Investigating the Nexus between Energy Consumption and Financial Development via Considering Structural Breaks: Empirical Evidence from Argentina

被引：0
|
作者：
Abdelhamid, Abdelati [1 ]
Ozatac, Nesrin [1 ]
Taspinar, Nigar [1 ]
机构：
[1] Eastern Mediterranean Univ, Dept Banking & Finance, POB 99628, Gazimagusa, Cyprus
来源：
SUSTAINABILITY | 2023年 / 15卷 / 11期
关键词：
energy consumption; financial development; ARDL; structural breaks; Argentina; FOREIGN DIRECT-INVESTMENT; ECONOMIC GROWTH NEXUS; CARBON EMISSIONS; AMERICA EVIDENCE; LONG-RUN; IMPACT; INCOME; COINTEGRATION; TRADE;
D O I：
10.3390/su15118482
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The purpose of this study was to explore energy consumption and financial development in Argentina from 1965 to 2015. Our results show no significant structural breaks during the analysis. We have found a non-linear, inverted U-shaped relationship between financial development and energy consumption. Moreover, we have observed a bidirectional causality between energy consumption and financial development, as well as a similar relationship between energy consumption and economic growth. We have also observed a unidirectional relationship between financial development to economic growth. Our findings have significant policy implications, highlighting the importance of financial development, economic growth, and urbanization for energy consumption in Argentina.
引用
收藏
页数：14
相关论文
共 50 条
  • [31] Geopolitical risk, financial development, and renewable energy consumption: empirical evidence from selected industrial economies
    Ben Abdallah, Amal
    Becha, Hamdi
    Sharif, Arshian
    Bashir, Muhammad Farhan
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2024, 31 (14) : 21935 - 21946
  • [32] Revisiting the financial development and economic growth nexus: empirical evidence from SAARC countries
    Dar, Muzffar Hussain
    Nain, Md Zulquar
    JOURNAL OF FINANCIAL ECONOMIC POLICY, 2023, 15 (06) : 645 - 659
  • [33] Financial development and energy consumption: Evidence from Pakistan and Malaysia
    Kakar, Zaheer Khan
    ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, 2016, 11 (09) : 868 - 873
  • [34] Investigating the Institutional Determinants of Financial Development: Empirical Evidence From SAARC Countries
    Ellahi, Nazima
    Kiani, Adiqa Kausar
    Awais, Muhammad
    Affandi, Hina
    Saghir, Rabia
    Qaim, Sarah
    SAGE OPEN, 2021, 11 (02):
  • [35] Nexus between energy efficiency finance and renewable energy development: Empirical evidence from G-7 economies
    Fan, Qiuyan
    Hajiyeva, Aytan Merdan
    RENEWABLE ENERGY, 2022, 195 : 1077 - 1086
  • [36] Revisiting financial expansion and energy efficiency nexus with environment: empirical evidence from RCEP countries
    Su Lin
    Haijun Kang
    Energy Efficiency, 2024, 17
  • [37] Revisiting financial expansion and energy efficiency nexus with environment: empirical evidence from RCEP countries
    Lin, Su
    Kang, Haijun
    ENERGY EFFICIENCY, 2024, 17 (01)
  • [38] The nexus between remittances, education, and energy consumption: Evidence from developing countries
    Chen, Yufeng
    Raza, Kashif
    Alharthi, Majed
    ENERGY STRATEGY REVIEWS, 2023, 46
  • [39] The Causal Nexus among Energy Consumption, Environmental Degradation, Financial Development and Health Outcome: Empirical Study for Pakistan
    M. Arafat, Weal M. Gh.
    Ul Haq, Ihtisham
    Mehmed, Bahtiyar
    Abbas, Azeem
    Gamage, Sisira Kumara Naradda
    Gasimli, Oruj
    ENERGIES, 2022, 15 (05)
  • [40] Nexus between Financial Development and Economic Growth: Evidence from Sri Lanka
    Fathima Rinosha, Kalideen
    Mohamed Mustafa, Abdul Majeed
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2021, 8 (03): : 165 - 170
12345