A standard study by adopting- Analysis Dynamic Panel - of the impact of electricity consumption on economic growth in Algeria and some developing countries during the period: 1980-2018

  • kebir mouloud جامعة الجلفة
  • kacham semail جامعة الجلفة
  • benlaib abdelazizi جامعة الجلفة
Keywords: developing countries, energy consumption, panel data, error correction model, dynamic models

Abstract

This research paper aims to study the long-term relationship between electricity consumption and economic growth in Algeria and some developing countries during the period from 1980 to 2018, by analyzing theories explaining the relationship between the two variables, and by testing a standard economic growth model consisting of the following variables: Per capita gross domestic product, physical capital, human capital and per capita electricity consumption, and this is based on data from the World Bank and the International Energy Agency, using Panel data, relying on dynamic models and modern estimation methods that were not used much in previous studies. The study found that: The per capita share of electricity consumption (LCEH), human capital (LH) and physical capital (LK) have a positive impact on the per capita share of output (LGDPH) in the study sample countries.

References

1- نبيل جعفر عبد الرضى. (2017). اقتصاد الطاقة. الامارات: دار الكتاب الجامعي.
2- نیكولا خراتشانكو. (2000). الطاقة وسلامة البیئة. (بسام حمود، المترجمون) دمشق، سوریا: المركز العربي للتدریب والترجمة والتألیف.

3- علي مكيد واخرون. (2018). العلاقة بين استهلاك الكهرباء والنمو الاقتصادي في الجزائر: تحليل قياسي. مجلة الاقتصاد والمالية، 04(01).
4- Greene, W. (2005). économétrie (Vol. 5). (D. Schlacther, Éd., T. Azomahou, & N. Coudec, Trads.) Université Paris II.
5- Hurlin, C., & Mignon, V. (2006, 11). une synthèse des testes de cointegration sur données de Panel. université d’Orléans.


6- Abdoli, G., Farahani, Y. G., & Dastan, S. (2015). Electricity consumption and economic growth in OPEC countries: a cointegrated panel analysis. OPEC Energy Review March, 1(39).
7- Adom, P. K. (2011). Electricity Consumption-Economic Growth Nexus: The Ghanaian Case. International Journal of Energy Economics and Policy, 1(1).
8- Gao, J., & Zhang, L. (2014). Electricity Consumption–Economic Growth–CO2 Emissions Nexus in Sub‐Saharan Africa: Evidence from Panel Cointegration. African Development Review, 2(26).
9- Narayan, P. K., & Smyth, R. (2009). Multivariate granger causality between electricity consumption, exports and GDP: Evidence from a panel of Middle Eastern countries. Energy Policy(37).
10- Noor, s., & Siddiqi, M. W. (2010). Energy Consumption and Economic Growth in South Asian Countries: A Co-integrated Panel Analysis, World Academy of Science. Journal of Energy and Power Engineering, 4(7).
11- Stéphane, G., Fankem, G., & Houli, M. S. (2019). Consommation d'énergie électrique et croissance économique en Afrique Centrale. African Development Review, 2(31).
12- Wehbe, N., Assaf, B., & Darwich, S. (2018). Étude De Causalite Entre La Consommation D’electricite Et La Croissance Economique Au Liban. Lebanese Science Journal, 19(3).
13- Yoo, S. H. (2006). The causal relationship between electricity consumption and economic growth in the ASEAN countries. Energy Policy(34).
14- Yoo, S. H., & Kwak, S. -Y. (2010). Electricity consumption and economic growth in seven South American countries. Energy Policy(38).

15- Fidimanantsoa, A. (n.d.). Relationship between energy consumption and economic growth inMadagascar: Empirical Approach,1995-2015. Retrieved from https://mpra.ub.uni-muenchen.de/82967/.
16- Helmenstine, A. M. (2019). Electrical Energy Definition and Examples. Retrieved 7 21, 2020, from thoughtco.
17- Simmons, J. (2020, 07 13). What is Electrical Energy? - Definition & Examples. Retrieved from study.com.
Published
2021-05-03
How to Cite
mouloud, kebir, semail, kacham, & abdelazizi, benlaib. (2021). A standard study by adopting- Analysis Dynamic Panel - of the impact of electricity consumption on economic growth in Algeria and some developing countries during the period: 1980-2018. Journal of Excellence for Economics and Management Research, 5(1), 109-128. https://doi.org/10.34118/jeemr.v5i1.2022
Section
Original Article