Trends of Energy Consumption in Muslim Countries: Capturing the Effects of Tourism and Government Effectiveness

Authors

  • Adiba Amjad The Government Sadiq College Women University, Bahawalpur, Pakistan.
  • Farzana Munir Bahauddin Zakariya University, Multan, Pakistan
  • Ismat Nasim The Government Sadiq College Women University, Bahawalpur, Pakistan.
  • Furrukh Bashir Bahauddin Zakariya University, Multan, Pakistan

DOI:

https://doi.org/10.52131/joe.2023.0503.0159

Keywords:

Tourism, Energy Consumption, National Governance, Government Effectiveness

Abstract

The focus of this study is to check how energy consumption is affected by tourism, FDI, and urban population in the Muslim nations keeping in view the role of government effectiveness during 2001-2022.  The empirical analyses are based on slope homogeneity tests, cross-sectional dependency tests, unit root test and Panel ARDL tests. The empirical evidence suggests that carbon emissions, tourism, foreign direct investment, and urban population increase all have a positive impact on energy consumption. On the other hand, the efficiency of governance appears to have the opposite effect on energy use. Reducing carbon emissions while concurrently increasing energy efficiency, shifting to renewable energy sources, and minimizing the negative effects of energy usage on the environment and society is a worldwide necessity.

Author Biographies

Adiba Amjad, The Government Sadiq College Women University, Bahawalpur, Pakistan.

Research Scholar, Department of Economics,

Farzana Munir, Bahauddin Zakariya University, Multan, Pakistan

Assistant Professor, School of Economics,

Ismat Nasim, The Government Sadiq College Women University, Bahawalpur, Pakistan.

Lecturer, Department of Economics

Furrukh Bashir, Bahauddin Zakariya University, Multan, Pakistan

Assistant Professor, School of Economics,

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Published

2023-09-20

How to Cite

Amjad, A., Munir, F., Nasim, I., & Bashir, F. (2023). Trends of Energy Consumption in Muslim Countries: Capturing the Effects of Tourism and Government Effectiveness. IRASD Journal of Economics, 5(3), 765–775. https://doi.org/10.52131/joe.2023.0503.0159