Abstract
ABSTRACTThis 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.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Energy Sources, Part B: Economics, Planning, and Policy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
