The impact of renewable energy consumption to economic growth : a panel data application
| dc.contributor.author | Inglesi-Lotz, Roula | |
| dc.contributor.email | roula.inglesi-lotz@up.ac.za | en_ZA |
| 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 |