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Renewable Energy Consumptionand Economic Growth: a note reassessing panel data results

Regina Pereira, Tiago Sequeira and Pedro Cerqueira
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Regina Pereira: University of Coimbra, Faculty of Economics

No 2020-10, CeBER Working Papers from Centre for Business and Economics Research (CeBER), University of Coimbra

Abstract: We contribute to the renewable energy consumption-income (and growth) nexus literature by performing an empirical study on a worldwide panel data, also accounting for cross-country dependency using a parsimonious specification that accounts for traditional sources of income differences as well as institutional features of the countries. Our results present either negative or nonsignificant influence of the share of renewable energies consumption to economic growth and income.

Keywords: Renewable energy consumption; economic growth regressions; economic growth. (search for similar items in EconPapers)
JEL-codes: O40 Q21 Q43 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2020-06
New Economics Papers: this item is included in nep-ene and nep-env
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