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Determinants of Energy Consumption in Egypt New Approach

Author

Listed:
  • Mohammed Galal Abdallah Mostafa

    (Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.)

  • Mousa Gowfal Selmey Gowfal Selmey

    (Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.)

Abstract

In Egypt, policymakers are particularly concerned about energy consumption. So, the goal of this study is to look into the factors that influence Egyptian energy consumption. The study applied a new approach known artificial neural network from 2000 to 2020 to achieve this goal. according to the results of this study, global energy prices are the most important determinants of Egyptian energy consumption, followed by economic growth and trade openness. Other factors such as population growth, inflation, urbanization and industrialization, which have been highlighted in other papers, are not determinants of Egyptian energy consumption. this research recommends that need to follow policies that rationalize energy consumption and improve the efficiency of its use.

Suggested Citation

  • Mohammed Galal Abdallah Mostafa & Mousa Gowfal Selmey Gowfal Selmey, 2022. "Determinants of Energy Consumption in Egypt New Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 175-180, March.
    • Handle: RePEc:eco:journ2:2022-02-19
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    References listed on IDEAS

    as
    1. Bartleet, Matthew & Gounder, Rukmani, 2010. "Energy consumption and economic growth in New Zealand: Results of trivariate and multivariate models," Energy Policy, Elsevier, vol. 38(7), pages 3508-3517, July.
    2. Imtiaz Arif; Syeda Wajiha Kazmi; Lubna Khan, 2017. "Relationship between Trade Openness and Energy Consumption in Oil Importing Asian Countries," Journal of Finance and Economics Research, Geist Science, Iqra University, Faculty of Business Administration, vol. 2(1), pages 30-39, March.
    3. Bakirtas, Tahsin & Akpolat, Ahmet Gokce, 2018. "The relationship between energy consumption, urbanization, and economic growth in new emerging-market countries," Energy, Elsevier, vol. 147(C), pages 110-121.
    4. Karen Fernandes & Y. V. Reddy, 2021. "Determinants of Energy Consumption In Newly Industrialised Countries of Asia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 93-100.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Abdulrahman M. Alsobhi, 2023. "Using Artificial Neural Networks to Recognize the Determinants of Energy Consumption in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 13(3), pages 489-493, May.
    2. Hamdy Ahmad Aly Alhendawy & Mohammed Galal Abdallah Mostafa & Mohamed Ibrahim Elgohari & Ibrahim Abdalla Abdelraouf Mohamed & Nabil Medhat Arafat Mahmoud & Mohamed Ahmed Mohamed Mater, 2023. "Determinants of Renewable Energy Production in Egypt New Approach: Machine Learning Algorithms," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 679-689, November.

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    More about this item

    Keywords

    Energy Consumption; Artificial neural network; Determinants; Egypt;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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