Renewable energy consumption-economic growth nexus in E-7 countries
Yükleniyor...
Tarih
2016
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
TAYLOR & FRANCIS INC
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study investigates the long-run relationship between renewable energy consumption and economic growth for E-7 countries over the period 1992-2012 by heterogeneous panel data analysis techniques. Heterogeneous panel cointegration test results confirm the existence of a long-run relationship among real gross domestic product (GDP), renewable energy consumption, real gross fixed capital formation, and labor force. According to the long-run output elasticities, renewable energy consumption has a positive impact on real GDP in E-7 countries. In this study, long-run output elasticities of each country are also estimated by time series analysis techniques. Empirical findings reveal the heterogeneity across countries.
Açıklama
Anahtar Kelimeler
Economic Growth, E-7, Panel Data, Renewable Energy, Sustainability
Kaynak
ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
WoS Q Değeri
N/A
Scopus Q Değeri
Q1
Cilt
11
Sayı
12
