masoud nonejad - Associate professor of management and ecconomy faculty, Islamic Azad University of Shiraz
Sarvoldin Fathi - MA of economic sciences, Islamic Azad University of Shiraz branch

The study of the reasons of economic growth is of great importance and it is always considered by many economists. Improving life quality of people and increasing public welfare are the goals of various governments in the world and economic growth is one of the important factors in achieving these goals. Thus,searching about the factors effective on economic growth is of great importance. The present study evaluated the relationship between energyconsumption and economic growth in Iran and time series data were used during 2009-1971. To estimate model, vector error correction model (VECM)is used. The results showed that there is a two-way causal short-term and longterm relationship between energy consumption and economic growth.

Energy consumption, economic growth, Iran, Granger causality relation, VECM