Investigating the Impact of Digitalization and Energy Intensity on Economic Growth in Mena Selected Countries

Document Type : Original Article

Authors

1 Associate in Economics, Department of Economics, University of Ilam

2 M.A. Student in Economics, Department of Economics, University of Ilam

Abstract

Today, the digital economy can be called the main source of growth in any economy, and countries are increasingly looking for solutions to development of the digital economy and the factors affecting it. Also, the process of changes in the structure of the energy system, fluctuations in energy consumption and price and possibility of replacing fuels with each other, saving energy in energy consumption, and also reducing energy intensity have special importance. Therefore, the main purpose of this study was to investigate the impact of digitalization and energy intensity on economic growth in selected MENA countries. For this purpose, indicators of different sectors of the economy and panel data methods including fixed, random and FGLS techniques are used. The study period is 2000-2021. The results of the study showed that in general, the improvement in digitalization, urban population, the added value of the industry sector and the trade openness has a positive effect in economic growth in selected MENA countries, and energy intensity and its simultaneous effect with the digitization index, have a nagative effect in economic growth in selected MENA countries

Keywords

References

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Journal of Econometric Modelling
Volume 8, Issue 4 - Serial Number 32
December 2023
Pages 43-65

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