Abstract:

Abstract This study analyzes the causality relationship between economic growth and energy production (Electricity and Thermal Energy) and technological investments in Kazakhstan between 1993 and 2020 using Cointegration and Vector Error Correction Models (VECM), and also performs impact analysis. Cointegration analysis was used to determine whether there is a long-term relationship between the variables that became stationary after the first difference. Energy production proved to be an important contributor to the economic growth of Kazakhstan. Compared to energy production, technology investments have a more decisive effect on economic growth. Therefore, the importance of technology investments for countries has been emphasized once again. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-11-28 How to Cite Myrzabekkyzy, K., Keneshbayev, B., Razakova, D. I., Kenzhebekova, I., & Pirmanova, Z. . (2022). Analysis of Causality Relationship Between the Economic Growth and the Energy Production and Technological Investments in Kazakhstan. International Journal of Energy Economics and Policy, 12(6), 123–126. https://doi.org/10.32479/ijeep.13508 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 6 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Dinmukhamed Kelesbayev, Kundyz Myrzabekkyzy, Artur Bolganbayev, Sabit Baimaganbetov, The Effects of the Oil Price Shock on Inflation: The Case of Kazakhstan , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Dinmukhamed Kelesbayev, Kundyz Myrzabekkyzy, Artur Bolganbayev, Sabit Baimaganbetov, The Impact of Oil Prices on the Stock Market and Real Exchange Rate: The Case of Kazakhstan , International Journal of Energy Economics and Policy: Vol. 12 No. 1 (2022) Artur Bolganbayev, Kundyz Myrzabekkyzy, Sabit Baimaganbetov, Dinmukhamed Kelesbayev, The Effect of Oil Prices on the Economic Growth of Oil Exporting Countries Bordering the Caspian Sea: Panel Data Analysis , International Journal of Energy Economics and Policy: Vol. 11 No. 6 (2021) Zhazira Taibek , Indira Kozhamkulova , Almas Kuralbayev , Bagdat K. Spanova , Kundyz Myrzabekkyzy, Analysis of the Effect of Oil and Energy Production on Health and Education Expenditures in Kazakhstan with Autoregressive Distributed Lag Method , International Journal of Energy Economics and Policy: Vol. 13 No. 2 (2023) Elmira Y. Zhussipova, Serikbay Saduakasuly Ydyrys, Ulmeken Makhanbetova, Gulzhanat Tayauova, Zhansulu Pirmanova, The Relationship between the Highest Prices and Trading Volume in the Share Indices of Energy and Oil Companies in Kazakhstan , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Tazhikul Mashirova, Karlygash Tastanbekova, Murat Nurgabylov, Gulnar Lukhmanova, Kundyz Myrzabekkyzy, Analysis of the Relationship between the Highest Price and the Trading Volume of the Energy Company Shares in Kazakhstan with Frequency Domain Causality Method , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023) Make a Submission Make a Submission Dergi Kapağı

Keywords: