Is renewable energy a model for powering Eastern African countries transition to industrialization and urbanization?
Presley K. Wesseh and
Boqiang Lin ()
Renewable and Sustainable Energy Reviews, 2017, vol. 75, issue C, 909-917
This study profiles a conversation on the appropriateness of renewable energy as a model for powering development in East African countries. Estimated output elasticities of nonrenewable energy (0.29 – 0.48) are by far larger than those of renewable energy (−0.12 – 0.08); and as such, highlights the relative importance of the former. Also, the biased component of technical change shows higher technological progress for nonrenewable energy. Furthermore, substitution elasticities are positive (0.77 – 0.92); suggesting huge potential for a transition towards renewable energy. However, inherent limitations in renewables, documented in Wesseh and Lin **[52,53], undermine the usefulness of East African countries reliance on renewable energy.
Keywords: Renewable energy; Nonrenewable energy; Energy poverty; Mitigation; Economic growth; Eastern Africa (search for similar items in EconPapers)
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