Financial Development, Economic Growth and Renewable Energy Consumption in Russia: A Vector Error Correction Approach

<p>This article aims to explore the causal relationship between financial development, economic growth and renewable energy consumption on the example of Russia. Using data from 1990 to 2014, we build the vector error correction model to determine the nature of short-term and long-term relatio...

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Bibliographic Details
Main Authors: Dmitry Burakov, Max Freidin
Format: Article
Language:English
Published: EconJournals 2017-12-01
Series:International Journal of Energy Economics and Policy
Online Access:https://www.econjournals.com/index.php/ijeep/article/view/5567