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Key Determinants of Energy Demand: Case of Morocco

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  • Bikrat Fatiha
  • Mohamed Karim

Abstract

Energy management is a major issue in economic development that goes hand in hand with sustainable development. The objective of this study is to analyze the determinants of energy demand in Morocco during the period 1990-2016. For years to come, energy demand has tended to grow. As a result, it is important to understand the key determinants of energy demand through the analysis of three independent variables- gross domestic product (GDP), access to electricity and direct foreign investment. The approach adopted is to use an Error Correction Vector Model (VECM). Empirical results show that energy demand in Morocco is linked to real causes, which are GDP, access to electricity and foreign direct investment.

Suggested Citation

  • Bikrat Fatiha & Mohamed Karim, 2019. "Key Determinants of Energy Demand: Case of Morocco," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(5), pages 1-50, May.
  • Handle: RePEc:ibn:ijefaa:v:11:y:2019:i:5:p:50
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    References listed on IDEAS

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    Cited by:

    1. El Asri, Najat & Nouira, Youness & Maaroufi, Ibtissam & Marfak, Abdelghafour & Saleh, Nour & Mharzi, Mohammed, 2022. "The policy of energy management in public buildings procurements through the study of the process of delegated project management - Case of Morocco," Energy Policy, Elsevier, vol. 165(C).
    2. Kabiru Saidu Musa & Rabiu Maijama’a, 2020. "Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach," Energy Economics Letters, Asian Economic and Social Society, vol. 7(2), pages 61-73, December.
    3. Rabiu Maijama’a & Kabiru Saidu Musa, 2020. "Crude Oil Price Fluctuation and Unemployment Nexus in Nigeria: Evidence from VECM Technique," Energy Economics Letters, Asian Economic and Social Society, vol. 7(2), pages 94-109, December.

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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