Renewable and Non-Renewable Energy Consumption and Its Impact on Economic Growth
نویسندگان
چکیده
Energy is an important factor in boosting and sustaining the economic growth level of a country. The aim this study was to investigate relationship between energy consumption selected developed developing countries from 1993–2019. For purpose, we used Pedroni co-integration method determine long-term consumption. To estimate parameters, panel fully modified OLS Dumitrescu Hurlin heterogeneous causality estimation technique were used, direction variables considered. results showed that had positive significant effect on both groups countries. analysis revealed existence protection renewable Hence, policies lead increase independent these can effectively impact their growth. On other hand, feedback shows storage reduced may pose threat
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ژورنال
عنوان ژورنال: Sustainability
سال: 2023
ISSN: ['2071-1050']
DOI: https://doi.org/10.3390/su15043822