Dynamic relationship between energy consumption and GDP in Algeria (1971-2017)‎

الملخص EN

The objective of this study is to investigate the relationship between energy consumption and real GDP per capita (oil and non-oil) in Algeria over the 1971-2917 period by using SVECM methodology.

The empirical results of this study show that any energy conservation policy has asymmetric effects on oil and non-oil GDP in Algeria.

A positive energy consumption shock had a negative impact on oil and non-oil GDP per capita.

However, the GDP, oil GDP and non-oil GDP shocks positively affected energy consumption in Algeria.