摘要:This study investigates the dynamic impact of industrialisation and urbanisation on energy consumption including
economic growth in a multivariate framework. For this purpose, autoregressive distributed lag model (ARDL) is
employed. ARDL bounds testing approach shows that there exists long-run relationship among the variables. Using
data for the Indian and Iranian economy from 1971 to 2013, the study found a differential impact of urbanisation and
industrialisation on energy consumption in both countries, also they are the key driver for increasing energy demand.
Long-run coefficients of urbanisation and industrialisation being statistically significant suggest that these variables have
implications in framing the energy policy.