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

Author

Listed:
  • Regina Pereira

    (University of Coimbra, Faculty of Economics)

  • Tiago Neves Sequeira

    (University of Coimbra, Centre for Business and Economics,CeBER, Faculty of Economics)

  • Pedro Cerqueira

    (University of Coimbra, Centre for Business and Economics,CeBER, Faculty of Economics)

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.

Suggested Citation

  • Regina Pereira & Tiago Neves Sequeira & Pedro Cerqueira, 2020. "Renewable Energy Consumptionand Economic Growth: a note reassessing panel data results," CeBER Working Papers 2020-10, Centre for Business and Economics Research (CeBER), University of Coimbra.
    • Handle: RePEc:gmf:papers:2020-10
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    More about this item

    Keywords

    Renewable energy consumption; economic growth regressions; economic growth.;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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