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The Relationship between Renewable Energy Consumption and Economic Growth: Evidence from North Africa

المصدر: مجلة الاقتصاد الصناعي - خزارتك
الناشر: جامعة باتنة 1 الحاج لخضر - كلية العلوم الاقتصادية والتجارية وعلوم التسيير - مخبر الدراسات الاقتصادية للصناعة المحلية
المؤلف الرئيسي: Adjali, Dalal (Author)
مؤلفين آخرين: Benmensour, Lilia (Co-Author) , Noureddine, Hamed (Co-Author)
المجلد/العدد: مج14, ع2
محكمة: نعم
الدولة: الجزائر
التاريخ الميلادي: 2024
الشهر: ديسمبر
الصفحات: 1 - 24
ISSN: 1112-7856
رقم MD: 1543331
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Renewable Energy Consumption | Economic Growth | North Africa | Panel "ARDL, PMG" Model
رابط المحتوى:
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المستخلص: In fact, there is a universally consensus about the transition’ obligation to renewable energy consumption. As the economic growth is countries continuously striving goal, this study endeavours to investigate the relationship between renewable energy consumption and economic growth in North Africa countries (Algeria, Tunisia, Morocco, Mauritania and Libya) over the time period (1990-2020). The Panel autoregressive distributed lag (ARDL) focusing on PMG estimator is employed to examine this relationship. The findings of PMG estimator in long-run corroborate the existence of negative relationship, whereas the increase by 1% in renewable energy consumption leads to decrease the GDP by 16,60%. Also, theyaffirm the absence of any relationship in the short run. Moreover, the results of causality test confirm the conservation hypothesis through the existence of unidirectional relationship from economic growth to renewable energy consumption in North African countries over the period time 1990 to 2020.

ISSN: 1112-7856