Analysis of the Validity of Kuznets Curve of Energy Intensity among D-8 Countries: Panel-ARDL Approach

International Letters of Social and Humanistic Sciences 81:1-12 (2018)
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Publication date: 16 April 2018 Source: Author: Parto Fazli, Ebrahim Abbasi The objective of the study is to test experimentally the Kuznets curve of energy intensity in selected developing countries with the focus of D-8 countries during 1990-2014. According to the results, and by using the static and dynamic estimators and the Panel- ARDL model, the Kuznets curve was accepted for energy intensity and the per capita income threshold was estimated $3931.25. The urbanization rate and the degree of industrialization have a positive and significant effect on the GDP of consuming energy of D-8 countries in the long term. The most important policy recommendations were discussed for policy-makers and researchers.



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