000			01807nam a22001457a 4500
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100			_aEyuboglu, Sinem Uzar, Umut and Alola, Andrew Adewale _960166
245			_aNew emerging market economies and the roles of energy use, financial development and socioeconomic aspects
260			_aJournal of Social and Economic Development
300			_a27(3), Dec, 2025: p.1061-1080
520			_aIn recent years, emerging market economies have consistently achieved growth rates above the world average. In this study, the nexus among economic growth, energy consumption, industrialization, financial development, trade openness, and urbanization were tested over the period 1995–2019 for selected emerging countries (Colombia, India, Indonesia, Kenya, Malaysia, Mexico and Poland). The main findings of this study are as follows: The results showed that energy consumption, industrialization, and financial development positively affected economic growth for the entire panel. While trade openness negatively affected economic growth, urbanization was statistically insignificant. The Dumitrescu and Hurlin causality test results indicate bidirectional causality between energy consumption and economic growth. Economic growth and energy consumption are the causes of industrialization. Thus, it can be concluded that a low-cost energy supply will help maintain economic performance with incentive policies such as tax deductions and credits provided for producers in the examined countries.-Reproduced https://link.springer.com/article/10.1007/s40847-024-00385-x
650			_aEnergy consumption, Industrialization, Economic growth, Emerging market countries, Panel data _960167
773			_aJournal of Social and Economic Development
942			_cAR