IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04134679.html
   My bibliography  Save this paper

Energy supply, public debt, and economic growth: Causality analysis for a panel of OECD European countries

Author

Listed:
  • Mohamed Awada

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

  • Moustapha Badran

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

  • Imtynan Khalifeh

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

  • Jules Sadefo Kamdem

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

Abstract

This paper addresses the causal relationship between economic growth, public debt, and energy supply, using annual panel data analysis over the period 1970-2021 of 21 OECD European countries divided into two groups: GIIPS and Non-GIIPS countries, through a tri- variate causality model. The findings confirm a strong positive relationship between the energy supply and economic growth, but also a negative relationship between the public debt and economic growth on the long-term using a vector error correction model. Granger causality's outcomes show evidence that the panel causality relationships for the Non-GIIPS countries follow the same path and directions for the full sample, emphasizing that the economic policies for these countries rely on the energy supply which is a fundamental factor for economic growth and living standards.

Suggested Citation

  • Mohamed Awada & Moustapha Badran & Imtynan Khalifeh & Jules Sadefo Kamdem, 2023. "Energy supply, public debt, and economic growth: Causality analysis for a panel of OECD European countries," Post-Print hal-04134679, HAL.
    • Handle: RePEc:hal:journl:hal-04134679
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04134679. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.