The role of financial systems in energy demand: A comparison of developed and developing countries

被引：6
|
作者：
Katircioglu, Setareh [1 ]
Koksal, Cihat [2 ]
Katircioglu, Salih [3 ]
机构：
[1] Univ Kyrenia, Fac Econ & Adm Sci, POB 9000,Via Mersin 10, Kyrenia, North Cyprus, Turkey
[2] Istanbul Commerce Univ, Fac Business, Ornektepe Mah Imrahor Cad 88-2 Z-42, Istanbul, Turkey
[3] Eastern Mediterranean Univ, Dept Banking & Finance, POB 99628,Via Mersin 10, Famagusta, North Cyprus, Turkey
来源：
HELIYON | 2021年 / 7卷 / 06期
关键词：
Financial systems; Energy demand; Trade volume; FDI; ARDL; Developed countries; Developing countries; CONSUMPTION;
D O I：
10.1016/j.heliyon.2021.e07323
中图分类号：
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号：
07 ; 0710 ; 09 ;
摘要：
This study investigates the role of the financial system in energy demand in the cases of developed and developing countries. Time-series analyses are carried out using the annual data period from 2000 to 2015. Results indicate that the financial system and financial markets are long-term catalysts for energy consumption in both groups under consideration. Results show that domestic credits by banks positively impact energy demand in developing countries, while this is money supply impacting positively on energy demand in the case of developed nations. The results of this study reveal important policy implications.
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收藏
页数：6
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