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La Consommation D'Energie Renouvelable Et La Croissance Economique Dans L'Europe De L'Ouest

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  • Mehdi BEHNAME

    (Department Of Economics of Ferdowsi University of Mashhad (FUM) Mashhad, Iran)

Abstract

The purpose of this article is to investigate the causality relationship between renewable energy consumption and economic growth on long run and short run in the West of Europe countries in the period 1995-2010. Pedroni (2000) test reveals that there is a long run relationship between our variables and Hausman (1978) test shows that we should apply fixed effects model. The results for causality test show that there is a bidirectional relationship in long run and short run between economic growth and renewable energy consumption. Therefore, these countries can replace this energy instead of oil for decreasing of dependence at abroad.

Suggested Citation

  • Mehdi BEHNAME, 2012. "La Consommation D'Energie Renouvelable Et La Croissance Economique Dans L'Europe De L'Ouest," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 160-171, December.
    • Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:160-171
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    Cited by:

    1. Houcine Benlaria & Abu Alhassan Jumaa Hamid Hamad, 2022. "Economic Impact of Renewable Energy on Sustainable Development in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 311-318, September.
    2. Sebri, Maamar, 2015. "Use renewables to be cleaner: Meta-analysis of the renewable energy consumption–economic growth nexus," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 657-665.

    More about this item

    Keywords

    energy consumption; renewable energy; West of Europe; economic growth; panel data;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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