Determinants of Energy Consumption in Egypt New Approach

Mohammed Galal Abdallah Mostafa and Mousa Gowfal Selmey Gowfal Selmey
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Mohammed Galal Abdallah Mostafa: Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.
Mousa Gowfal Selmey Gowfal Selmey: Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 2, 175-180

Abstract: In Egypt, policymakers are particularly concerned about energy consumption. So, the goal of this study is to look into the factors that influence Egyptian energy consumption. The study applied a new approach known artificial neural network from 2000 to 2020 to achieve this goal. according to the results of this study, global energy prices are the most important determinants of Egyptian energy consumption, followed by economic growth and trade openness. Other factors such as population growth, inflation, urbanization and industrialization, which have been highlighted in other papers, are not determinants of Egyptian energy consumption. this research recommends that need to follow policies that rationalize energy consumption and improve the efficiency of its use.

Keywords: Energy Consumption; Artificial neural network; Determinants; Egypt (search for similar items in EconPapers)
JEL-codes: O13 O20 Q43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-02-19

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