Energy Consumption and Trade Liberalization: Investigating Performance of Economic Growth for French Economy

Authors

  • Muhammad Usman University of Management and Technology, Lahore. Author
  • Arifa Saeed Greenwich University, Karachi. Author
  • Ayesha Latif University of Management and  Technology, Lahore. Author
  • Anam Zakir Virtual University of Pakistan. Author

DOI:

https://doi.org/10.62345/jads.2024.13.1.34

Keywords:

Per Capita GDP, Trade Openness, France

Abstract

This study is organized to determine the performance of economic growth in the French economy. For this purpose, this study considers the role of energy consumption, trade openness and consumer prices as determining factors. The ARDL bounds test will be used for the sample from 1986 to 2022 to obtain empirical results. The results confirm that economic growth and its determinants are cointegrated in the long run. Moreover, the results also reveal that only energy consumption and trade openness significantly boost economic growth. It is further witnessed that capital accumulation is expanding economic growth in France. Among these three factors, trade openness's impact is stronger than the other factors taken in this research.

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Author Biographies

  • Muhammad Usman, University of Management and Technology, Lahore.

    Deputy Manager Treasury, University of Management and Technology, Lahore.
    Email: muhammad.usman@umt.edu.pk

  • Arifa Saeed, Greenwich University, Karachi.

    Assistant Professor, Department of Economics, Greenwich University, Karachi. Email: arfasaeed@gmail.com

  • Ayesha Latif, University of Management and  Technology, Lahore.

    Senior Research Officer, Knowledge and Research Support Services (KRSS), University of Management and 
    Technology, Lahore. Email: Ayesha.latif@umt.edu.pk

  • Anam Zakir, Virtual University of Pakistan.

    Lecturer, Department of Statistics, Virtual University of Pakistan.
    Corresponding Author Email: anam.zakir@vu.edu.pk

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Published

2024-02-28

Issue

Vol. 13 No. 1 (2024): Journal of Asian Development Studies, Volume 13, Issue 1 (March 2024)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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All articles published by Centre for Research on Poverty and Attitude are made immediately available worldwide under an open access license. This means:

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How to Cite

Energy Consumption and Trade Liberalization: Investigating Performance of Economic Growth for French Economy. (2024). Journal of Asian Development Studies, 13(1), 402-411. https://doi.org/10.62345/jads.2024.13.1.34

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