Panel cointegration: Long-run relationship between internet, electricity consumption and economic growth. Evidence from OECD countries

被引:16
|
作者
Kirikkaleli, Dervis [1 ]
Sokri, Abderrahmane [2 ]
Candemir, Mehmet [3 ]
Ertugrul, Hasan Murat [4 ]
机构
[1] European Univ Lefke, Fac Econ & Adm Sci, Mersin, Turkey
[2] DRDC, Ottawa, ON, Canada
[3] Eastern Mediterranean Univ, Dept Econ, Famagusta, Turkey
[4] Undersecretariat Turkish Treasury, Ankara, Turkey
来源
INVESTIGACION ECONOMICA | 2018年 / 77卷 / 303期
关键词
Panel cointegration; OECD; economic growth; internet; electricity consumption; long-run; UNIT-ROOT TESTS; PURCHASING POWER PARITY; ENERGY-CONSUMPTION; CAUSALITY; REVISIT; DOLS; GDP;
D O I
10.22201/fe.01851667p.2018.303.64158
中图分类号
F [经济];
学科分类号
02 ;
摘要
The linkage between electricity consumption, internet demand and economic growth is aimed to investigate in this study in 35 OECD countries for the period 1993-2014. Panel cointegration, Fully Modified Ordinary Least Squares (FMOLS), Dynamic Ordinary Least Squares (DOLS) and Dumitrescu-Hurlin causality tests were performed to capture the potential long-run and causal linkages among the three variables. The findings from the FMOLS and DOLS models indicate a positive linkage between electricity, internet demand and economic growth in the long-run. Results from the Dumitrescu-Hurlin causality confirm feedback causality between electricity consumption and internet demand and unilateral causality running from economic growth to electricity consumption.
引用
收藏
页码:161 / 176
页数:16
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