The impact of renewable energy consumption to economic growth : a panel data application

Inglesi-Lotz, Roula

dc.contributor.author	Inglesi-Lotz, Roula
dc.date.accessioned	2016-05-06T07:50:43Z
dc.date.issued	2016-01
dc.description.abstract	Internationally, the importance of renewable energy in the energymix has been increasingly appreciated. The advantages of the renewable energy usage for the world's energy security and the environment are indisputable and much discussed in the literature. However, its effects on the economic welfare of the countries are yet to be examined fully and described quantitatively. The purpose of this paper is to estimate the impact of the renewable energy consumption to economic welfare by employing panel data techniques. The results show that the influence of renewable energy consumption or its share to the total energy mix to economic growth is positive and statistically significant. From a policy point of view, promoting renewable energies bears benefits not only for the environment but also for the economic conditions of the countries.	en_ZA
dc.description.department	Economics	en_ZA
dc.description.embargo	2017-01-31
dc.description.librarian	hb2016	en_ZA
dc.description.uri	http://www.elsevier.com/locate/eneco	en_ZA
dc.identifier.citation	Inglesi-Lotz, R 2016, 'The impact of renewable energy consumption to economic growth : a panel data application', Energy Economics, vol. 53, pp. 58-63.	en_ZA
dc.identifier.issn	0140-9883 (print)
dc.identifier.issn	1873-6181 (online)
dc.identifier.other	10.1016/j.eneco.2015.01.003
dc.identifier.uri	http://hdl.handle.net/2263/52499
dc.language.iso	en	en_ZA
dc.publisher	Elsevier	en_ZA
dc.rights	© 2015 Elsevier B.V. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Energy Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Energy Economics, vol. 53, pp. 58-63, 2016. doi : 10.1016/j.eneco.2015.01.003.	en_ZA
dc.subject	Renewable energy	en_ZA
dc.subject	Economic welfare	en_ZA
dc.subject	OECD countries	en_ZA
dc.subject	Panel data analysis	en_ZA
dc.subject	Organisation for Economic Co-operation and Development (OECD)	en_ZA
dc.title	The impact of renewable energy consumption to economic growth : a panel data application	en_ZA
dc.type	Postprint Article	en_ZA