Enerji Tüketimi, Finansal Gelişme Ve Ekonomik Büyüme İlişkisi: Hindistan Örneklemi.

This study aims to investigate the relationships among energy consumption, financial development and economic growth with the sample of India between 1970-2013. Granger causality test, Johansen cointegration test and long term analysis are used for empirical analysis. According to the results of the causality test, there is a causality from economic growth to energy consumption, while there is no causality from energy consumption to economic growth. Also a causality has been found from economic growth to financial development. According to the cointegration test there is cointegration between the series. As a result of the long and short term analysis, it has been seen that 1% increase of energy consumption increases the economic growth 0.98% for long term.Also it has been identified that 1% increase of financial development increases the economic growth 0.18% for long term. [ABSTRACT FROM AUTHOR]