OECD VE BRIC ÜLKELERININ ENERJI GÖSTERGELERI AÇISINDAN ÇOK BOYUTLU ÖLÇEKLEME ANALIZI ILE KARSILASTIRILMASI/COMPARISON OF OECD AND BRIC COUNTRIES IN TERMS OF ENERGY INDICATORS USING MULTIDIMENSIONAL SCALING ANALYSIS

Energy use is one of the most important factor affecting economic development. Energy, however, is expensive input in industry production therefore using of energy sources and policies which will be followed has been critically important for the countries. Today, OECD Countries are leader in energy...

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Bibliographic Details
Published inInstitute of Business Administration-Management Journal / Isletme Iktisadi Enstitüsü Yönetim Dergisi no. 77; p. 119
Main Author Tezcan, Nuray
Format Journal Article
LanguageTurkish
Published Istanbul Istanbul Universitesi, Isletme Iktisadi Enstitusu (Istanbul University, Graduate School of Business) 01.01.2015
Subjects
Economic development
Economic indicators
Energy consumption
Energy industry
Energy policy
Gasoline
Studies
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Summary:Energy use is one of the most important factor affecting economic development. Energy, however, is expensive input in industry production therefore using of energy sources and policies which will be followed has been critically important for the countries. Today, OECD Countries are leader in energy production and consumption, but BRIC Countries which are fast-growing and developing countries participate this situation. The aim of this study is to compare OECD and BRIC Countries in terms of energy indicators using multidimensional scaling analysis. In this study, basic indicators such as energy production and consumption, electricity production and consumption, energy imports, fossil fuel energy consumption and alternative and nuclear energy were used to carry out analysis. According to results obtained from analysis, U.S.A., Sweden, Norway, Iceland and China are disparity countries while U.S.A. and BRIC countries except India are similar countries in terms of energy indicators employed. This result confirms that BRIC Countries, especially China, play important role in energy markets
ISSN:1302-4221