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Energy Consumption-Youth Unemployment Nexus in Europe: Evidence from Panel Cointegration and Panel Causality Analyses.      
Yazarlar
Faik Bilgili
Erciyes Üniversitesi, Türkiye
İlhan Öztürk
Çağ Üniversitesi, Türkiye
Emrah Koçak
Ahi Evran Üniversitesi, Türkiye
Prof. Dr. Ümit BULUT
Ahi Evran Üniversitesi, Türkiye
Özet
This paper employs a panel data set of 20 European countries and examines the impacts of energy consumption on youth unemployment over the period 1990-2011. We follow panel fully modified ordinary least squares (FMOLS) and panel dynamic ordinary least squares (DOLS) estimations, panel Granger causality tests based on vector error correction model and panel causality tests of Emirmahmutoglu and Kose (2011) and Dumitrescu and Hurlin (2012). According to the panel FMOLS and DOLS estimators results, there is negative impact of energy consumption on youth unemployment rates. In addition, the causality tests yield unidirectional causality from energy consumption to youth unemployment rates. The outcome of this paper explores the importance of energy policies to decrease youth unemployment rates and, hence, it may suggests policymakers follow relevant policies encouraging energy consumption and new potential energy investments to diminish youth unemployment rates.
Anahtar Kelimeler
Energy consumption | European union | Panel analysis | Youth unemployment
Makale Türü Özgün Makale
Makale Alt Türü SCOPUS dergilerinde yayımlanan tam makale
Dergi Adı International Journal of Energy Economics and Policy
Dergi ISSN 2146-4553
Dergi Tarandığı Indeksler Scopus
Makale Dili İngilizce
Basım Tarihi 04-2017
Cilt No 7
Sayı 2
Sayfalar 193 / 201
Makale Linki https://dergipark.org.tr/en/pub/ijeeep/issue/31921/351196
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
SCOPUS 11
Google Scholar 24

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