The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression

© Springer Nature Switzerland AG 2019. Energy consumption and economic growth relationship is an important global issue. Thus, in this study, we investigate the energy and economy nexus in the five major emerging national economies or BRICS countries, namely, Brazil, Russia, India, China and South A...

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Main Authors: Wilawan Srichaikul, Woraphon Yamaka, Songsak Sriboonchitta
Format: Book Series
Published: 2019
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Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85065606709&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/65534
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-655342019-08-05T04:35:05Z The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression Wilawan Srichaikul Woraphon Yamaka Songsak Sriboonchitta Computer Science © Springer Nature Switzerland AG 2019. Energy consumption and economic growth relationship is an important global issue. Thus, in this study, we investigate the energy and economy nexus in the five major emerging national economies or BRICS countries, namely, Brazil, Russia, India, China and South Africa over the period 1990 to 2016 using Panel Quantile Bayesian regression approach. The results show that the effect of energy consumption on economic growth is positive and significant at the 95% Bayesian credible interval level for all quantiles. Meanwhile, other control variables are not statistically significant in affecting the energy consumption. 2019-08-05T04:35:05Z 2019-08-05T04:35:05Z 2019-01-01 Book Series 1860949X 2-s2.0-85065606709 10.1007/978-3-030-04200-4_61 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85065606709&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/65534
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Computer Science
spellingShingle Computer Science
Wilawan Srichaikul
Woraphon Yamaka
Songsak Sriboonchitta
The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
description © Springer Nature Switzerland AG 2019. Energy consumption and economic growth relationship is an important global issue. Thus, in this study, we investigate the energy and economy nexus in the five major emerging national economies or BRICS countries, namely, Brazil, Russia, India, China and South Africa over the period 1990 to 2016 using Panel Quantile Bayesian regression approach. The results show that the effect of energy consumption on economic growth is positive and significant at the 95% Bayesian credible interval level for all quantiles. Meanwhile, other control variables are not statistically significant in affecting the energy consumption.
format Book Series
author Wilawan Srichaikul
Woraphon Yamaka
Songsak Sriboonchitta
author_facet Wilawan Srichaikul
Woraphon Yamaka
Songsak Sriboonchitta
author_sort Wilawan Srichaikul
title The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
title_short The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
title_full The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
title_fullStr The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
title_full_unstemmed The effect of energy consumption on economic growth in brics countries: Evidence from panel quantile bayesian regression
title_sort effect of energy consumption on economic growth in brics countries: evidence from panel quantile bayesian regression
publishDate 2019
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85065606709&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/65534
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