CAUSALITY RELATIONSHIP BETWEEN GDP AND ENERGY CONSUMPTION IN GEORGIA, AZERBAIJAN AND ARMENIA

This research aims to investigate the relationship between energy consumption and economic growth in Georgia, Azerbaijan and Armenia during the period of 1995–2009. The Engle-Granger cointegration and Granger causality tests are used in order to analyse the causal relationship between energy consump...

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Bibliographic Details
Main Authors: Huseyin Kalyoncu, Faruk Gürsoy, Hasan Göcen
Format: Article
Language:English
Published: EconJournals 2013-01-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:http://www.econjournals.com/index.php/ijeep/article/view/378/214