THE ROLE OF ENERGY IN VALUE ADDED OF INDUSTRY SECTOR: A CASE STUDY OF THE SELECTED OIC COUNTRIES

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PAYTAKHTI OSKOOE SEYYED ALI; TABAGHCHI AKBARI LALEH

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Journal: JOURNAL OF ENERGY PLANNING AND POLICY RESEARCH Year:2016 | Volume:1 | Issue:1 Page(s): 139-155

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Title

THE ROLE OF ENERGY IN VALUE ADDED OF INDUSTRY SECTOR: A CASE STUDY OF THE SELECTED OIC COUNTRIES

Author(s)

PAYTAKHTI OSKOOE SEYYED ALI | TABAGHCHI AKBARI LALEH | Issue Writer Certificate

Keywords

ENERGY CONSUMPTION

INDUSTRY

PANEL COINTEGRATION

Abstract

Examining the behavior of ENERGY CONSUMPTION in various economic sectors is a major step to plan ENERGY CONSUMPTION management. INDUSTRY sector is the most important and influential economic sectors and most economists consider the INDUSTRY sector as the engine of economic growth. In this paper, the impacts of ENERGY CONSUMPTION of the industrial sector (in the form of a mix of energy sources from fossil fuels including coal, petroleum products and natural gas) on the value added of INDUSTRY sector have been studied for selected 8 of OIC countries during the period 1998-2011.To estimate the effects of variables, PANEL COINTEGRATION techniques with the dynamic ordinary least squares (DOLS) approach has been employed. The results suggest that a significant and positive impact of ENERGY CONSUMPTION on the value added of industrial sector in these countries and plays a determinant role in creating value added in this sector.

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APA: Copy

PAYTAKHTI OSKOOE, SEYYED ALI, & TABAGHCHI AKBARI, LALEH. (2016). THE ROLE OF ENERGY IN VALUE ADDED OF INDUSTRY SECTOR: A CASE STUDY OF THE SELECTED OIC COUNTRIES. JOURNAL OF ENERGY PLANNING AND POLICY RESEARCH, 1(1 ), 139-155. SID. https://sid.ir/paper/266333/en

Vancouver: Copy

PAYTAKHTI OSKOOE SEYYED ALI, TABAGHCHI AKBARI LALEH. THE ROLE OF ENERGY IN VALUE ADDED OF INDUSTRY SECTOR: A CASE STUDY OF THE SELECTED OIC COUNTRIES. JOURNAL OF ENERGY PLANNING AND POLICY RESEARCH[Internet]. 2016;1(1 ):139-155. Available from: https://sid.ir/paper/266333/en

IEEE: Copy

SEYYED ALI PAYTAKHTI OSKOOE, and LALEH TABAGHCHI AKBARI, “THE ROLE OF ENERGY IN VALUE ADDED OF INDUSTRY SECTOR: A CASE STUDY OF THE SELECTED OIC COUNTRIES,” JOURNAL OF ENERGY PLANNING AND POLICY RESEARCH, vol. 1, no. 1 , pp. 139–155, 2016, [Online]. Available: https://sid.ir/paper/266333/en

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