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How energy consumption affects economic development in select African countries

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  • Saida Zaidi

    (University of Sfax)

  • Samia Gmiden

    (University of Sfax)

  • Kais Saidi

    (University of Sfax)

Abstract

The purpose of this study is to examine the causality between economic development (GDP), oil and gas consumption and in the case of eight countries over the period of 1980–2011. This study used the fully modified OLS. The findings support the conservative hypothesis; there is a relationship of causality going of the energy to the economic growth for the group countries except South Africa. The effect of oil and gas varies from a country to another one. The results provide evidence of feedback causality in Tunisia and Egypt.

Suggested Citation

  • Saida Zaidi & Samia Gmiden & Kais Saidi, 2018. "How energy consumption affects economic development in select African countries," Quality & Quantity: International Journal of Methodology, Springer, vol. 52(1), pages 501-513, January.
  • Handle: RePEc:spr:qualqt:v:52:y:2018:i:1:d:10.1007_s11135-017-0480-0
    DOI: 10.1007/s11135-017-0480-0
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    More about this item

    Keywords

    Economic growth; Oil; Gas; Co-integration test; FMOLS; DOLS;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices

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