Measuring the impact of renewable energy consumption on economic growth in Jordan during the period 1990-2020

Abstract

The study aimed to analyze and measure the impact of renewable energy consumption on economic growth in Jordan during the period 1990-2020 using time series analysis; the study tests the stationarity of the time series using the ARDL model. The results show a positive and significant effect of each, renewable energy consumption, gross fixed capital formation, carbon dioxide emissions, and total population, on the real gross domestic product (GDP). The study recommends the importance of government agencies adopting specialized programs in reducing emissions with stakeholders' participation. To work together to spread awareness in this field, limit the spread of these emissions, and ensure that this is a complementary condition for the sectors participating in these programs to obtain funding and provide it over other sectors.