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Energy Consumption-Economic Growth Nexus: Does The Level Of Aggregation Matter?, Maamar Sebri, Mehdi Abid Dec 2011

Energy Consumption-Economic Growth Nexus: Does The Level Of Aggregation Matter?, Maamar Sebri, Mehdi Abid

Maamar Sebri

This study investigates the causal relationship between energy consumption and economic performance for the total economy as well as for industry, transport, and residential sectors for Tunisia during the period 1980-2007. The application of Vector error correction model (VECM) for non-stationary and cointegrated series suggests that causality directions at aggregated and disaggregated levels are mixed. However, the findings have important policy implications. While at the level of the total economy, energy plays an important role in development of Tunisian economy, it seems not to have an impact on economic performance at sectoral level. We conclude that results appear to be ...


The Mediterranean Zone In Front Of Air Pollution: An Econometric Investigation, Maamar Sebri Jan 2009

The Mediterranean Zone In Front Of Air Pollution: An Econometric Investigation, Maamar Sebri

Maamar Sebri

La dépollution de la Méditerranée constitue l’un des principaux chapitres portés par la coopération entre les deux rives nord et sud dans le cadre de l’Union Pour la Méditerranée (UPM). L’objectif de ce papier est d’examiner la relation existante entre l’évolution des émissions du dioxyde carbone (CO2) et la croissance économique dans les pays membres de l’UPM. Cette relation est décrite par la Courbe Environnementale de Kuznets (CEK) qui postule une relation en U inversé entre la dégradation de l’environnement et la croissance économique. Le choix de la spécification économétrique et le problème ...