Defense, Economic Growth and Energy Consumption in China

被引：19
|
作者：
Bildirici, Melike [1 ]
机构：
[1] Prof Dr Ydritz Tech Univ, Dept Econ, Istanbul, Turkey
来源：
5TH ISTANBUL CONFERENCE OF ECONOMICS AND FINANCE | 2016年 / 38卷
关键词：
ARDL; Defense Expenditure; Economic Growth; Energy Consumption; Granger Causality;
D O I：
10.1016/S2212-5671(16)30197-6
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper aimed to test the dynamic relationship between economic growth, energy consumption and defence expenditure in China for the period 1987-2013. It was used to the bounds test approach to cointegration developed by Pesaran et al. (2001) and it was determined whether there was a short and a long-run relationship among defence expenditure, energy consumption and economic growth. It was found that defence and energy consumption has a positive and a statistically significant impact on economic growth of China. Further, it was applied the Granger causality and it was determined a positive and a significant causal relation between variables. (C) 2016 The Authors. Published by Elsevier B.V.
引用
收藏
页码：257 / 263
页数：7
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