This study aims to examine the relationship between energy consumption, gross domestic product, and population for the 1985-2015 period. The research questions for this study are as follows: (1) what is the association among energy consumption, GDP, population, and oil price? (2) Which suggestions can be provided based on the research findings? Unit root test, cointegration test, VECM model, and Granger causality are employed to analyze the association between the aforementioned variables. |
