How energy consumption affects economic development in select African countries
Saida Zaidi (),
Samia Gmiden () and
Kais Saidi ()
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Saida Zaidi: University of Sfax
Samia Gmiden: University of Sfax
Kais Saidi: University of Sfax
Quality & Quantity: International Journal of Methodology, 2018, vol. 52, issue 1, 501-513
Abstract The purpose of this study is to examine the causality between economic development (GDP), oil and gas consumption and in the case of eight countries over the period of 1980–2011. This study used the fully modified OLS. The findings support the conservative hypothesis; there is a relationship of causality going of the energy to the economic growth for the group countries except South Africa. The effect of oil and gas varies from a country to another one. The results provide evidence of feedback causality in Tunisia and Egypt.
Keywords: Economic growth; Oil; Gas; Co-integration test; FMOLS; DOLS (search for similar items in EconPapers)
JEL-codes: O1 Q31 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:qualqt:v:52:y:2018:i:1:d:10.1007_s11135-017-0480-0
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