Original scientific paper
ECONOMIC GROWTH AND ELECTRICITY CONSUMPTION IN EMERGING COUNTRIES OF EUROPA: AN ARDL ANALYSIS
Melike E. Bildirici
Fazil Kayikci
Abstract
The structure of energy intensity is not only important for the econo-
mists but also for the policymakers since it contributes to the policy debate
on the link between energy use and economic growth and co-movement of
the energy supply and growth policies. This study estimates the causal re-
lationship between energy consumption and economic growth at per capita
and aggregate levels for some transition countries in Europe; Albania, Be-
larus, Bulgaria, Czech Republic, Hungary, Lithuania, Poland, Romania and
Slovakia.. The study also presents the income elasticities of total energy de-
mand by using the ARDL (Auto Regressive Distributed Lag) method.
Keywords
Economic Growth; Development; Energy consumption; ARDL
Hrčak ID:
96994
URI
Publication date:
1.9.2012.
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