Energy Consumption and Real GDP in Iran

Ali Akbar Naji MEİDANİ; Maryam ZABİHİ

Article Details

Energy Consumption and Real GDP in Iran

Authors:

Ali Akbar Naji MEİDANİ | Maryam ZABİHİ

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2014 Vol.4 Issue 1, pp.15-25

Document Type:

Article

Publication Date:

2/2014

Document Language:

Turkish

Document ID (Org No.):

2000816741

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

As one of the most important production factors and one of the most urgent final products, energy has a special position in the growth and development of the country. This paper examines the causal relationship between Real GDP and energy consumption in various economic sectors including (household and commercial, industry, transportation and agriculture sectors) for Iran during 1967–2010 using the time series technique known as the Toda-Yamamoto method. Moreover, an error correction model is also estimated so that the results of these two methods are compared. We found a strong unidirectional causality from energy consumption in industry sector to real gross domestic product. Energy consumption in industry sector can observably promote the development of economy.

Article Details

Energy Consumption and Real GDP in Iran

Authors: Ali Akbar Naji MEİDANİ | Maryam ZABİHİ

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2014 Vol.4 Issue 1, pp.15-25

Document Type: Article

Publication Date: 2/2014

Document Language: Turkish

Document ID (Org No.): 2000816741

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Ali Akbar Naji MEİDANİ | Maryam ZABİHİ

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2014 Vol.4 Issue 1, pp.15-25

Document Type:

Article

Publication Date:

2/2014

Document Language:

Turkish

Document ID (Org No.):

2000816741

Frequency:

Bimonthly

eISSN:

2146-4553