Revue Finance & marchés
Volume 7, Numéro 1, Pages 1-19
This paper looks at the relationship between per capita GDP and per capita energy consumption for Algeria during the period from 1971 to 2016, utilizing a modified version of the Granger (1969) causality test proposed by Toda and Yamamoto (1995). The empirical results show that there is a unidirectional causality running from GDP per capita to energy consumption.
Energy Consumption ; Economic Growth ; Toda and Yamamoto Causality ; Algeria.
Brahim Bounab Hiba