Electricity consumption and real GDP causality nexus: Evidence from ARDL bounds testing approach for 11 MENA countries

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Acaravci, Ali -- 0000-0002-6662-6175
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorAcaravci, Ali
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:06Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:06Z
dc.date.issued2011
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000292712200031en_US
dc.description.abstractThis paper investigates the short-run and long-run causality issues between electricity consumption and economic growth in the selected 11 Middle East and North Africa (MENA) countries by using Autoregressive Distributed Lag (ARDL) bounds testing approach of cointegration and vector error-correction models. It employs annual data covering the period from 1971 to 2006. The unit root tests results indicate that some of the variables for Algeria, Jordan, Tunisia and United Arab Emirates do not satisfy the underlying assumptions of the ARDL bounds testing approach of cointegration methodology before proceeding to the estimation stage. Thus, we drop these countries from the ARDL bounds testing approach of cointegration and causality analysis. The cointegration test results show that there is no cointegration between the electricity consumption and the economic growth in three of the seven countries (Iran, Morocco and Syria). Thus, causal relationship cannot be estimated for these countries. However, the cointegration and causal relationship is found in four countries (Egypt, Israel, Oman and Saudi Arabia). The overall results indicate that there is no relationship between the electricity consumption and the economic growth in most of the MENA countries. Further evidence indicates that policies for energy conservation can have a little or no impact on economic growth in most of the MENA countries.en_US
dc.identifier.doi10.1016/j.apenergy.2011.01.065
dc.identifier.endpage2892en_US
dc.identifier.issn0306-2619
dc.identifier.issue8en_US
dc.identifier.scopus2-s2.0-79953036815
dc.identifier.scopusqualityQ1
dc.identifier.startpage2885en_US
dc.identifier.urihttps://doi.org/10.1016/j.apenergy.2011.01.065
dc.identifier.urihttps://hdl.handle.net/20.500.12507/628
dc.identifier.volume88en_US
dc.identifier.wosWOS:000292712200031
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherELSEVIER SCI LTDen_US
dc.relation.ispartofApplıed Energy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectElectricity ,Consumptionen_US
dc.subjectEconomic Growthen_US
dc.subjectBounds Testing Approachen_US
dc.subjectMENA Countriesen_US
dc.titleElectricity consumption and real GDP causality nexus: Evidence from ARDL bounds testing approach for 11 MENA countries
dc.typeArticle

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