The impact of urbanization on energy intensity: Panel data evidence considering cross-sectional dependence and heterogeneity

Bilgili F., Kocak E., Bulut U., Kuloglu A.

ENERGY, cilt.133, ss.242-256, 2017 (SCI-Expanded) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 133
  • Basım Tarihi: 2017
  • Doi Numarası: 10.1016/j.energy.2017.05.121
  • Dergi Adı: ENERGY
  • Derginin Tarandığı İndeksler: Science Citation Index Expanded (SCI-EXPANDED), Scopus
  • Sayfa Sayıları: ss.242-256
  • Anahtar Kelimeler: Urbanization, Ruralization, Energy intensity, GDP, Asia, Panel data, ENVIRONMENTAL KUZNETS CURVE, DEMAND-SIDE MANAGEMENT, CO2 EMISSIONS, ECONOMIC-GROWTH, RENEWABLE ENERGY, ELECTRICITY CONSUMPTION, FINANCIAL DEVELOPMENT, TRADE OPENNESS, OECD COUNTRIES, CAUSALITY
  • Erciyes Üniversitesi Adresli: Evet

Özet

As population grows considerably in the world, the correlation between intensity of population in urban areas and energy intensity becomes an important issue in energy field. This paper aims at examining the effects of urbanization on energy intensity for 10 Asian countries by employing annual data from 1990 to 2014. The Asian countries are Bangladesh, China, India, Indonesia, Malaysia, Nepal, Philippines, South Korea, Thailand and Vietnam, respectively. To this end, the paper, first, follows cross-sectional dependence and heterogeneity tests. Then, the paper conducts unit root and cointegration tests, cointegration analyses and causality analyses. Finally, the paper estimates the short run parameters as well as long-run parameters to capture the possible dynamic relationships among variables.