Urbanization and non-renewable energy demand: A comparison of developed and emerging countries
Ali Salman Saleh and
Energy, 2019, vol. 170, issue C, 832-839
Much of the current literature that deals with the effect of urbanization on energy demand focuses only on a specific region or a single country. This research extends the current literature by concentrating on a sample of countries containing developed and emerging countries. Our study inspect for those countries the impacts of urbanization and other key determinants on demand of non-renewable energy during the period 1980–2014. In addition, this empirical research employs an advanced heterogeneous panel techniques such as Augmented Mean Groups (AMG). Our empirical results suggest that a one percent rises in urbanization rises the consumption of non-renewable energy by 0.72%. We find that (as compared to the effect of factors such as the GDP and the price of oil) urbanization has the largest effect on non-renewable energy demand.
Keywords: Urbanization; Non-renewable energy consumption; GDP; Oil price; MG; AMG; CCEMG (search for similar items in EconPapers)
JEL-codes: R19 Q43 C23 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:170:y:2019:i:c:p:832-839
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