scholarly journals Energy consumption, CO² emissions and economic growth in MENA countries

2020 ◽  
Vol 11 (1) ◽  
pp. 133-150
Author(s):  
Ali Maalej ◽  
Alexandre Cabagnols
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Co2 Reduction ◽  
Poor Countries ◽  
Mena Countries ◽  
Significant Relationships ◽  
Growth Energy ◽  
Rich Countries ◽  
The Impact ◽  
The Relationship

This study investigates the relationship between economic growth, final consumption, investment, energy use and CO² emissions in two groups of Middle East and North Africa (MENA) countries: Oil Poor Countries (OPC) and Oil Rich Countries (ORC). It is assumed and verified that the structural relationship between GDP growth, energy use and CO² emissions is different in these two groups of countries. FGLS panel estimations were carried out over the period 1974–2014. In ORC, no significant relationships are observed between energy use and GDP, whereas CO² emissions and GDP are positively linked. In OPC, there are opposite connections: a positive link between GDP and energy use, whereas the impact of CO² emissions on GDP tends to be negative. In both groups of countries, a positive and bi-directional link is observed between energy use and CO² emissions. The strength of this link is twice bigger in OPC than in ORC. This indicates that CO2 reduction policies conducted through energy use control (quantitative and qualitative) will have higher effect in OPC than in ORC. This also shows that the relationships between economic growth, energy use and CO² emissions differ noticeably and structurally between OPC and ORC. These results provide new insights into the opportunities and threats faced by CO2 reduction policies in OPCs and ORCs.

Does Aid Spur Economic Growth?

2016 ◽  
Vol 1 (1) ◽  
pp. 47
Author(s):  
Musa Talba JIBIR ◽  
Salamatu Idris ISAH ◽  
Bello A. IBRAHIM
Keyword(s):  
Economic Growth ◽  
Poverty Reduction ◽  
Basic Education ◽  
Health Care Facilities ◽  
Social Program ◽  
Economic Management ◽  
Poor Countries ◽  
Private And Public ◽  
Rich Countries ◽  
The Impact

<p>Development Assistance is based on the idea that Rich Countries can and should help Poor countries to find the path to sustainable economic growth and poverty reduction—especially those that lack sources of capital. The paper began by reviewing the various sources and composition of net capital flows to developing countries and examined the respective roles of private and public flows in social program it further discussed the arguments and evidence on both sides of the question of whether aid is effective in promoting economic growth. The evidence of a direct effect on growth is inconclusive. Does this mean that aid should be cut back? Not necessarily. The impact of Aid should be evaluated not only in relation to its direct effects, but also in terms of its role in improving governance and economic management, and its contribution to social amenities such as basic education, health care facilities and access, water and infant mortality.</p>

scholarly journals The Indirect Effect of Democracy on Economic Growth in the MENA Region (1990–2015)

2018 ◽  
Author(s):  
Shereen Nosier ◽  
Aya El-Karamani
Keyword(s):  
Economic Growth ◽  
Indirect Effect ◽  
Capital Accumulation ◽  
Trade Openness ◽  
Physical Capital ◽  
Mena Region ◽  
Poor Countries ◽  
Mena Countries ◽  
The One ◽  
Rich Countries

This paper examines the indirect effect of democracy on economic growth using a dataset of 17 MENA countries from 1990 to 2015. Democracy is assumed to affect growth through a series of channels: education, health, physical capital accumulation per labor, government consumption, and trade openness. A system of six simultaneous equations, 3SLS, is used to estimate the effect of democracy on growth through these channels. For further analysis, the countries are classified into groups according to the democratic status on the one side, and the level of income on the other. The results indicate that democracy enhances growth through its positive effect on health in all classifications of countries within the MENA region. However, the effect of democracy on growth through education and physical capital/labor is non-monotonic. Democracy always hinders growth through government size and trade openness. Once all of these indirect effects are accounted for, the overall effect of democracy on growth is negative in less democratic countries and poor countries, but positive in more democratic countries and rich countries.

scholarly journals Taxation and economic growth: A regression analysis based on a new classification

2021 ◽  
Vol 23 (3) ◽  
pp. 215-229
Author(s):  
Lich Hoang ◽  
Cao Tan ◽  
Le My ◽  
Dung Nguyen
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
Poor Countries ◽  
Goods And Services ◽  
Partitioning Around Medoids ◽  
Negative Effect ◽  
Group 3 ◽  
Rich Countries ◽  
The Impact

This paper examines the impact of taxes on the economic growth based on classifying countries by GDP per capita and a tax burden. The Partitioning Around Medoids (PAM) technique is used because it is not too sensitive to outliers. Through this multicriteria classification technique, the Generalized Method of Moments (GMM) is employed to analyze the data of the three groups consisting of 63 countries from 2003 to 2017. The results show that most taxes have a positive impact on economic growth in poor countries (Group 1). Interestingly, taxes on goods and services promote economic growth in rich countries (Group 3), rather than having a negative effect, as is concluded by some previous studies. Specially, while the property tax has a negative effect on economic growth in rich countries, its impact is significantly positive in poor countries.

scholarly journals The The Relationships between Economic growth, Energy Efficiency and CO2 Emissions: Results for the Euro Area

Ekonomika ◽  
2020 ◽  
Vol 99 (1) ◽  
pp. 6-25
Author(s):  
Violeta Klyviene ◽  
Angele Kedaitiene
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Co2 Emissions ◽  
Climate Change Mitigation ◽  
Macroeconomic Indicators ◽  
Growth Energy ◽  
The Right ◽  
The Impact ◽  
The Relationship ◽  
Change Mitigation

The article aims at ascertaining the relationship between indicators affecting the green economic growth of the Eurozone countries. Despite extensive research, scientists have not yet found a clear answer as to whether economic growth and climate change mitigation can be aligned. Another important aspect of the study was to investigate the possible effect of environmental policies on macroeconomic variables such as GDP, investment, employment, and trade. The authors of the article applied the PVAR econometric model to measure the impact of energy consumption, CO2 emissions, and some of the macroeconomic indicators on GDP growth in 19 countries of the Eurozone for years 2000–2016.Based on the results, we cannot yet state explicitly that economic growth in the Eurozone countries has been decoupled from climate change mitigation; however, green transition is on the right track.

scholarly journals Chinaʼs Economic Growth, Energy Efficiency, and Industrial Development: Nonlinear Effects on Carbon Dioxide Emissions

2021 ◽  
Vol 2021 ◽  
pp. 1-17
Author(s):  
Donghai Zhou ◽  
Binxia Chen ◽  
Jiahui Li ◽  
Yuanying Jiang
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Efficiency ◽  
Co2 Emissions ◽  
Industrial Development ◽  
Energy Use ◽  
Energy Use Efficiency ◽  
Use Efficiency ◽  
Growth Energy ◽  
The Impact

This paper analyzes the time-varying impacts of Chinaʼs economic growth, energy efficiency, and industrial development on carbon dioxide (CO2) emissions from 1970 to 2019. First, we examined and found that there are two significant structural changes in the CO2 sequence over the years, and there was a significant nonlinear relationship among the four. The first nonlinear structural model constructed is the TVP regression model. According to the Bayesian model comparison criterion, TVP-SV-VAR was selected as the second constructed model from four types of VAR models containing nonlinear structures. The results show that the conduction intensity value of energy use efficiency to CO2 emissions has increased year by year, from 0.45 in 1971 to 0.97 in 2019. The short-term transmission mechanism of energy use efficiency to carbon emissions is the most significant. The conduction intensity of Chinaʼs economic growth on CO2 emissions increases year by year. Chinaʼs economic growth plays a major role in long-term CO2 emission reduction. The impact of industrial development on CO2 emissions reached a peak of 0.34 in 1977, and the intensity of the impact has basically stabilized at 0.26.

scholarly journals The Indirect Effect of Democracy on Economic Growth in the MENA Region (1990–2015)

Economies ◽  
2018 ◽  
Vol 6 (4) ◽  
pp. 61 ◽  
Author(s):  
Shereen Nosier ◽  
Aya El-Karamani
Keyword(s):  
Economic Growth ◽  
Indirect Effect ◽  
Capital Accumulation ◽  
Trade Openness ◽  
Physical Capital ◽  
Mena Region ◽  
Poor Countries ◽  
Mena Countries ◽  
The One ◽  
Rich Countries

This paper examines the indirect effect of democracy on economic growth using a dataset of 17 MENA countries from 1990 to 2015. Democracy is assumed to affect growth through a series of channels: education, health, physical capital accumulation per labor, government consumption, and trade openness. A system of six simultaneous equations using 3SLS, is used to estimate the effect of democracy on growth through these channels. For further analysis, the countries are classified into groups according to the democratic status on the one side, and the level of income on the other. The results indicate that democracy enhances growth through its positive effect on health in all classifications of countries within the MENA region. However, the effect of democracy on growth through education and physical capital/labor is non-monotonic. Democracy hinders growth through government size and trade openness. Once all of these indirect effects are accounted for, the overall effect of democracy on growth is negative in less democratic countries and poor countries, but positive in more democratic countries and rich countries.

scholarly journals Energy Sources and Gross Domestic Product: International Evidence

2014 ◽  
Vol 53 (4II) ◽  
pp. 477-490 ◽  
Author(s):  
Waseem Ahmad ◽  
Tanvir Ahmed
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Energy Conservation ◽  
Energy Use ◽  
Output Growth ◽  
Point Of View ◽  
Energy Sources ◽  
Conservation Policies ◽  
The Impact ◽  
The Relationship

The relationship between energy consumption and economic growth received a significant amount of attention in energy economics literature [Al-Iraiani (2006)]. Rufael (2006) stated that different energy sources are a necessary requirement for economic and social development and no country in the world has progressed from subsistence economy without the use of energy. In this regard, four views have emerged over time about the relationship between energy consumption and output growth. One point of view is that energy is the prime source of value and other factors like labor and capital cannot do without energy. Many studies argue that the impact of energy use on growth depends on the structure of the economy and the stage of economic growth of the country concerned [Ghali and Sakka (2004)]. The bulk of the literature reports a uni-directional causality from energy consumption to economic growth. When the causality runs from energy consumption to economic growth, it is also called ‘growth hypothesis’. Table 1 provides a list of the studies, which show such results. It implies that an increase in energy consumption has a significant impact on economic growth and if it is positive, then energy conservation policies have a detrimental impact on economic growth. Alternatively, if an increase in energy consumption has significant negative impact on GDP, it implies that growing economy needs a less amount of energy consumption, may be due to shift towards less energy intensive sectors [Payne (2010)]. Second point of view is that economic growth has a positive influence on energy consumption. There may be uni–directional causality from economic growth to energy consumption. Table 1 displays a list of studies showing such results. When the causality runs from economic growth to energy consumption, it is often referred to as ‘conservation hypothesis’. It implies that energy conservation policies formulated to reduce energy consumption may not adversely affect economic growth. Third point of view is that the cost of energy use is very small compared to GDP and consequently its impact on economic growth is nonsignificant. There may be no causality between energy consumption and GDP; it is often referred to as ‘neutrality hypothesis”.

scholarly journals The Impact of Governance on Economic Growth and Human Development During Crisis in Middle East and North Africa

2019 ◽  
Vol 11 (8) ◽  
pp. 61
Author(s):  
Eman Hashem
Keyword(s):  
Economic Growth ◽  
Financial Crisis ◽  
Longitudinal Data ◽  
Human Development ◽  
Global Financial Crisis ◽  
Series Data ◽  
Mena Countries ◽  
Effect Model ◽  
The Impact ◽  
The Relationship

The aim of this paper is to determine the impact of governance on economic growth and human development in MENA countries. And whether the financial crisis affects the relationship between governance and Economic growth. So, this paper is based on data of 20 countries during the period (1996-2017) we used panel data (longitudinal data) which combines cross sectional data and time series data by applying the three longitudinal data model: pooled regression model, fixed effect model and random effect model. This paper found that there is no relationship between governance and economic growth in MENA countries and no impact of the global financial crisis in 2008 on the relationship between governance and economic growth. Also, the paper found that there is a significant relationship between governance and human development.

Electricity consumption and economic growth in ASEAN

2017 ◽  
Vol 5 (2) ◽  
pp. 16
Author(s):  
Ahmad Ghazali Ismail ◽  
Arlinah Abd Rashid ◽  
Azlina Hanif
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Electricity Consumption ◽  
Panel Estimation ◽  
Real Gdp ◽  
Long Run ◽  
Bidirectional Relationship ◽  
Short Run ◽  
Using Data ◽  
The Relationship

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

Sign in / Sign up

Export Citation Format

Share Document