 Does alternative energy usage converge across Oecd countries?Caner Demir and Raif Cergibozan Renewable Energy, 2020, vol. 146, issue C, 559-567 Abstract: The purpose of this study is to examine whether there exists a significant convergence process in the share of alternative energy use across 28 OECD (The Organisation for Economic Co-operation and Development) countries over the 1971–2015 period. Since energy resources are scarce and the most widely used energy sources might be harmful to the environment, seeking the productive, efficient and cleaner energy types becomes more important. Moreover, international institutions and agreements on the environment strongly recommend using these types of energy sources. From this point of view, the study suggests that these efforts on increasing the share of alternative energy use will cause a convergence process between countries. The findings obtained from the difference- and system-GMM (generalized method of moments) estimations reveal that there is a statistically significant convergence process across OECD countries and it is also observed that the speed of convergence is even higher when the country-specific economic and social factors are controlled. Keywords: Alternative energy; Environment; Panel data; OECD (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:146:y:2020:i:c:p:559-567 DOI: 10.1016/j.renene.2019.06.180 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.