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AuthorAl-Hazaimeh, Qutaiba Abdullah
AuthorMalawi, Ahmad Ibrahim
Available date2018-10-30T06:41:57Z
Publication Date2015-09
Publication NameStudies in Business and Economics
CitationAl-Hazaimeh, Qutaiba Abdullah and Malawi, Ahmad Ibrahim. (2015) Electricity Consumption and Economic Growth in Jordan: A Multivariate Approach. Vol. 18 , No.2 , Qatar University, pp.17-34
ISSN1818-1228
URIhttp://hdl.handle.net/10576/11167
AbstractThis paper aims to examine the impact of electricity consumption on economic growth in Jordan using annual data over the period 1985-2013. To achieve the goal, an Autoregressive Distributed Lag (ARDL) approach is implemented to estimate a logarithmic form of the traditional production function (Cobb-Douglas), where output is a function of electricity, capital and labour. According to the results of the estimation,the estimated long-run elasticities of output with respect to electrical energy, capital and labor are 0.742, 0.194 and 0.422, respectively; while the short-run estimates are 0.330, 0.086, and 0.343, respectively. Granger-Causality test has shown a positive unidirectional relationship directed from electrical energy consumption towards economic growth supporting the hypothesis.
Languageen
PublisherQatar University
SubjectJordan
Economic growth
Electricity Consumption
ARDL
Granger Causality
TitleElectricity Consumption and Economic Growth in Jordan: A Multivariate Approach
TypeArticle
Pagination17-34
Issue Number2
Volume Number18
dc.accessType Open Access


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