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Abstract


The Relation between Economic Growth and Energy Consumption in BRICS and MINT Countries
The relations between economic growth and energy consumption are being discussed extensively in the literature. However, there is no conclusive evidence for the relationship between these two variables. In recent years, researchers have been studying these relationships in developing countries. In this study, the relationship between energy consumption and economic growth for BRICS and MINT countries was investigated using the Westerlund (2008) cointegration tests for the period 1990-2014. According to the cointegration test, there is a cointegrating relationship between economic growth and energy consumption for BRICS and MINT countries.

Keywords
Economic growth, energy consumption, BRICS, MINT, cointegration.


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