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Energy intensity and its determinants in OPEC countries

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  • Samargandi, Nahla

Abstract

This study investigates the roles of trade openness, technological innovation, and energy price in energy intensity in OPEC countries using panel Autoregressive Distributed Lags (ARDL) approaches in a dynamic heterogeneous panel setting to analyze panel data over the period 1990–2016. The investigation affirms that trade openness plays a key role in diminishing energy intensity and demonstrates that the innovation is insignificantly associated with energy intensity, while renewable energy is significantly related energy intensity. The robustness check confirms that the findings from ARDL approach are consistent with Dumitrescue-Hurlin Panel causality and Cross-Sectional Auto-Regressive Distributed Lags (CS-ARDL) tests.

Suggested Citation

  • Samargandi, Nahla, 2019. "Energy intensity and its determinants in OPEC countries," Energy, Elsevier, vol. 186(C).
    • Handle: RePEc:eee:energy:v:186:y:2019:i:c:s0360544219314756
    DOI: 10.1016/j.energy.2019.07.133
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    Keywords

    Energy intensity; Innovation; Trade openness; Energy price; OPEC; PMG;
    All these keywords.

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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