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Registros recuperados: 6
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Agricultural and non-agricultural outputs and energy consumption in Tunisia: empirical evidences from cointegration and causality AgEcon
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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CO2 emissions, energy consumption and economic growth in Tunisia AgEcon
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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Agricultural Sector and Economic Growth in Tunisia: Evidence from Co-integration and Error Correction Mechanism AgEcon
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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Investigating linkages between economic growth, energy consumption and pollutant emissions in Tunisia AgEcon
Chebbi, Houssem Eddine.
The aim of this study is to understand long and short-run linkages between economic growth, energy consumption and carbon emission using Tunisian data over the period 1971-2004. Cointegration procedure is used to analyze the time series properties of the series and error-correction terms were considered to test for the direction of Granger causality. 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. The short-run analysis, provide support for causality running from CO2 emissions growth to output growth, both in the short-run and the long-run. The results...
Tipo: Conference Paper or Presentation Palavras-chave: Pollutant emissions; Economic growth; Cointegration; Causality; Tunisia; Environmental Economics and Policy; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/50944
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The effect of long-run identification on impulse-response functions: An application to the relationship between macroeconomics and agriculture in Tunisia AgEcon
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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Macroeconomics and Agriculture in Tunisia AgEcon
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
Registros recuperados: 6
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