The electricity consumption, employment and growth nexus: evidence from Lebanon
The causal relationship between electricity consumption and growth in Lebanon is examined using aggregate employment in a trivariate setting for the period 1980–2011. We test the main hypothesis that electricity is an input in the aggregate production function. Our results reject the input hypothesi...
محفوظ في:
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | |
| التنسيق: | article |
| منشور في: |
2015
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| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/2970 http://dx.doi.org/10.1111/opec.12053 http://onlinelibrary.wiley.com/doi/10.1111/opec.12053/full |
| الوسوم: |
إضافة وسم
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| _version_ | 1864513459744407552 |
|---|---|
| author | Fakih, Ali |
| author2 | Marrouch, Walid |
| author2_role | author |
| author_facet | Fakih, Ali Marrouch, Walid |
| author_role | author |
| dc.creator.none.fl_str_mv | Fakih, Ali Marrouch, Walid |
| dc.date.none.fl_str_mv | 2015 2016-01-28T12:05:32Z 2016-01-28T12:05:32Z 2016-01-28 |
| dc.identifier.none.fl_str_mv | 1753-0229 http://hdl.handle.net/10725/2970 http://dx.doi.org/10.1111/opec.12053 Fakih, A., & Marrouch, W. (2015). The electricity consumption, employment and growth nexus: evidence from Lebanon. OPEC Energy Review, 39(3), 298-321. http://onlinelibrary.wiley.com/doi/10.1111/opec.12053/full |
| dc.language.none.fl_str_mv | en |
| dc.relation.none.fl_str_mv | OPEC Energy Review |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.title.none.fl_str_mv | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | The causal relationship between electricity consumption and growth in Lebanon is examined using aggregate employment in a trivariate setting for the period 1980–2011. We test the main hypothesis that electricity is an input in the aggregate production function. Our results reject the input hypothesis in Lebanon in both the short run and long run. However, electricity is found to be a by-product only when we employ a stronger test for Granger causality. These results seem to suggest that electricity conservation strategies should be easier to implement without additional sacrifices to growth in Lebanon. By contrast, we find evidence of a long-run relationship between employment and growth. We offer some specific detailed strategy to Lebanon that provides support for carrying out policies that increase the level of labour-promoting investments in the country. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | LAURepo_272e7cb88f3fcde36e7512cf4cea5eb0 |
| identifier_str_mv | 1753-0229 Fakih, A., & Marrouch, W. (2015). The electricity consumption, employment and growth nexus: evidence from Lebanon. OPEC Energy Review, 39(3), 298-321. |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/2970 |
| publishDate | 2015 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | The electricity consumption, employment and growth nexus: evidence from LebanonFakih, AliMarrouch, WalidThe causal relationship between electricity consumption and growth in Lebanon is examined using aggregate employment in a trivariate setting for the period 1980–2011. We test the main hypothesis that electricity is an input in the aggregate production function. Our results reject the input hypothesis in Lebanon in both the short run and long run. However, electricity is found to be a by-product only when we employ a stronger test for Granger causality. These results seem to suggest that electricity conservation strategies should be easier to implement without additional sacrifices to growth in Lebanon. By contrast, we find evidence of a long-run relationship between employment and growth. We offer some specific detailed strategy to Lebanon that provides support for carrying out policies that increase the level of labour-promoting investments in the country.PublishedN/A2016-01-28T12:05:32Z2016-01-28T12:05:32Z20152016-01-28Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article1753-0229http://hdl.handle.net/10725/2970http://dx.doi.org/10.1111/opec.12053Fakih, A., & Marrouch, W. (2015). The electricity consumption, employment and growth nexus: evidence from Lebanon. OPEC Energy Review, 39(3), 298-321.http://onlinelibrary.wiley.com/doi/10.1111/opec.12053/fullenOPEC Energy Reviewinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/29702021-03-19T10:50:26Z |
| spellingShingle | The electricity consumption, employment and growth nexus: evidence from Lebanon Fakih, Ali |
| status_str | publishedVersion |
| title | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| title_full | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| title_fullStr | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| title_full_unstemmed | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| title_short | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| title_sort | The electricity consumption, employment and growth nexus: evidence from Lebanon |
| url | http://hdl.handle.net/10725/2970 http://dx.doi.org/10.1111/opec.12053 http://onlinelibrary.wiley.com/doi/10.1111/opec.12053/full |