The Impact of Energy Consumption on Economic Development in North Africa: A Long-Term Dynamics Analysis Using the ARDL Approach

Allal Zahir (), Zineb Aarich (), Yassine Oubahou (), Hassan Bouazid (), Hassan Rehaimi () and Khalid Elouafa ()
Additional contact information
Allal Zahir: Laboratory for Studies and Research in Economic Sciences and Management (LERSEM), Faculty of Legal, Economic and Social Sciences of Aït Melloul, Ibn Zohr University, Aït Melloul, Morocco
Zineb Aarich: Laboratory for Studies and Research in Economic Sciences and Management (LERSEM), Faculty of Legal, Economic and Social Sciences of Aït Melloul, Ibn Zohr University, Aït Melloul, Morocco
Yassine Oubahou: Laboratory of Innovation, Responsibility and Sustainable Development, Faculty of Law, Economics and Social Sciences, Cadi Ayyad University (UCA), Marrakech, Morocco
Hassan Bouazid: Laboratory for Studies and Research in Economic Sciences and Management (LERSEM), Faculty of Legal, Economic and Social Sciences of Aït Melloul, Ibn Zohr University, Aït Melloul, Morocco
Hassan Rehaimi: Laboratory for Studies and Research in Economic Sciences and Management (LERSEM), Faculty of Legal, Economic and Social Sciences of Aït Melloul, Ibn Zohr University, Aït Melloul, Morocco
Khalid Elouafa: Laboratory of Innovation, Responsibility and Sustainable Development, Faculty of Law, Economics and Social Sciences, Cadi Ayyad University (UCA), Marrakech, Morocco

International Journal of Energy Economics and Policy, 2025, vol. 15, issue 5, 419-426

Abstract: This article examines the relationship between economic development and renewable energy consumption in North Africa. The main objective is to analyze the impact of this consumption on economic growth in this region, taking into account other macroeconomic variables. To do this, we use data covering the period from 1990 to 2023 and apply the Autoregressive Distributed Lag (ARDL) model to explore the short- and long-term dynamics between the variables studied. Empirical results reveal that renewable energy consumption and inflation have a negative and statistically significant effect on economic development. In contrast, investment and trade openness exert a positive and significant influence on the latter. These results highlight the importance of a well-managed energy transition. They suggest that public authorities should strengthen policies promoting the adoption of renewable energies, while ensuring their effective integration into the economic fabric to maximize their positive impact on growth.

Keywords: Economic Development; Economic Growth; Renewable Energy; Investment; Trade Openness; North Africa (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/19961/9162 (application/pdf)

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:eco:journ2:v:15:y:2025:i:5:id:19961

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijeep

DOI: 10.32479/ijeep.19961

Access Statistics for this article

More articles in International Journal of Energy Economics and Policy from International Journal of Energy Economics and Policy
Bibliographic data for series maintained by Monica Sinhat ().