Energy Trajectory Efficiency In Europe And Eurasia:, A Dynamic Panel Data Models Analysis

Abstract

World energy consumption alludes to the aggregate energy utilized by all ofhuman civilization. As per the International Energy Agency (IEA), the worldwideenergy consumption has been becoming relentlessly finished the last decade; where itconstitutes one of the main parts with the quickest developing on the planet. Thisinvestigation examinations the connection between global energy consumption anddiverse perspectives. The outcomes demonstrate a noteworthy way, which is a cointegrating connection between energy consumption and the variables package. Theoutcomes likewise show bidirectional, unidirectional and neutral causality betweenenergy consumption and a few factors, which could be a decent tool to prioritize theallocation of assets crosswise over businesses to guarantee a superior fiery strategy byand large and monetary results.