Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries
Human development is one of the main aspects of development in each country in which different factors could influence this indicator. In this research, interrelationship between gross domestic product (GDP), energy consumption per capita and HDI and their control factors investigate by using simult...
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Allameh Tabataba'i University Press
2019-04-01
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doaj-8b74fad585324312a7d0bc997e63e0b42020-11-25T03:33:16ZfasAllameh Tabataba'i University PressPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān2423-59542019-04-0183015318410.22054/JIEE.2019.10490Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countriesvahid Mohamadi 0Hajar Mozafari shamsi 1Freydon Asadi 2M.A. in Oil & Gas Economics, Petroleum University of TechnologyM.A. in Economic Sciences, Islamic Azad University of Isfahan (Khorasgan) Branchaculty member and director of energy group in Islamic consultative assembly research centerHuman development is one of the main aspects of development in each country in which different factors could influence this indicator. In this research, interrelationship between gross domestic product (GDP), energy consumption per capita and HDI and their control factors investigate by using simultaneous-equation panel data models based on Generalized Method of Moments (GMM) for a panel of 12 MENA countries during 1997-2015. Findings of this study show that there is a mutual positive and significant relationship between GDP, energy consumption and HDI of the MENA countries. Labor force and investment volume both have positive and statistically significant impact on GDP. On the other hand, Openness of the economy has positive and CO_2 emission have negative relation with HDI of the MENA countries. Also, population and financial development variables have significant and negative relation with energy consumption http://jiee.atu.ac.ir/article_10490_3e65d222c8e87389725a9be26fdf2bdd.pdfgross domestic product energy consumption human development simultaneous equations generalized method of moments |
collection |
DOAJ |
language |
fas |
format |
Article |
sources |
DOAJ |
author |
vahid Mohamadi Hajar Mozafari shamsi Freydon Asadi |
spellingShingle |
vahid Mohamadi Hajar Mozafari shamsi Freydon Asadi Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān gross domestic product energy consumption human development simultaneous equations generalized method of moments |
author_facet |
vahid Mohamadi Hajar Mozafari shamsi Freydon Asadi |
author_sort |
vahid Mohamadi |
title |
Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries |
title_short |
Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries |
title_full |
Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries |
title_fullStr |
Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries |
title_full_unstemmed |
Investigating the Relationship between Economic Growth, Energy Consumption and Human Development in Selected MENA Countries |
title_sort |
investigating the relationship between economic growth, energy consumption and human development in selected mena countries |
publisher |
Allameh Tabataba'i University Press |
series |
Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
issn |
2423-5954 |
publishDate |
2019-04-01 |
description |
Human development is one of the main aspects of development in each country in which different factors could influence this indicator. In this research, interrelationship between gross domestic product (GDP), energy consumption per capita and HDI and their control factors investigate by using simultaneous-equation panel data models based on Generalized Method of Moments (GMM) for a panel of 12 MENA countries during 1997-2015. Findings of this study show that there is a mutual positive and significant relationship between GDP, energy consumption and HDI of the MENA countries. Labor force and investment volume both have positive and statistically significant impact on GDP. On the other hand, Openness of the economy has positive and CO_2 emission have negative relation with HDI of the MENA countries. Also, population and financial development variables have significant and negative relation with energy consumption
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topic |
gross domestic product energy consumption human development simultaneous equations generalized method of moments |
url |
http://jiee.atu.ac.ir/article_10490_3e65d222c8e87389725a9be26fdf2bdd.pdf |
work_keys_str_mv |
AT vahidmohamadi investigatingtherelationshipbetweeneconomicgrowthenergyconsumptionandhumandevelopmentinselectedmenacountries AT hajarmozafarishamsi investigatingtherelationshipbetweeneconomicgrowthenergyconsumptionandhumandevelopmentinselectedmenacountries AT freydonasadi investigatingtherelationshipbetweeneconomicgrowthenergyconsumptionandhumandevelopmentinselectedmenacountries |
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