Energy Consumption and Economic Growth: Empirical Evidence from MENA Region

Najia Saqib
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Najia Saqib: Department of Finance, College of Business Administration, Prince Sultan University, P.O. Box No. 66833, Rafha Street, Riyadh, 11586, Saudi Arabia

International Journal of Energy Economics and Policy, 2021, vol. 11, issue 6, 191-197

Abstract: 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.

Keywords: Energy consumption; Economic growth; Causality; Cointegration (search for similar items in EconPapers)
JEL-codes: C3 O4 Q43 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2021-06-22

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