Energy Consumption is a Determinant of Economic Growth in BRICS Countries or Not?

Asian Economic and Financial Review

关键词: Energy consumption;    Conservation Hypothesis;    Feedback Hypothesis;    Economic growth;    Panel data;    BRICS.;   

学科分类：社会科学、人文和艺术（综合）

来源: Asian Economic and Social Society

【 摘 要 】

Energy consumption as a determinant of economic growth is a matter that has been frequently discussed in recent years in the theory of economics. In this study, the relationship between energy consumption and economic growth in BRICS (Brazil, Russia, India, China and South Africa) countries from 1990 to 2013 analyzed by panel data analysis. According to the results of empirical analysis, conservation hypothesis in Russia and feedback hypothesis in Brazil and neutrality hypothesis in other countries are valid.

【 授权许可】

CC BY