Energy Consumption and Economic Growth in MENA: An Analysis Using the Bounds Testing Approach to Cointegration

Besma Talbi
Additional contact information
Besma Talbi: Polytechnic School of Tunisia, University of Carthage, Tunisia

Bulletin of Energy Economics (BEE), 2015, vol. 3, issue 3, 146-155

Abstract: This paper investigates the causal relationship between energy consumption and economic growth for Algeria, Egypt, Iran, Jordan, Morocco, Saudi Arabia, Tunisia and United Arab Emirates from 1975 to 2011. To examine this relationship, we use Autoregressive Distributed Lag (ARDL) bounds testing approach of cointegration and vector error-correction models. The cointegration test results show that there is no cointegration between the energy consumption and the economic growth in four countries (Algeria, Jordan, Tunisia and United Arab Emirates). Thus, causal relationship cannot be estimated for these countries. However, the cointegration and causal relationship is found in four countries (Egypt, Iran, Morocco and Saudi Arabia). The overall results indicate that there is no relationship between the energy consumption and the economic growth in most of the MENA countries. Further evidence indicates that policies for energy conservation can have a little or no impact on economic growth in most of the MENA countries..

Keywords: Growth; Energy; MENA countries (search for similar items in EconPapers)
JEL-codes: O4 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://tesdo.org/shared/upload/pdf/papers/BEE,%203_3_,%20146-155%20.pdf (application/pdf)
http://tesdo.org/journal_detail.php?paper_id=153&expand_year=2015 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ijr:beejor:v:3:y:2015:i:3:p:146-155

Access Statistics for this article

Bulletin of Energy Economics (BEE) is currently edited by Dr. Muhammad Shahbaz (PhD Applied Economics)

More articles in Bulletin of Energy Economics (BEE) from The Economics and Social Development Organization (TESDO) Contact information at EDIRC.
Bibliographic data for series maintained by Dr. Muhammad Shahbaz (PhD Applied Economics) ( this e-mail address is bad, please contact ).