Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries
In this paper, we investigate the effect of remittances on energy consumption. To this aim, we analyzed MENA countries over the 1977–2014 period. We used Westerlund and Edgerton's (2007) cointegration test, the AMG estimator, and Dumitrescu and Hurlin's (2012) panel causality tests. The re...
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| Format: | Article |
| Language: | English |
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EconJournals
2022-01-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://econjournals.com/index.php/ijeep/article/view/11878 |
| _version_ | 1828025805114966016 |
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| author | Ayse Ari |
| author_facet | Ayse Ari |
| author_sort | Ayse Ari |
| collection | DOAJ |
| description | In this paper, we investigate the effect of remittances on energy consumption. To this aim, we analyzed MENA countries over the 1977–2014 period. We used Westerlund and Edgerton's (2007) cointegration test, the AMG estimator, and Dumitrescu and Hurlin's (2012) panel causality tests. The results of the cointegration test showed there is a long-term relationship between remittance inflow and energy consumption. According to the AMG estimator, remittance inflow has a positive impact on energy consumption, indicating that increases in remittances will be followed by increases in energy consumption. The panel causality test displayed a bidirectional causal linkage between remittance and energy consumption. On the basis of these findings, we can say that authorities should take account of remittance inflow in their energy consumption and environmental degradation policies. |
| first_indexed | 2024-04-10T13:07:51Z |
| format | Article |
| id | doaj.art-14583fb7a1b8453bada312ba6a437c60 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-04-10T13:07:51Z |
| publishDate | 2022-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-14583fb7a1b8453bada312ba6a437c602023-02-15T16:12:52ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532022-01-0112110.32479/ijeep.11878Remittances and Energy Consumption: A Panel Data Analysis for MENA CountriesAyse Ari0Department of Economics, Faculty of Economics and Administrative Sciences, Mersin University, Mersin, Turkey.In this paper, we investigate the effect of remittances on energy consumption. To this aim, we analyzed MENA countries over the 1977–2014 period. We used Westerlund and Edgerton's (2007) cointegration test, the AMG estimator, and Dumitrescu and Hurlin's (2012) panel causality tests. The results of the cointegration test showed there is a long-term relationship between remittance inflow and energy consumption. According to the AMG estimator, remittance inflow has a positive impact on energy consumption, indicating that increases in remittances will be followed by increases in energy consumption. The panel causality test displayed a bidirectional causal linkage between remittance and energy consumption. On the basis of these findings, we can say that authorities should take account of remittance inflow in their energy consumption and environmental degradation policies.https://econjournals.com/index.php/ijeep/article/view/11878Remittancesenergy consumptionMENA countriespanel datacointegration |
| spellingShingle | Ayse Ari Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries International Journal of Energy Economics and Policy Remittances energy consumption MENA countries panel data cointegration |
| title | Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries |
| title_full | Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries |
| title_fullStr | Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries |
| title_full_unstemmed | Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries |
| title_short | Remittances and Energy Consumption: A Panel Data Analysis for MENA Countries |
| title_sort | remittances and energy consumption a panel data analysis for mena countries |
| topic | Remittances energy consumption MENA countries panel data cointegration |
| url | https://econjournals.com/index.php/ijeep/article/view/11878 |
| work_keys_str_mv | AT ayseari remittancesandenergyconsumptionapaneldataanalysisformenacountries |