Financial development, energy consumption and China's economic growth: New evidence from provincial panel data

2020 ◽  
Vol 69 ◽  
pp. 1132-1151 ◽  
Author(s):  
Yu Hao ◽  
Ling-Ou Wang ◽  
Chien-Chiang Lee
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Panel Data ◽  
Financial Development ◽  
New Evidence

scholarly journals Financial development and economic growth: New evidence from panel data

2011 ◽  
Vol 51 (1) ◽  
pp. 88-104 ◽  
Author(s):  
M. Kabir Hassan ◽  
Benito Sanchez ◽  
Jung-Suk Yu
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
Financial Development ◽  
New Evidence

scholarly journals Energy consumption, financial development and economic growth in India: New evidence from a nonlinear and asymmetric analysis

2017 ◽  
Vol 63 ◽  
pp. 199-212 ◽  
Author(s):  
Muhammad Shahbaz ◽  
Thi Hong Van Hoang ◽  
Mantu Kumar Mahalik ◽  
David Roubaud
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
New Evidence

scholarly journals What is the role of Financial Development and Energy Consumption on Economic Growth? New Evidence from North African Countries

2016 ◽  
Vol 3 (1) ◽  
pp. 137
Author(s):  
Doaa Mohamed Salman ◽  
Eyad M. Atya
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
North African ◽  
African Countries ◽  
Policy Makers ◽  
Applied Model ◽  
North African Countries ◽  
Relationship Of ◽  
New Evidence

<p>This paper aims to test the validity of the causality between financial development and economic growth on energy consumption in three of North African countries. The study employs error coreection model and Granger causaility test to analyza a dataset for three North African countries covering a period from 1980 to 2010. The applied model is based on demand function for energy to assess the existing of causal relationship of energy with financial development, and economic growth, in Algeria, Egypt, and Tunisia. Empirical results provide a positive significant relating financial development and energy consumption in Algeria, and Tunisia. On the other hand, Egypt’s results show a negative significant relationship relating energy consumption and financial development. The paper is valuable to policy makers in North African countries in their pursuit for achieving economic growth as it clarifies the urge for the financial development reforms to stimulate investment and growth.</p>

The Nexus between Financial Development, Economic Growth and Energy Consumption in India: A VECM Technique

2020 ◽  
pp. 602-612
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Consumer Price Index ◽  
Development Economic ◽  
Energy Prices ◽  
Vector Error Correction ◽  
Percent Increase ◽  
Growth Energy ◽  
The Impact

The demand for energy consumption requires efficient financial development in terms of bank credit. Therefore, this study examines the nexus between Financial Development, Economic Growth, Energy Prices and Energy Consumption in India, utilizing Vector Error Correction Model (VECM) technique to determine the nature of short and long term relationships from 2010 to 2019. The estimation of results indicates that a one percent increase in bank credits to private sector results in 0.10 percent increase in energy consumption and 0.28 percent increase in energy consumption responses to 1 percent increase in economic growth. It is also observed that the impact of energy price proxied by consumer price index is statistically significant with a negative sign indicating the consistency with the theory.

Sign in / Sign up

Export Citation Format

Share Document