The long-run and short-run effects of oil price on energy consumption in Tunisia: Evidence from structural breaks analysis

Abid, Mehdi

doi:10.1080/15567249.2020.1785054

Cited by 18 publications

(14 citation statements)

References 84 publications

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“…fifth, how does the oil price affect energy consumption? (Haque, 2021;Abid, 2020;Zouand Chau, 2020). sixth, to what extent does openness trade impacts energy consumption?…”

Section: Literature Reviewmentioning

confidence: 99%

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Determinants of Energy Consumption in Egypt “New Approach”

Mostafa

Selmey

2022

IJEEP

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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 as artificial neural network (ANN) 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

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“…fifth, how does the oil price affect energy consumption? (Haque, 2021;Abid, 2020;Zouand Chau, 2020). sixth, to what extent does openness trade impacts energy consumption?…”

Section: Literature Reviewmentioning

confidence: 99%

“…The fifth research question examines the association between oil price and energy consumption. Many studies have attempted to examine this relationship, such as (Osigwe and Arawomo, 2015;Abid, 2020).The Findings demonstrated a bi-directional causality between oil price and energy consumption in the long run.…”

Section: Literature Reviewmentioning

confidence: 99%

Determinants of Energy Consumption in Egypt “New Approach”

Mostafa

Selmey

2022

IJEEP

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“…The implementation of proper regulation proper policies as well as fiscal incentives are the main factors that will enhance the renewable energy transition in GCC countries There is a positive relation between oil price and renewable energy in KSA, and the 5% increase of renewable energy for electricity generation in KSA by 2030 would bring a positive impact in output and household welfare Oil price volatility has no statistically significant effect on stock returns and that the relationship between oil prices and stock returns is symmetric [4] Fixed and random effects models and Hausman test 1990-2015 5 African countries Oil rents have a negative relationship with renewable energy consumption in Africa. A decrease in oil rents will lead to an increase in renewable energy consumption African countries, need to diversify fossil fuels price risk and to support the cost of renewable energy [81] The error-correction model (VECM) 1986-2014 Tunisia A bi-directional Granger causality between oil price, energy consumption and GDP Notes: FIT is feed-in tariffs, GHG is greenhouse emissions and RPS is renewable portfolio standards.…”

Section: Literature Reviewmentioning

confidence: 99%

“…No study investigates the sensitivity of changes in oil price, GDP growth, interest rate and oil price volatility in achieving the 2015 NDC target of renewable energy investments on the continent of Africa. The most closely related study is by Abid [81], which used VECM to investigate the dynamic causality relationships among the oil prices, GDP and energy consumption for Tunisia. In general, the previous literature on Africa has concentrated on renewable energy consumption and economic growth and the determinants of renewable energy consumption [4].…”

Section: Literature Reviewmentioning

confidence: 99%

Determining If Oil Prices Significantly Affect Renewable Energy Investment in African Countries with Energy Security Concerns

Tambari

Failler

2020

Energies

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As concerns regarding the adverse impacts of energy production and consumption on the environment grow, countries across the world are now charged with developing effective strategies that provide energy security and protect the environment. This means that efforts to generate significant investments and business opportunities to boost the growth of renewable energy need to increase rapidly. However, there are limited studies on what will facilitate the increase of renewable energy investment in Africa. The main factor considered in this study relates to the sensitivity to changes in oil prices, gross domestic product (GDP), interest rate and oil price volatility’s impact on the renewable energy investment (REI) in countries with energy security concerns and if there is any significant influence from oil price shocks. With the help of an unrestricted vector retrogressive model and an annual panel data approach that covers the period 1990–2018, this paper examines the link between renewable energy investment and three macroeconomic variables: oil prices, GDP growth-adjusted interest rates and oil price volatility. The results indicate that REI exhibited immediate positive responses to oil shocks. However, renewable energy investment continued to fluctuate negatively in response to GDP. The results also show that the REI responded positively to interest rates in Africa and it exhibited immediate negative responses to oil price volatility but became positive after the second period.

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“…However, it increased by 3.4% per year compared to 2015 and stood at 65 bcm in 2018 (Abid, 2020). The primary gas market remained of electricity production 67% in 2018.…”

Section: Introductionmentioning

confidence: 96%

Appraisal of CO2 emission in Tunisia’s industrial sector: a dynamic vector autoregression method

Talbi

Ramzan

Iqbal

et al. 2022

Environ Sci Pollut Res

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The World is confronted with a slew of environmental issues, one of which is how to attenuate the detrimental impacts of CO2 emissions-induced climate change. The ever-increasing use of energy is eroding natural resources to the point that our economic future may be jeopardized. The Tunisian economic growth indicates the excellent performance in the industrial sector as the minimum required input for these developments necessitates additional energy consumption, resulting in increased CO2 emissions and environmental degradation. This study explores the role of energy efficiency, urbanization, economic growth, and natural gas energy usage in the industrial sector on carbon dioxide (CO2) emissions of Tunisia. The research mainly employs the Vector Autoregressive Model (VAR) to examine the factors driving the evolution of CO2 emissions through the industrial sector from 2000 to 2018. The findings assess that natural gas as an energy source and efficiency are crucial for reducing CO2 emissions. The study has shown the existence of the Environmental Kuznets Curve (EKC), which demonstrates that economic development in Tunisia has an inverted U-shape connection with CO2 emissions. The results indicate that energy consumption and GDP significantly affect CO2 emissions due to large-scale population movements and industrial structure transformation. In contrast, energy efficiency plays a dominant role in decreasing CO2 emissions. The article will assist economic decision-makers and related authorities in formulating an appropriate energy policy for the industrial sector based on the study's outcomes to protect environmental degradation in the long run by reducing carbon emissions.

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The long-run and short-run effects of oil price on energy consumption in Tunisia: Evidence from structural breaks analysis

Cited by 18 publications

References 84 publications

Determinants of Energy Consumption in Egypt “New Approach”

Determinants of Energy Consumption in Egypt “New Approach”

Determining If Oil Prices Significantly Affect Renewable Energy Investment in African Countries with Energy Security Concerns

Appraisal of CO2 emission in Tunisia’s industrial sector: a dynamic vector autoregression method

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