The present study explores the relationship between economic growth, electricity consumption, urbanization and environmental degradation in case of United Arab Emirates (UAE). The study covers the quarter frequency data over the period of 1975–2011. We have applied the ARDL bounds testing approach to examine the long run relationship between the variables in the presence of structural breaks. The VECM Granger causality is applied to investigate the direction of causal relationship between the variables. Our empirical exercise reported the existence of cointegration among the series. Further, we found an inverted U-shaped relationship between economic growth and CO 2 emissions i.e. economic growth raises energy emissions initially and declines it after a threshold point of income per capita (EKC exists). Electricity consumption declines CO 2 emissions. The relationship between urbanization and CO 2 emissions is positive. Exports seem to improve the environmental quality by lowering CO 2 emissions. The causality analysis validates the feedback effect between CO 2 emissions and electricity consumption. Economic growth and urbanization Granger cause CO 2 emissions.

Economic growth, electricity consumption, urbanization and environmental degradation relationship in United Arab Emirates

Environmental degradation, renewable and non-renewable electricity consumption, and economic growth: Assessing the evidence from Algeria

Analyze the environmental sustainability factors of China: The role of fossil fuel energy and renewable energy

Co2 emission and economic growth in Algeria

We estimate the effects of oil price changes on inflation for the United States, United Kingdom, France, Germany, and Japan using an augmented Phillips curve framework. We supplement the traditional Phillips curve approach taking into account the growing body of evidence suggesting that oil prices may have asymmetric and nonlinear effects on output and that structural instabilities may exist in those relationships. Our statistical estimates suggest current oil price increases are likely to have only a modest effect on inflation in the U.S, Japan, and Europe. Oil price increases of as much as 10 percentage points will lead to direct inflationary increases of about 0.1-0.8 percentage points in the U.S. and the E.U. Inflation in Europe, traditionally thought to be more sensitive to oil prices than in the U.S., is unlikely to show any significant difference in sensitivity from that in the United States and in fact may be less in some countries.

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Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries - eScholarship

This study examines the existence of environmental Kuznets Curve (EKC) hypothesis between economic growth and CO2 emission in Algeria for the period 1971-2009 using Autoregressive Distributed Lag (ARDL) cointegration framework. Data were retrieved from World Bank Development Indicators. Importantly, our findings reveal that EKC hypothesis does not exist. In addition, the long run models show that income and population appear to have significant impact on CO 2 emission especially from solid fuel consumption and electricity and heat production. However, only population is revealed to promote CO 2 from liquid fuel consumption. These findings suggest a dire need for Algeria to shift towards service intensive economy rather than resource intensive, and alternative renewable energy sources in order to mitigate environmental degradation as well as promote economic development. Keywords : Air Pollution; economic growth; environmental Kuznets curve hypothesis. JEL Classifications: O47; Q53; Q56

Economic Growth and CO2 Emissions: Investigating the Environmental Kuznets Curve Hypothesis in Algeria

https://ecommons.luc.edu/cgi/viewcontent.cgi?article=1236&context=meea

Oil price and inflation in Algeria: A nonlinear ARDL approach

There is a considerable debate in terms of opportunities and challenges about the presence of refugees in the neighbouring host countries. Most of the existing discourse has focused only on their humanitarian and security implications. This article, on the other hand, seeks to uncover this issue through a purely economic lens, focusing on the economic impact of more than three million Afghan refugees in Pakistan. Utilizing data for the period 1979–2014 and the ARDL bounds testing approach, we arrive at few important conclusions. The empirical results indicate that Afghan refugees have a strong negative impact on economic growth in Pakistan. The effect holds in both the short run and the long run, suggesting that the influx of refugees lowers real economic activity in the country. Ultimately, the study implies that hosting refugees can never be a boon to Pakistan's economy.

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The Economic Effect of Refugee Crises on Neighbouring Host Countries: Empirical Evidence from Pakistan

This study examines the relationship between health expenditure, education and economic growth in MENA countries using panel data estimation. Our results based on random effect estimation endorse a relationship between health expenditure, education and economic growth. Data were obtained from the World Bank Development Indicators for the period of 1995 to 2010 for 20 countries from Middle East and North Africa region. Importantly, our results reveal that health expenditure and education have significantly positive effect on economic growth. Also gross fixed capital formation positively, but insignificantly, related to economic growth of MENA countries. Therefore, investment in human capital, namely health and education, will increase income in these countries.

Health Expenditure, education and Economic Growth in MENA Countries

This study examines the relationship between openness, financial development, and economic growth in Algeria using the autoregressive distributed lag (ARDL) cointegration framework. The results based on the bounds testing procedure confirm that a long-run relationship between openness, financial development, and economic growth exist. Data were obtained from the World Bank Development Indicators for the period of 1980 to 2010. Importantly, our results reveal that, openness has a significantly positive effect on economic growth. Broad money which is a proxy for financial development in this study is positive but insignificantly related to economic growth. Also, both labor force and gross capital formation are insignificant. These findings suggest a dire need for financial reforms in Algeria inorder to improve efficiency in the financial sector so as to stimulate saving/investment and thus, long-term economic growth.

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Miloud Lacheheb

Papers

Economic Growth and CO2 Emissions: Investigating the Environmental Kuznets Curve Hypothesis in Algeria

Oil price and inflation in Algeria: A nonlinear ARDL approach

The Economic Effect of Refugee Crises on Neighbouring Host Countries: Empirical Evidence from Pakistan

Health Expenditure, education and Economic Growth in MENA Countries

Openness, Financial Development and Economic Growth in Algeria: An ARDL Bound Testing Approach