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Chebbi, Houssem Eddine; Boujelbene, Y.. |
This short paper investigates the cointegration and causality link between energy consumption and agricultural, non-agricultural outputs (manufacturing sector and services sector) and overall gross domestic product in Tunisia for 1971-2003 period. Empirical results suggest that there is only unidirectional causality running from agricultural and non-agricultural sectors to energy consumption as well as from overall GDP growth to energy consumption. This unidirectional causality signifies a less energy dependent economy and suggests that it is sectoral growth that drives the energy consumption in Tunisia and not vice versa. Empirical results suggest also that Tunisian agricultural sector growth does not depend on energy, and high consumption of energy do... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Energy consumption; Output growth; Causality; Cointegration; Tunisia; Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/44055 |
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Chebbi, Houssem Eddine; Boujelbene, Y.. |
The aim of this country specific study is to understand long and short-run linkages between economic growth, energy consumption and CO2 emission using Tunisian data over the period 1971-2004. Statistical findings indicate that economic growth, energy consumption and CO2 emission are related in the long-run and provide some evidence of inefficient use of energy in Tunisia, since environmental pressure tends to rise faster than economic growth. In the short run, results support the argument that economic growth exerts a positive “causal” influence on energy consumption growth. In addition, results from impulse response do not confirm the hypothesis that an increase in pollution level induces economic expansion. Although Tunisia has no commitment to reduce... |
Tipo: Conference Paper or Presentation |
Palavras-chave: CO2 emissions; Energy Consumption; Economic Growth; Tunisia; Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/44016 |
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Chebbi, Houssem Eddine; Lachaal, Lassaad. |
For the past two decades, Tunisia has been undertaken important structural reforms, which call in most cases for market and trade liberalization (agricultural structural adjustment program, GATT reforms, free trade area with the European Union). The private-led type of growth strategy with less government intervention has culminated these last years into a more rapid economic growth and openness. Within this context, this paper examines the agricultural sector role into the economic growth and its interactions with the other sectors using time-series co-integration techniques. We use annual data from 1961 to 2005 to estimate a VAR model that includes GDP indices of five sectors in Tunisian economy. Empirical results from this study indicate that in the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Co-integration; Economic growth; Agricultural sector; Tunisia; International Development; C22; O13; Q18. |
Ano: 2007 |
URL: http://purl.umn.edu/9416 |
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Ben Kaabia, Monia; Gil, Jose Maria; Chebbi, Houssem Eddine. |
The objective of this paper is to analyse some of the most relevant relationships among macroeconomic variables and the agricultural sector in Tunisia. Three alternative models are specified and estimated: a VAR in levels, an unrestricted Vector Error Correction Model (VECM), and a Restricted VECM in which long-run relationships among the relevant variables are identified. In all models short-run dynamics are analysed through the use of Generalised Impulse Response Functions. Results indicate that alternative model specifications generate different short-run dynamics. Long-run identification seems to be a necessary condition for obtaining consistent economic results. |
Tipo: Journal Article |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/26459 |
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Ben Kaabia, Monia; Gil, Jose Maria; Chebbi, Houssem Eddine. |
This paper aims to analyse the impact of changes in the monetary policy and the exchange rate on agricultural supply, prices and exports. The methodology used is based on the multivariate cointegration approach. Ten variables are considered: interest and exchange rates, money supply, inflation, agricultural output and input prices, agricultural supply and exports, income and the rate of commercial openness. Sample period covers annual data from 1967 to 2002. Due to the short-sample period, two subsystems are considered. First, long-run relationships are identified in each subsystem. Second, both subsystems are merged in order to calculate the short-run dynamics. Results indicate that changes in macroeconomic variables have an effect on the agricultural... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Macroeconomic policy; Agro-food sector; Tunisia; Impulse-response functions; Political Economy; C32; N57; O31. |
Ano: 2005 |
URL: http://purl.umn.edu/24597 |
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