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...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Fakih, Ali (author)
مؤلفون آخرون: Marrouch, Walid (author)
التنسيق: article
منشور في: 2015
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
لا توجد وسوم, كن أول من يضع وسما على هذه التسجيلة!
_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