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Energy Consumption and Economic Growth in Jordan: An ARDL Bounds Testing Approach
Journal of Business Management & Economics
View Archive Info| Field | Value | |
| Title |
Energy Consumption and Economic Growth in Jordan: An ARDL Bounds Testing Approach
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| Creator |
Tamara F., AlMa’aitah
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| Description |
The paper aimsat investigating the nexus relationship between energy consumption and economic growth in Jordan using annual data over the period 1976-2013 by employingAutoregressive Distributed Lagged (ARDL) model. The cointegration results provide evidence on the existence of long-run equilibrium relationship among model variables. The ARDL long-run estimation results revealed a significant positive impact of energy consumption on economic growth. The negative and significant signs of error-correction termsindicatelong-run bidirectional causality between energy consumption and economic growth. The Granger-Causality test within VECM framework (Wald F-test) indicates bidirectional strong and weak short-run causality between all variables.
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| Publisher |
Journal of Business Management & Economics
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| Contributor |
—
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| Date |
2015-11-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://innovativejournal.in/jbme/index.php/jbme/article/view/156
10.15520/jbme.2015.vol3.iss11.156.pp27-32 |
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| Source |
Journal of Business Management & Economics; Vol 3, No 11 (2015); 27-32
2347-5471 10.15520/jbme.2015.vol3.iss11 |
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| Language |
eng
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| Relation |
http://innovativejournal.in/jbme/index.php/jbme/article/view/156/pdf_51
10.15520/jbme.2015.vol3.iss11.156.120 |
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