Determinants of Energy Consumption in Egypt “New Approach”

Authors

  • Mohammed Galal Abdallah Mostafa Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.
  • Mousa Gowfal Selmey Gowfal Selmey Department of Economics, Faculty of Commerce, Mansoura University, Mansoura, Egypt.

DOI:

https://doi.org/10.32479/ijeep.12719

Abstract

In Egypt, policymakers are particularly concerned about energy consumption. So, The goal of this study is to look into the factors that influence Egyptian energy consumption. The study applied a new approach known as artificial neural network (ANN) from 2000 to 2020 to achieve this goal. according to the results of this study, global energy prices are the most important determinants of Egyptian energy consumption, followed by economic growth and trade openness. Other factors such as population growth, inflation, urbanization, and industrialization, which have been highlighted in other papers, are not determinants of Egyptian energy consumption. this research recommends that need to follow policies that rationalize energy consumption and improve the efficiency of its use

Keywords:

Energy Consumption, Artificial neural network, Determinants, Egypt

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Published

2022-03-20

How to Cite

Abdallah Mostafa, M. G., & Selmey, M. G. S. G. (2022). Determinants of Energy Consumption in Egypt “New Approach”. International Journal of Energy Economics and Policy, 12(2), 175–180. https://doi.org/10.32479/ijeep.12719

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Articles