scholarly journals A Structural VAR Analysis of Electrical Energy Consumption and Real Gross Domestic Product: Evidence from Turkey

Author(s):  
Sabri Azgun
2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.


2021 ◽  
pp. 1-15
Author(s):  
Fernanda P. Mota ◽  
Cristiano R. Steffens ◽  
Diana F. Adamatti ◽  
Silvia S. Da C Botelho ◽  
Vagner Rosa

2012 ◽  
Vol 16 (3) ◽  
pp. 131
Author(s):  
Didik Ariwibowo

Didik Ariwibowo, in this paper explain that energy audit activities conducted through several phases, namely: the initial audit, detailed audit, analysis of energy savings opportunities, and the proposed energy savings. Total energy consumed consists of electrical energy, fuel, and materials in this case is water. Electrical energy consumption data obtained from payment of electricity accounts for a year while consumption of fuel and water obtained from the payment of material procurement. From the calculation data, IKE hotels accounted for 420.867 kWh/m2.tahun, while the IKE standards for the hotel is 300 kWh/m2.tahun. Thus, IKE hotel included categorized wasteful in energy usage. The largest energy consumption on electric energy consumption. Largest electric energy consumption is on the air conditioning (AC-air conditioning) that is equal to 71.3%, and lighting and electrical equipment at 27.28%, and hot water supply system by 4.44%. Electrical energy consumption in AC looks very big. Ministry of Energy and Mineral Resources of the statutes, the profile of energy use by air conditioning at the hotel by 48.5%. With these considerations in the AC target for audit detail as the next phase of activity. The results of a detailed audit analysis to find an air conditioning system energy savings opportunities in pumping systems. Recommendations on these savings is the integration of automation on the pumping system and fan coil units (FCU). The principle of energy conservation in the pumping system is by installing variable speed drives (VSD) pump drive motor to adjust speed according to load on the FCU. Load variations FCU provide input on the VSD pumps to match. Adaptation is predicted pump can save electricity consumption up to 65.7%. Keywords: energy audit, IKE, AC


2014 ◽  
Vol 675-677 ◽  
pp. 1880-1886 ◽  
Author(s):  
Pedro D. Silva ◽  
Pedro Dinis Gaspar ◽  
J. Nunes ◽  
L.P.A Andrade

This paper provides a characterization of the electrical energy consumption of agrifood industries located in the central region of Portugal that use refrigeration systems to ensure the food safety. The study is based on the result analysis of survey data and energy characteristics of the participating companies belonging to the following agrifood sectors: meat, dairy, horticultural, distribution and wine. Through the quantification of energy consumption of companies is possible to determine the amount of greenhouse gases (GHGs) emissions indexed to its manufacturing process. Comparing the energy and GHGs emissions indexes of companies of a sector and between sectors is possible to create reference levels. With the results of this work is possible to rating the companies in relation to reference levels of energy and GHGs emissions and thus promote the rational use of energy by the application of practice measures for the improvement of the energy efficiency and the reduction of GHGs emissions.


This study examines financial deepening, financial intermediation and Nigerian economic growth. The main purpose is to examine the relationship between financial deepening and Nigerian economic growth while the specific objectives are to examine the impact of interest rate, capital market development, rational savings, credit to private sector and broad money supply on the growth of Nigerian. Secondary data of the variables were sourced from the publications of Central Bank of Nigeria (CBN) from 1981-2017. Nigerian Real Gross Domestic Product (RGDP) was used as dependent variable while Broad money supply (M2), Credit to Private Sector (CPS), National Savings (NS), Capital Market Capitalization (CAMP) and Interest Rate (INTR) was used as independent variables. Multiple regressions with E-view statistical package were used as data analysis techniques. Cointegration test, Augmented Dickey Fuller Unit Root Test, Granger causality test was used to determine the relationship between the variable in the long-run and short-run. R2, F – statistics and β Coefficients were used to determine the extent to which the independent variable affects the dependent variable. It was found from the regression result that Broad Money Supply, credit to private sector have position effect on the growth of Nigerian Real Gross Domestic Product while National Savings, Capitalization and Interest Rate on Nigeria Real Gross Domestic Product. The co-integration test revealed presence of long-run relationship among the variables, the stationary test indicated stationarity of the variables at level. The Granger Causality Test found bi – variant relationship from the dependent to the independent and from the independent to the dependent variables. The regression summary found 99.0% explained variation, 560.5031, F – statistics and probability of 0.00000. From the above, the study concludes that financial deepening has significant relationships with Nigerian economic growth. We recommend that government and the financial sector operators should make policies that will further deepen the functions of the financial system to enhance Nigerian economic growth.


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