A SURVEY OF ECONOMIC SHOCKS INFLUENCES ON THE ENERGY GROWTH RATE EFFICIENCY (CASE STUDY: OPEC COUNTRIES OIL REVENUES DURING 2000-2011)

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PEDRAM MEHDI; BASIRAT MEHDI; AMIRI MARYAM

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Journal: Financial Economics Year:2016 | Volume:9 | Issue:33 Page(s): 135-148

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Title

A SURVEY OF ECONOMIC SHOCKS INFLUENCES ON THE ENERGY GROWTH RATE EFFICIENCY (CASE STUDY: OPEC COUNTRIES OIL REVENUES DURING 2000-2011)

Author(s)

PEDRAM MEHDI | BASIRAT MEHDI | AMIRI MARYAM | Issue Writer Certificate

Keywords

PRODUCTIVITYQ2

ENERGY PRODUCTIVITYQ2

PANEL DATAQ2

Abstract

PRODUCTIVITY, especially energy PRODUCTIVITY, and its improvement is an inevitable requirement in each country. In this study, the effects of changes in energy prices, net investment and the share of value added on the growth rate of energy PRODUCTIVITY is discussed. As well as, by using Solow-Swan growth model, the energy PRODUCTIVITY convergence in the period 2000-2011 in a selection of OPEC countries is examined. For the data analysis, PANEL DATA is used. Based on results, factors affecting the growth rate of energy PRODUCTIVITY used in the research have significant effect on the growth rate of energy PRODUCTIVITY. In addition, we found that those countries with a lower induced consumption, they have higher growth rate in the long-term consumption.

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APA: Copy

PEDRAM, MEHDI, BASIRAT, MEHDI, & AMIRI, MARYAM. (2016). A SURVEY OF ECONOMIC SHOCKS INFLUENCES ON THE ENERGY GROWTH RATE EFFICIENCY (CASE STUDY: OPEC COUNTRIES OIL REVENUES DURING 2000-2011). JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), 9(33), 135-148. SID. https://sid.ir/paper/229314/en

Vancouver: Copy

PEDRAM MEHDI, BASIRAT MEHDI, AMIRI MARYAM. A SURVEY OF ECONOMIC SHOCKS INFLUENCES ON THE ENERGY GROWTH RATE EFFICIENCY (CASE STUDY: OPEC COUNTRIES OIL REVENUES DURING 2000-2011). JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT)[Internet]. 2016;9(33):135-148. Available from: https://sid.ir/paper/229314/en

IEEE: Copy

MEHDI PEDRAM, MEHDI BASIRAT, and MARYAM AMIRI, “A SURVEY OF ECONOMIC SHOCKS INFLUENCES ON THE ENERGY GROWTH RATE EFFICIENCY (CASE STUDY: OPEC COUNTRIES OIL REVENUES DURING 2000-2011),” JOURNAL OF FINANCIAL ECONOMICS (FINANCIAL ECONOMICS AND DEVELOPMENT), vol. 9, no. 33, pp. 135–148, 2016, [Online]. Available: https://sid.ir/paper/229314/en

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