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Information Journal Paper

Title

Economic Growth and Energy Consumption: New Evidence Using a Continuous Wavelet Approach

Pages

  223-248

Abstract

 This study examines the relationship between Energy Consumption and Economic Growth in the Iranian economy. To that end, a wavelet transformation technique is used, which allows us to combine the time domain and frequency domain characteristics of two time series together. Using this approach and data for the period 1991: 2 – 2017: 1, this study tries to overcome the shortcomings of standard econometrics and shed more light on the relationship between Energy Consumption and Economic Growth in Iran. The results show a short-term causality effect from Energy Consumption to Economic Growth only in the early 1990s. There is not any significant relationship between Energy Consumption and Economic Growth in the long run. Therefore, adopting Energy Consumption management policies to protect the environment and natural resources, can reduce Energy Consumption without hindering Economic Growth in Iran.

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    APA: Copy

    FALLAHI, FIROUZ, POUREBADOLLAHAN COVICH, MOHSEN, SADEGHI, SEYED KAMAL, & shokri, tohid. (2022). Economic Growth and Energy Consumption: New Evidence Using a Continuous Wavelet Approach. ENERGY ECONOMICS REVIEW, 17(71 ), 223-248. SID. https://sid.ir/paper/957267/en

    Vancouver: Copy

    FALLAHI FIROUZ, POUREBADOLLAHAN COVICH MOHSEN, SADEGHI SEYED KAMAL, shokri tohid. Economic Growth and Energy Consumption: New Evidence Using a Continuous Wavelet Approach. ENERGY ECONOMICS REVIEW[Internet]. 2022;17(71 ):223-248. Available from: https://sid.ir/paper/957267/en

    IEEE: Copy

    FIROUZ FALLAHI, MOHSEN POUREBADOLLAHAN COVICH, SEYED KAMAL SADEGHI, and tohid shokri, “Economic Growth and Energy Consumption: New Evidence Using a Continuous Wavelet Approach,” ENERGY ECONOMICS REVIEW, vol. 17, no. 71 , pp. 223–248, 2022, [Online]. Available: https://sid.ir/paper/957267/en

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