Renewable energy, CO2 emissions and value added: Empirical evidence from countries with different income levels

By Mehdi Ben Jebli, Sahbi Farhani, Khaled Guesmi. 2020

237 citations recorded by the source corpus.

Abstract This study explores the relationship between CO2 emissions, economic growth, renewable energy consumption, industrial value added and service value added during the period 1990–2015. Annual data of 102 1 countries classified by income levels: low-income, lower middle-income, upper middle-income and high-income countries. Using the Generalized Method of Moments system and Granger causality test, the results revealed that except for the lower-middle income countries, renewable energy consumption leads to decrease CO2 emissions in all the countries. The estimation revealed that renewable energy consumption affects negatively (respectively positively) service and industrial values added for higher income and low-middle income countries (respectively upper-middle income countries). For low-income countries, renewable energy consumption contributes to the increase (respectively decrease) of industrial value added (respectively service value added). With a small proportion, renewable energy consumption has a positive impact on both industrial and service values added for the global panel.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/33d2ec32dee8d865908b5990c1f602083942a4cd

Citations in the corpus

• Investigating the role of environmental taxes and regulations for renewable energy consumption: evidence from developed economies (2021, unknown): “The implication of multi-dimensional environmental policies has contributed to EPS being the first tangible policy mechanism to evaluate environmental stringency and introduce further policy reforms (Albrizio et al., 2017; Ben Jebli et al., 2020; Shahzad, 2020).”