We investigate whether the degree of energy dependency of countries influences their macroeconomic performance in terms of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs depending on a country's degree of energy dependency. There are...

Energy, just like any other factors of production, plays a vital role in boosting economic growth of nations. Recently, due to the outbreak of war between Ukraine and Russia, instabilities in all world economies have been observed. Russia is one of the largest suppliers of energy in the world,...

Energy security has increasingly become a significant concern of the international community and national security strategy. Based on the data from fifty-nine countries between 2000 and 2018, this paper quantitatively measures the impact of energy security on economic growth. The empirical...