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

Investigación económica, 2018-01, Vol.77 (303), p.161-176 [Peer Reviewed Journal]

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. ;ISSN: 0185-1667 ;EISSN: 2594-2360 ;DOI: 10.22201/fe.01851667p.2018.303.64158

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  • Title:
    Panel cointegration: Long-run relationship between internet, electricity consumption and economic growth. Evidence from OECD countries
  • Author: Kirikkaleli, Dervis ; Sokri, Abderrahmane ; Candemir, Mehmet ; Ertugrul, Hasan Murat
  • Subjects: Economics
  • Is Part Of: Investigación económica, 2018-01, Vol.77 (303), p.161-176
  • Description: 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.
  • Publisher: UNAM, Facultad de Economía
  • Language: Portuguese
  • Identifier: ISSN: 0185-1667
    EISSN: 2594-2360
    DOI: 10.22201/fe.01851667p.2018.303.64158
  • Source: SciELO
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