ELECTRICITY CONSUMPTION AND INDUSTRIAL GROSS DOMESTIC PRODUCT NEXUS IN SFAX: AN ARDL BOUNDS TESTING APPROACH

摘要

This study examines the intertemporal causal relationship between energy consumption and economic growth in Sfax-using one proxy of energy consumption, namely, medium-voltage electricity consumption (EC) destined for use by the industrial sector and one proxy of economic growth, namely, gross domestic product (GDP) for the industrial manufacturing sector. Previous studies tackled the case of causality in Tunisia by using the Engle and Granger cointe-gration test and the maximum likelihood test based on S. Johansen and S. Johansen and K. Juselius.