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Oil is used as an essential source of energy because it is one of the significant inputs of production especially in manufacturing sectors. This study employs symmetric and asymmetric Autoregressive Distributed Lag Model to explore oil price effect on manufacturing output over 1985-2017 in Saudi...
Persistent link: https://www.econbiz.de/10012212888
The growing interdependency among East Asian countries means that there is concern not only on the way their macroeconomic variables are linked across borders, but also on the way shocks are transmitted as a consequence. This paper investigates the effect of macroeconomic linkages on...
Persistent link: https://www.econbiz.de/10011988790
Extensive literature explored debt-growth, growth-energy usage, and growth-poverty link. However, the debt and energy poverty (EP) has received less focus. Despite having a significant impact of these two on economic performance and millions of people's lives. This study employs a modern sets of...
Persistent link: https://www.econbiz.de/10013553533
Energy is an indubitable imperative for economic development, yet it also generates CO2 emissions, which are the leading cause of climate change and environmental deterioration. Renewable energy can stimulate economic growth and can help to achieve economic and environmental sustainability. This...
Persistent link: https://www.econbiz.de/10014439706
Transitioning from fossil fuel usage to the adoption of green energy is crucial for mitigating the adverse impacts of greenhouse gas emissions. There is an urgent imperative to shift the economy away from reliance on non-renewable energy sources towards renewable alternatives to address...
Persistent link: https://www.econbiz.de/10015191102