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| Salman Haider, Masudul Hasan Adil and Aadil Ahmad Ganaie |
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| ''Does industrialisation and urbanisation affect energy consumption: A relative study of India and Iran?'' |
| ( 2019, Vol. 39 No.1 ) |
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| This study investigates the dynamic impact of industrialisation and urbanisation on energy consumption including economic growth in a multivariate framework. For this purpose, autoregressive distributed lag model (ARDL) is employed. ARDL bounds testing approach shows that there exists long-run relationship among the variables. Using data for the Indian and Iranian economy from 1971 to 2013, the study found a differential impact of urbanisation and industrialisation on energy consumption in both countries, also they are the key driver for increasing energy demand. Long-run coefficients of urbanisation and industrialisation being statistically significant suggest that these variables have implications in framing the energy policy. |
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| Keywords: Industrialisation, Urbanization, ARDL, Energy consumption, India and Iran |
JEL: Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics: General
Q5 - Environmental Economics: General |
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| Manuscript Received : Dec 03 2018 | | Manuscript Accepted : Feb 02 2019 |
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