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The link between energy consumption and economic growth: Evidence from transition economies (1985-2017)

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  • Kassim, Fatima
  • Isik, Abdurrahman

Abstract

Economies around the world are on the move to ensure sustainable economic development and a clean atmosphere through the use of renewable energy sources. The importance of energy to all human aspects has been spiking as the world keeps evolving. This has made an exciting field of research to major academicians towards providing sound measures to governments in areas of developing the society at large. Using a systematic method of literature review, this work analyses the energy trend, as well as the energy-growth nexus research, carried out in transition economies. The concluding result after the systematic review shows that (14%) of the study confirms the growth hypothesis, (54%) feedback hypothesis, (9%) neutrality hypothesis, and (23%) conservation hypothesis.

Suggested Citation

  • Kassim, Fatima & Isik, Abdurrahman, 2020. "The link between energy consumption and economic growth: Evidence from transition economies (1985-2017)," MPRA Paper 101601, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:101601
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    Cited by:

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    2. Mohamed Alshami, 2023. "A VAR Based Study on Energy Consumption and Economic Growth," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 317-321, January.

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    More about this item

    Keywords

    Energy; economic growth; resources; transition economies; systematic review.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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