Renewable energy consumption, International trade, oil price and economic growth inter-linkages: The case of Tunisia
| Autor: | Mohamed Amara, Hatem Jemmali, Riadh Brini |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Cointegration
Renewable Energy Sustainability and the Environment business.industry 020209 energy 0202 electrical engineering electronic engineering information engineering Economics 02 engineering and technology Renewable energy consumption International economics International trade Oil price business Renewable energy |
| Zdroj: | Renewable and Sustainable Energy Reviews. 76:620-627 |
| ISSN: | 1364-0321 |
| DOI: | 10.1016/j.rser.2017.03.067 |
| Popis: | This paper contributes to the small but growing literature on the linkages between renewable energy consumption, international trade, oil price and economic growth. It aims to investigate such dynamic relationships using the bounds testing approach to cointegration and the ARDL methodology for Tunisia over the period 1980–2011. The main empirical findings reveal the presence of a bidirectional relationship between renewable energy consumption and international trade in the short-run. Indeed, an increase in oil price may imply an increase of renewable energy consumption. Furthermore, a unidirectional relationship between renewable energy and oil price is proven in the short-run. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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