The Contribution of Energy to Economic Growth and Convergence

Nader AlKathiri and Abdulelah Darandary
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Abdulelah Darandary: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Using a sample of 94 countries, we analyze the contribution of energy to cross-country economic growth and convergence since 1980. By extending the traditional frontier approach to include energy as an additional factor of production, we decompose economic growth into components attributable to technological catch-up (movement toward or away from the frontier), technological change (shifts in the world production frontier) and changes in factor inputs per unit of labor (movement along the production frontier).

Pages: 32
Date: 2024-05-12
New Economics Papers: this item is included in nep-ene, nep-gro and nep-his
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https://www.kapsarc.org/research/publications/the- ... wth-and-convergence/ First version, 2024

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2024-dp14

DOI: 10.30573/KS--2024-DP14

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