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
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
  • [41] The relationship between biomass energy consumption and human development: Empirical evidence from BRICS countries
    Wang, Zhaohua
    Bui, Quocviet
    Zhang, Bin
    ENERGY, 2020, 194
  • [42] Investigating the dynamic nexus between fiscal deficit and inflation: empirical evidence from BRICS economies
    Khah, Arif Mohd
    Ahmad, Masroor
    INTERNATIONAL JOURNAL OF EMERGING MARKETS, 2024,
  • [43] Energy consumption and economic growth nexus in Somalia: an empirical evidence from nonlinear ARDL technique
    Warsame, Abdimalik Ali
    Alasow, Ahmed Abdiaziz
    Salad, Mohamed Ahmed
    INTERNATIONAL JOURNAL OF SUSTAINABLE ENERGY, 2024, 43 (01)
  • [44] The energy consumption-real GDP nexus revisited: Empirical evidence from 93 countries
    Narayan, Paresh Kumar
    Popp, Stephan
    ECONOMIC MODELLING, 2012, 29 (02) : 303 - 308
  • [45] The impact of financial development on renewable energy consumption: Evidence from Turkey
    Mukhtarov, Shahriyar
    Yuksel, Serhat
    Dincer, Hasan
    RENEWABLE ENERGY, 2022, 187 : 169 - 176
  • [46] The Link between Financial Development and Energy Consumption in Turkey: A Time Series Evidence
    Cetin, Murat
    ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, 2018, 13 (03): : 69 - 88
  • [47] Exploring the Causal Nexus between Energy Consumption, Environmental Pollution and Economic Growth: Empirical Evidence from Central and Eastern Europe
    Armeanu, Daniel Stefan
    Gherghina, Stefan Cristian
    Pasmangiu, George
    ENERGIES, 2019, 12 (19)
  • [48] The nexus between energy consumption and financial development: estimating the role of globalization in Next-11 countries
    Danish
    Saud, Shah
    Baloch, Muhammad Awais
    Lodhi, Rab Nawaz
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2018, 25 (19) : 18651 - 18661
  • [49] Access to financial services and lighting energy consumption: Empirical evidence from rural Ghana
    Addai, Bismark
    Tang, Wenjin
    Twumasi, Martinson Ankrah
    Asante, Dennis
    Agyeman, Annette Serwaa
    ENERGY, 2022, 253
  • [50] The moderating role of information and communication technology in the nexus between financial development, economic growth and energy consumption
    Ahmed, Jaleel
    Raies
    Farooq, Umar
    Subhani, Bilal Haider
    OPEC ENERGY REVIEW, 2022, 46 (04) : 399 - 412