Globalisation, economic growth and energy consumption in the BRICS region: the importance of asymmetries.
Journal article
Shahbaz, Muhammad, Shahzad, Syed Jawad Hussain, Alam, Shaista and Apergis, Nicholas 2018. Globalisation, economic growth and energy consumption in the BRICS region: the importance of asymmetries. Journal of International Trade & Economic Development. https://doi.org/10.1080/09638199.2018.1481991
Authors | Shahbaz, Muhammad, Shahzad, Syed Jawad Hussain, Alam, Shaista and Apergis, Nicholas |
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Abstract | This paper examines the asymmetric impact of globalisation and economic growth on energy consumption in BRICS countries, applying the NARDL bounds approach to explore the presence of asymmetric cointegration across variables. The empirical results reveals that energy consumption is positively and negatively affected by the positive and negative globalisation shocks, respectively. A positive shock in economic growth promotes energy consumption, while a negative shock reduces energy consumption. |
Keywords | Globalization; Energy; Growth |
Year | 2018 |
Journal | Journal of International Trade & Economic Development |
Publisher | Taylor & Francis |
ISSN | 0963-8199 |
1469-9559 | |
Digital Object Identifier (DOI) | https://doi.org/10.1080/09638199.2018.1481991 |
Web address (URL) | http://hdl.handle.net/10545/623137 |
hdl:10545/623137 | |
Publication dates | 19 Jun 2018 |
Publication process dates | |
Deposited | 19 Nov 2018, 14:27 |
Contributors | Montpelier Business School, COMSATS Institute of InformationTechnology, University of Karachi and University of Piraeus |
File | File Access Level Open |
File | |
File | File Access Level Controlled |
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https://repository.derby.ac.uk/item/93z5x/globalisation-economic-growth-and-energy-consumption-in-the-brics-region-the-importance-of-asymmetries
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