Does more energy consumption bolster economic growth? An application of the nonlinear threshold regression model

Energy Policy ◽  
2008 ◽  
Vol 36 (2) ◽  
pp. 755-767 ◽  
Author(s):  
Bwo-Nung Huang ◽  
M.J. Hwang ◽  
C.W. Yang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Regression Model ◽  
Threshold Regression ◽  
Threshold Regression Model

scholarly journals Panel threshold regression model analysis of real effective exchange rate impact on the Arab Maghreb Union economic growth

2021 ◽  
Vol 5 (1) ◽  
pp. 51-78
Author(s):  
Helali Kamel
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Regression Model ◽  
Real Effective Exchange Rate ◽  
Threshold Regression ◽  
Effective Exchange ◽  
The Exchange Rate ◽  
Threshold Regression Model ◽  
Effective Exchange Rate ◽  
Panel Threshold Regression

The purpose of this article was to explain the asymmetry of real effective exchange rate (REER) impact on economic growth for the Arab Maghreb Union during the period 1980-2019. This work sought to measure the adjustment rate of the exchange rate policy towards its equilibrium levels, justifying the use of nonlinear modelling. The complexity of the exchange rate dynamics has led to the application of the Panel Threshold Regression Model to test the hypothesis testifying for its effect on domestic economic growth. The empirical results reveal that the REER shows opposite effects below and over the estimated threshold. This highlights the asymmetrical effect of unforeseen shocks on its volatility. JEL Classification: C33; F31; F43; O55; O57

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