Energy Consumption and Economic Growth: Empirical Evidence from MENA Region

<p>This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over the period 1987–2019 by using bivariate Vector Auto-regression model and Granger causality approach. This study shows the existence of unidirectional, bidirectional or no...

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Autor principal:	Najia Saqib
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/52f7ec55eb22475fb7d6918c13a48425
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spelling	oai:doaj.org-article:52f7ec55eb22475fb7d6918c13a484252021-11-12T07:27:31ZEnergy Consumption and Economic Growth: Empirical Evidence from MENA Region2146-4553https://doaj.org/article/52f7ec55eb22475fb7d6918c13a484252021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11931https://doaj.org/toc/2146-4553<p>This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over the period 1987–2019 by using bivariate Vector Auto-regression model and Granger causality approach. This study shows the existence of unidirectional, bidirectional or no causal relationship between energy consumption and economic growth of different countries in MENA Region. The study also suggests the environmental and energy policies should recognize the relationship between energy consumption and economic growth in order to maintain sustainable economic growth in MENA region.</p><p><strong>Keywords: </strong>Energy consumption, Economic growth, Causality, Cointegration,</p><p><strong>JEL Classifications: </strong>C3, O4, Q43</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11931">https://doi.org/10.32479/ijeep.11931</a></p>Najia SaqibEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 191-197 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Najia Saqib Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
description	<p>This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over the period 1987–2019 by using bivariate Vector Auto-regression model and Granger causality approach. This study shows the existence of unidirectional, bidirectional or no causal relationship between energy consumption and economic growth of different countries in MENA Region. The study also suggests the environmental and energy policies should recognize the relationship between energy consumption and economic growth in order to maintain sustainable economic growth in MENA region.</p><p><strong>Keywords: </strong>Energy consumption, Economic growth, Causality, Cointegration,</p><p><strong>JEL Classifications: </strong>C3, O4, Q43</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11931">https://doi.org/10.32479/ijeep.11931</a></p>
format	article
author	Najia Saqib
author_facet	Najia Saqib
author_sort	Najia Saqib
title	Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
title_short	Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
title_full	Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
title_fullStr	Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
title_full_unstemmed	Energy Consumption and Economic Growth: Empirical Evidence from MENA Region
title_sort	energy consumption and economic growth: empirical evidence from mena region
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/52f7ec55eb22475fb7d6918c13a48425
work_keys_str_mv	AT najiasaqib energyconsumptionandeconomicgrowthempiricalevidencefrommenaregion
_version_	1718431106306408448

Energy Consumption and Economic Growth: Empirical Evidence from MENA Region

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