The impact of renewable energy consumption to economic growth: A replication and extension of
By Eyup Dogan, Buket Altinoz, Mara Madaleno, Dilvin Taşkın. Energy Economics, 2020
210 citations recorded by the source corpus.
Abstract This study replicates and extends the results presented in a top-cited article in this journal, Inglesi-Lotz (2016) , which analyzes the impact of renewable energy consumption to economic growth for the OECD countries by applying the ordinary least squares with fixed effect estimator on the data from 1990 to 2010. By using the same data and methods, this study first produces and compare empirical results with those reported in the original article. Then, it applies a set of new econometric methods on the same data to address heterogeneity in renewable energy and economic growth across the analyzed group of countries. The panel quantile regression estimation shows that the effect of renewable energy consumption on economic growth is positive for lower and low-middle quantiles; however, its effect becomes negative for middle, high-middle, and higher quantiles when renewable energy consumption is proxied by the absolute value. Furthermore, a negative impact of renewable energy on economic growth is observed in almost all quantiles when it is proxied by the share of renewable energy consumption to total energy consumption. These results greatly differ from those of the original study
Subfields: Economics and Econometrics, Pollution, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/c3c828aa033c1ca0ae7d2d64269e203ac91c4fa1
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In Economics and Econometrics
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In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Impact of technological innovation on energy efficiency in industry 4.0 era: Moderation of shadow economy in sustainable development (2021, background): “Literature review Energy efficiency assumes a critical part in energy framework of sustainable growth and development as it can ensure a country’s energy security (Destek and Sinha, 2020; Dogan et al., 2020; Liu et al. 2020).”