Empirical analysis of the economic complexity boost on the impact of energy transition on economic growth: A panel data study of 124 countries

Lamiae Sarsar and Abdellah Echaoui

Energy, 2024, vol. 294, issue C

Abstract: This study investigates the moderating role of economic complexity in the relationship between energy transition and economic growth, utilizing panel data from 124 countries spanning 2000–2020 and employing the robust weighted least squares (RWLS) estimation method. Our findings indicate an overall negative impact of energy transition on economic growth. Notably, economic complexity emerges as a positive moderator, alleviating the adverse effects of energy transition. This novel insight challenges existing literature, contributing to a more comprehensive understanding of the interplay between renewable energy adoption, economic growth, and economic complexity. Policymakers should acknowledge the intricate dynamics involved in transitioning to renewable energy sources and consider the role of economic complexity in shaping outcomes.

Keywords: Economic complexity; Renewable energy; Energy transition; Economic growth; Robust weighted least square (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544224004845
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:294:y:2024:i:c:s0360544224004845

DOI: 10.1016/j.energy.2024.130712

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().