Energy Consumption and Economic Growth Nexus in Bangladesh
Energy Consumption and Economic Growth Nexus in Bangladesh作者机构:School of Economics and ManagementUniversity of Chinese Academy of SciencesBeijing 100190 Department of Agricultural EconomicsEXIM Bank Agricultural UniversityBangladeshChapainawabganj 6300Bangladesh College of Economics and ManagementHuazhong Agricultural UniversityWuhan 430070China Department of Agricultural Finance and BankingSylhet Agricultural UniversitySylhet 3100Bangladesh
出 版 物:《Journal of Systems Science and Information》 (系统科学与信息学报(英文))
年 卷 期:2019年第10卷第6期
页 面:497-509页
核心收录:
学科分类:02[经济学] 0201[经济学-理论经济学] 020105[经济学-世界经济]
基 金:Supported by the CAS-TWAS Presidents Fellowship National Nature Science Foundation of China(71390330,71390331)
主 题:energy consumption economic growth co-integration test Granger causality test GLS model Bangladesh
摘 要:The empirical investigation that examines the dynamics including the interaction between consumption of energy and economic progress has long been ***,the interaction of these two in developing countries in general and Bangladesh,in particular,is a less explored ***,with this notion,this study examined the causal relationship among economic growth and energy consumption in *** this purpose,the study used energy consumption,gross domestic product(GDP),labor force,and capital data from 1981 to 2017 from different sources and data is analyzed by augmented Dickey-Fuller(ADF)unit root test,Johansen co-integration test and Granger test of *** determine that energy consumption and economic growth have long term bi-directional *** econometric model is estimated using generalized least squares(GLS)*** is concluded that,consumption of energy and economic growth positively correlated and economic development highly depend on energy consumption in Bangladesh.