IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2014-01-2.html
   My bibliography  Save this article

Energy Consumption and Real GDP in Iran

Author

Listed:
  • Ali A. Naji Meidani

    (Department of Economics, Faculty of Economic and Administrative Sciences, Ferdowsi University of Mashhad. PO box 91779-48951, Park Square, Iran.)

  • Maryam Zabihi

    (Department of Economics, Faculty of Economic and Administrative Sciences, Ferdowsi University of Mashhad. PO box 91779-48951, Park Square, Iran.)

Abstract

As one of the most important production factors and one of the most urgent final products, energy has a special position in the growth and development of the country. This paper examines the causal relationship between Real GDP and energy consumption in various economic sectors including (household and commercial, industry, transportation and agriculture sectors) for Iran during 1967 2010 using the time series technique known as the Toda-Yamamoto method. Moreover, an error correction model is also estimated so that the results of these two methods are compared. We found a strong unidirectional causality from energy consumption in industry sector to real gross domestic product. Energy consumption in industry sector can observably promote the development of economy.

Suggested Citation

  • Ali A. Naji Meidani & Maryam Zabihi, 2014. "Energy Consumption and Real GDP in Iran," International Journal of Energy Economics and Policy, Econjournals, vol. 4(1), pages 15-25.
    • Handle: RePEc:eco:journ2:2014-01-2
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/ijeep/article/view/534/379
    Download Restriction: no
    File URL: http://www.econjournals.com/index.php/ijeep/article/view/534
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammad Fikry Hadi & Muhammad Hidayat & Dwi Widiarsih & Neng Murialti, 2021. "The Role of Electricity and Energy Consumption Influences Industrial Development between Regions in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 403-408.
    2. Samir, Saidi & Shahbaz, Muhammad & Akhtar, Pervaiz, 2018. "The Long-Run Relationship between Transport Energy Consumption and Transport Infrastructure on Economic Growth in MENA Countries," MPRA Paper 85037, University Library of Munich, Germany, revised 06 Mar 2018.
    3. Wen-Chi Liu, 2020. "The Relationship between Primary Energy Consumption and Real Gross Domestic Product: Evidence from Major Asian Countries," Sustainability, MDPI, vol. 12(6), pages 1-16, March.
    4. Rusiadi Rusiadi & Muhammad Hidayat & Dewi Mahrani Rangkuty & Kiki Farida Ferine & Jumadil Saputra, 2024. "The Influence of Natural Resources, Energy Consumption, and Renewable Energy on Economic Growth in ASEAN Region Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 14(3), pages 332-338, May.
    5. Saidi, Samir & Shahbaz, Muhammad & Akhtar, Pervaiz, 2018. "The long-run relationships between transport energy consumption, transport infrastructure, and economic growth in MENA countries," Transportation Research Part A: Policy and Practice, Elsevier, vol. 111(C), pages 78-95.

    More about this item

    Keywords

    energy consumption; real GDP; causality; Iran.;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2014-01-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.