Riad SULTAN

112144

An Econometric Study of Economic Growth, Energy and Exports in Mauritius: Implications for Trade and Climate Policy

An Econometric Study of Economic Growth, Energy and Exports in Mauritius: Implications for Trade and Climate Policy

While electricity from fossil fuels is among a major source of greenhouse gases and global warming, it is also a key resource in the industrial sector geared towards exports and economic growth. This study attempts to examine the export-GDP nexus and electricity-GDP nexus in addition to a supplementary hypothesis between exports and electricity in Mauritius for the period of 1970-2009. An augmented neo-classical aggregate production model is used. The ARDL bounds test and the Johansen cointegration test confirm the existence of a long-run relationship between these variables. The multivariate Granger-causality analysis indicates that electricity and exports Granger-cause economic growth in the long-run. Electricity remains a significant causal variable in the short-run and is also found to lead exports. The empirical findings suggest that conserving electricity as a climate policy may not be conducive for exports and economic growth. The use of renewable sources for electricity may be the right option.

Keywords:

Growth, Exports, Electricity, Granger causality Climate policy,

International Journal of Energy Economics and Policy-Cover

Başlangıç: 2011
Yayıncı: İlhan ÖZTÜRK

Arşiv

Sayıdaki Diğer Makaleler

Electricity Consumption and Economic Growth: Analysis and Forecasts using VAR/VEC Approach for Greece with Capital Formation

Andreas GEORGANTOPOULOS

A Dynamic Model for Road Gasoline and Diesel Consumption: An Application for Spanish Regions

Rosa Marina González MARRERO, Roza M. LORENZO-ALEGRÍA, Gustavo A. MARRERO

Analyzing the Effects of the Iranian Energy Subsidy Reform Plan on Short- Run Marginal Generation Cost of Electricity Using Extended Input-Output Price Model

Zohreh SALİMİAN, Marjan KORDBACHEH, Mehdi Sadeghi SHAHDANİ, Vahab MOKARİZADEH

Technical Efficiency of Thermal Power Generation in India: Post-Restructuring Experience

Sahba FATİMA, Kaustuva BARİK

Energy Consumption and Economic Growth in Algeria: Cointegration and Causality Analysis

Souhila EDDRIEF-CHERFI, Baghdad KOURBALİ

Energy Consumption and Growth in Romania: Evidence from a Panel Error Correction Model

Nicholas APERGİS, Dan DANULETİU

Income, Price, and Government Expenditure Elasticities of Oil in the Gulf Cooperation Council Countries

Bukhari M. S. SİLLAH, Hamad M.h. ALSHEİKH

Electricity Consumption, Carbon Emissions and Economic Growth in Nigeria

Godwin Effiong AKPAN, Usenobong Friday AKPAN

Optimal Willingness to Supply Wholesale Electricity Under Asymmetric Linearized Marginal Costs

The Role of Speculation in the Determination of Energy Prices

Umar M. MUSTAPHA