin, Faruk Gürsoy, ve Hasan Göcen. 2013. “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”. International Journal of Energy Economics and Policy 3 (1): 111-17. https://izlik.org/JA96ZJ36HH.
EndNote
Kalyoncu H, Gürsoy F, Göcen H (01 Mart 2013) Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. International Journal of Energy Economics and Policy 3 1 111–117.
IEEE
[1]H. Kalyoncu, F. Gürsoy, ve H. Göcen, “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”, IJEEP, c. 3, sy 1, ss. 111–117, Mar. 2013, [çevrimiçi]. Erişim adresi: https://izlik.org/JA96ZJ36HH
ISNAD
Kalyoncu, Huseyin - Gürsoy, Faruk - Göcen, Hasan. “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”. International Journal of Energy Economics and Policy 3/1 (01 Mart 2013): 111-117. https://izlik.org/JA96ZJ36HH.
JAMA
1.Kalyoncu H, Gürsoy F, Göcen H. Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. IJEEP. 2013;3:111–117.
MLA
Kalyoncu, Huseyin, vd. “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”. International Journal of Energy Economics and Policy, c. 3, sy 1, Mart 2013, ss. 111-7, https://izlik.org/JA96ZJ36HH.
Vancouver
1.Huseyin Kalyoncu, Faruk Gürsoy, Hasan Göcen. Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. IJEEP [Internet]. 01 Mart 2013;3(1):111-7. Erişim adresi: https://izlik.org/JA96ZJ36HH