Energy consumption and the size of the informal economy
Economics, cilt.10, 2016 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 10
- Basım Tarihi: 2016
- Doi Numarası: 10.5018/economics-ejournal.ja.2016-14
- Dergi Adı: Economics
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
- Anahtar Kelimeler: Informal sector, energy consumption, panel data
- Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
- Boğaziçi Üniversitesi Adresli: Evet
Özet
In this paper, the authors empirically investigate the relationship between energy consumption and the size of the informal economy. Relying on panel data regression models, their results show that at the aggregate level, energy intensity is inversely related to the size of the informal sector, providing actual empirical evidence on the presence of high labor and low capital intensity in the informal economy. Furthermore, the authors also find some support towards the presence of non-linearity and asymmetry in this relationship.