Study on the relationship between Oil Consumption and Economic Growth In Quebec
Journal Title: Advances in Social Sciences Research Journal - Year 2017, Vol 4, Issue 10
Abstract
Oil has maintained a dominant part of Quebec’s energy balance. It is one of the main inputs for manufacturing sectors and transportation, so Oil is also very important for the Quebec’s economic growth. This paper investigates the short and long-run causality issues between oil consumption and economic growth in Quebec, using cointegration, and Granger causality test based on error-correction model, from annual data covering the period of 1983-2013. The overall results reveal that there is unidirectional causality running from economic growth to oil consumption without any feedback effects. Thus, oil conservation policies can be initiated without deteriorating economic side-effects in Quebec.
Authors and Affiliations
Souhila Cherfi
Keywords
Related Articles
- EP ID EP329559
- DOI 10.14738/assrj.410.3180.
- Views 82
- Downloads 0
A DSM Comparative Study of PTSD Incidence in Indonesia
A research project measured PTSD incidence in disaster-prone zones of Indonesia, Java six and Sumatra three years post-disaster. The Downs Posttraumatic Stress Scale, a new instrument with high reliability for children a...
Structural Change in Ethiopia: Is The Country Catching Up or Lagging Behind?
Attaining a sustained economic growth is the prime objective of any nation in the entire world. Some countries potentially tackle this challenge and can register an extensive economic progress. However, this is true for...
Project Management and Succesful Entrepreneurship Venture in Nigeria.
This paper takes an empirical look at project management and small business entrepreneurship venture operations in Nigeria. It posit that project management background is essential to the setting up and good performance...
Youth Issues in Globalized Societies: Social Change, Neoliberalism, Political Participation. A Critical Overview
This paper seeks to address a specific aspect of the condition of youth today which results from the link between the impact of neoliberal policies and the critical reaction of young people to them. Starting from an awar...
Moderating Effects Of Government Environmental Policies On Green Products Toward Consumer Buying Behavior
Green marketing is the concept itself embodies the notion that the product of a given company is produced using environmentally friendly process. The down side is that the consumer need to be made aware regarding these i...