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Causality nexus between oil production, industries energy consumption and unemployment in Iran
Energy Exploration & Exploitation ( IF 1.9 ) Pub Date : 2021-05-02 , DOI: 10.1177/01445987211009391
Muhammad Imran Shah 1 , Irfan Ullah 2 , Alam Rehman 3 , Fakhr E Alam Afridi 4 , Muhammad Zeeshan 5
Affiliation  

The study explores the causality between oil production, industrial production, energy consumption, and unemployment in Iran. We use time-series data, spanning the period 1990–2017 and apply VECM method for the data analysis and our findings suggest that crude oil production significantly causes unemployment through industrial production and energy consumption channel both in the short and long run, while energy consumption and industrial production affect unemployment in the short run only. Furthermore, energy consumption also determines industrial production showing energy as a supplement to the industries. The oil production in Iran substantially contributes to the country’s exports and main energy main input to the local industries. Industrial production increases energy consumption and reduces unemployment in the country. Therefore, the government should formulate appropriate policies, which take into account the fact, that changes in oil production have both short-run as well as long-term effects on employment in the country.



中文翻译:

伊朗石油生产,工业能源消耗与失业之间的因果关系

该研究探讨了伊朗石油生产,工业生产,能源消耗和失业之间的因果关系。我们使用1990-2017年间的时间序列数据,并使用VECM方法进行数据分析,我们的发现表明,原油生产在短期和长期内都会通过工业生产和能源消耗渠道显着导致失业,而能源消耗工业生产只会在短期内影响失业。此外,能源消耗还决定了将能源作为工业补充的工业生产。伊朗的石油生产极大地促进了该国的出口以及对当地工业的主要能源主要投入。工业生产增加了能源消耗并减少了该国的失业。所以,

更新日期:2021-05-03
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