A VAR Based Study on Energy Consumption and Economic Growth

Authors

  • Mohamed Alshami Alqasimia University, Sharjah, UAE.

DOI:

https://doi.org/10.32479/ijeep.13767

Keywords:

Energy, VAR, Economic growth, UAE, Energy economics

Abstract

Economic growth and energy consumption are interrelated for an economy and these variables are expected to indicate a positive correlation. This relationship has been probed in the study in the context of the United Arab Emirates for the time period 1996-2020. The study uses basic regression and Vector Auto Regression techniques for analysis. The study found that energy consumption and non-renewable energy consumption are positively correlated, are dependent on the country’s economic growth and this relationship is optimum at a lag of 7 years.

Downloads

Download data is not yet available.

Downloads

Published

2023-01-22

How to Cite

Alshami, M. (2023). A VAR Based Study on Energy Consumption and Economic Growth. International Journal of Energy Economics and Policy, 13(1), 317–321. https://doi.org/10.32479/ijeep.13767

Issue

Vol. 13 No. 1 (2023)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.