Suchergebnisse

This article aims to empirically analyze the relationship between energy transition, economic growth and CO2 emissions in Algeria, over the period of 1980-2018, using simultaneous equations model. The empirical results reveal that human capital, physical capital stock per capita, energy transition and oil prices stimulate real GDP per capita. Likewise, real GDP per capita positively affects CO2 emissions; however the latter are negatively linked to energy transition and exports. Therefore, increasing the share of renewable energy to fossil fuels consumption is one of the suitable strategies to stimulate economic growth and improve environmental sustainability.

This article aims to empirically analyze the determinants of trade flows between Algeria and the five European Union trading partners, namely, Italy, France, Germany, Spain and Portugal, over the period 1990-2018, using the basic gravity model and the augmented gravity model of international trade. The obtained results show that Algeria's bilateral trade flows with its trading partners is positively affected by GDP growth, and negatively influenced by economic inequality and geographical distance. There is also evidence that colonial past and trade agreements have a weak impact on Algeria's trade flows. Moreover, by suppressing trade barriers and concluding bilateral agreements, Algeria has a real trade potential to promote trade exchanges with Germany, France and Spain.

AbstractThis article aims to empirically analyze the direct and the indirect effects of human capital on energy consumption in Algeria, as well as to test the possible presence of the energy-environmental Kuznets curve (E-EKC) hypothesis, over the period 1970–2017, using cointegrating polynomial regressions (CPR) with break points, and a simultaneous equations model. The obtained results indicate that human capital directly reduces energy demand, and indirectly increases it through income and physical capital stock channels. However, the direct effect is higher than that of the indirect effect. Additionally, CPR results confirm a monotonic increasing relationship between energy use and real GDP per capita; therefore, there is no evidence of the E-EKC hypothesis. This means that increasing economic growth leads to a rise in energy consumption and, in turn, to an intensification of CO2 emissions. The results also indicate that physical capital stock per capita, urban population ratio, and real GDP per capita are positively linked to energy use per capita. In that context, it may be appropriate to adapt the energy system to the growing demand, promoting greater use of renewable energies, if emissions growth is to be contained. Investment in education and improving the quality of human capital is a good way for Algeria to reduce energy consumption and protect the environment, without negatively impacting economic growth.

The aim of this study is to analyse the extent to which different productive factors, and the relationships that exist between them, affect the economic growth of productivity in ten Middle Eastern and North African (mena) countries during the period 1990-2010. A translog production function is estimated by using panel data and the contribution of the factors to growth is calculated. The results show a positive effect of the physical and human capital on productivity and high complementarity relationships between them, both factors being essential in determining economic growth. However, the magnitude of their contribution varies substantially between the ten countries considered. Thus, the capitalisation of the economies and the improvement of the human capital seem to be key policy elements of economic growth in these countries. Nevertheless, a considerable part of the economic growth cannot be explained by these factors, particularly in Syria, Jordan, Saudi Arabia and Tunisia.

Algeria has enormous renewable energy potential. However, fossil fuels remain the main electricity generation source, and the country is the third largest CO2 emitter in Africa. Algeria is also particularly vulnerable to climate change. Therefore, a set of actions related to energy, forests, industry and waste sectors have been programmed, over the period 2015–2030, and the government action program has given priority to promote renewable energy. In this sense, Algeria is committed to significantly promote investment in renewable energy, during the period 2020–2030. Thus by 2030, renewable electricity production capacity will achieve 22,000 MW, representing 27% of total electricity generation. This paper analyzes the electricity generation measures implemented in Algeria to reach the required energy mix, the legislative framework, financial aid, the feed-in tariff system, the tax incentives, and the tender and auctions undertaken. The analyses reveal that, although the electricity price premium policy has not been revoked, the newly enacted tender scheme is designed to become the standard procedure for launching renewable energy projects in Algeria in the coming years.