Renewable energy, rents and GDP growth in MENA countries
Yükleniyor...
Dosyalar
Tarih
2016
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
TAYLOR & FRANCIS INC
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This is an empirical study on the causal relationship between economic growth and renewable energy for MENA countries in a multivariate panel framework over the period 1997-2009 using a fixed effects model with time effects and including combustible waste, employment, fossil fuel consumption, rents and political stability as additional independent variables in the model. Results show that renewable energy affects GDP growth negatively in the long run while there is a short-run bidirectional relationship between renewable energy and fossil fuel energy consumption. In the long run, GDP is affected by rents and political stability. Also, the dynamic effects model provides evidence that for Iraq, there are additional parameters that affect the renewable energy-growth relationship.
Açıklama
WOS: 000385655700008
Anahtar Kelimeler
Dynamic Model, Fixed Effects Model, Growth, MENA Countries, renewable energy
Kaynak
Energy Sources Part B-Economıcs Plannıng and Polıcy
WoS Q Değeri
Q3
Scopus Q Değeri
Q1
Cilt
11
Sayı
9
