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The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis

Yıl 2014, Cilt: 4 Sayı: 4, 621 - 635, 01.12.2014

Öz

Although many factors have been identified to explain the nexus between electricity consumption and economic growth, the empirical evidence is rather mixed. Given these contradictory conclusions, the aim of this paper is to find out which outcome the meta-analysis would support by applying meta-analysis to a sample of the empirical results of 43 studies published between 1996 and 2013. We found that the conservation hypothesis is widely associated to American and European countries. However, conservative policies are likely to have an adverse effect on the economic growth in Asian and MENA countries. Conversely to expectations, the growth hypothesis is heavily associated to studied countries and considered modeling specifications. Additionally, while a neutrality hypothesis is insignificantly associated to MENA countries, the feedback hypothesis is not supported when appealing a panel of American economies. Therefore, the inconclusive results may be mainly due to the different country samples, econometric methodologies and to the fact that energy policies cannot be designed without considering economic and environmental factors, which are unfortunately excluded in the majority of studies. Further analysis should focus more on the new approaches rather than usual methods based on a set of common variables for different countries.

Yıl 2014, Cilt: 4 Sayı: 4, 621 - 635, 01.12.2014

Öz

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Ayrıntılar

Diğer ID JA34JY76NH
Bölüm Araştırma Makalesi
Yazarlar

Jamal Bouoıyour Bu kişi benim

Refk Selmı Bu kişi benim

İlhan Ozturk Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2014
Yayımlandığı Sayı Yıl 2014 Cilt: 4 Sayı: 4

Kaynak Göster

APA Bouoıyour, J., Selmı, R., & Ozturk, İ. (2014). The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis. International Journal of Energy Economics and Policy, 4(4), 621-635.
AMA Bouoıyour J, Selmı R, Ozturk İ. The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis. IJEEP. Aralık 2014;4(4):621-635.
Chicago Bouoıyour, Jamal, Refk Selmı, ve İlhan Ozturk. “The Nexus Between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis”. International Journal of Energy Economics and Policy 4, sy. 4 (Aralık 2014): 621-35.
EndNote Bouoıyour J, Selmı R, Ozturk İ (01 Aralık 2014) The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis. International Journal of Energy Economics and Policy 4 4 621–635.
IEEE J. Bouoıyour, R. Selmı, ve İ. Ozturk, “The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis”, IJEEP, c. 4, sy. 4, ss. 621–635, 2014.
ISNAD Bouoıyour, Jamal vd. “The Nexus Between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis”. International Journal of Energy Economics and Policy 4/4 (Aralık 2014), 621-635.
JAMA Bouoıyour J, Selmı R, Ozturk İ. The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis. IJEEP. 2014;4:621–635.
MLA Bouoıyour, Jamal vd. “The Nexus Between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis”. International Journal of Energy Economics and Policy, c. 4, sy. 4, 2014, ss. 621-35.
Vancouver Bouoıyour J, Selmı R, Ozturk İ. The Nexus between Electricity Consumption and Economic Growth: New Insights from Meta-Analysis. IJEEP. 2014;4(4):621-35.