( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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THE CYCLICAL LINKAGES BETWEEN fiNANCIAL DEVELOPMENT, ECONOMIC GROWTH, AND ENERGY CONSUMPTION IN INDIAN ECONOMY

    1 Author(s):  PEARL SHARMA

Vol -  15, Issue- 1 ,         Page(s) : 200 - 215  (2024 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

This article examines the cyclical relationship between financial development, energy consumption and economic growth in Indian Economy. The study employs panel GMM VAR method and panel data corresponding to 28 Indian states (excluding the Union Territories) from the 1990Q1 to 2022Q4.

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