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Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia

Yıl 2013, Cilt: 3 Sayı: 1, 111 - 117, 01.03.2013

Huseyin Kalyoncu Faruk Gürsoy Hasan Göcen

Öz

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.

Anahtar Kelimeler

Economic growth Energy consumption Granger causality

Yıl 2013, Cilt: 3 Sayı: 1, 111 - 117, 01.03.2013

Huseyin Kalyoncu Faruk Gürsoy Hasan Göcen

Öz

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Ayrıntılar

Diğer ID JA79HN67RY
Yazarlar

Huseyin Kalyoncu Bu kişi benim

Faruk Gürsoy Bu kişi benim

Hasan Göcen Bu kişi benim

Yayımlanma Tarihi 1 Mart 2013
Yayımlandığı Sayı Yıl 2013 Cilt: 3 Sayı: 1

Kaynak Göster

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.
AMA Kalyoncu H, Gürsoy F, Göcen H. Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. IJEEP. Mart 2013;3(1):111-117.
Chicago Kalyoncu, Huseyin, Faruk Gürsoy, ve Hasan Göcen. “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”. International Journal of Energy Economics and Policy 3, sy. 1 (Mart 2013): 111-17.
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 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, 2013.
ISNAD Kalyoncu, Huseyin vd. “Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia”. International Journal of Energy Economics and Policy 3/1 (Mart2013), 111-117.
JAMA 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, 2013, ss. 111-7.
Vancouver Kalyoncu H, Gürsoy F, Göcen H. Causality Relationship between GDP and Energy Consumption in Georgia, Azerbaijan and Armenia. IJEEP. 2013;3(1):111-7.