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The Contribution of Energy to Economic Growth and Convergence

Author

Listed:
  • Nader AlKathiri
  • Abdulelah Darandary

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Using a sample of 94 countries, we analyze the contribution of energy to cross-country economic growth and convergence since 1980. By extending the traditional frontier approach to include energy as an additional factor of production, we decompose economic growth into components attributable to technological catch-up (movement toward or away from the frontier), technological change (shifts in the world production frontier) and changes in factor inputs per unit of labor (movement along the production frontier).

Suggested Citation

  • Nader AlKathiri & Abdulelah Darandary, 2024. "The Contribution of Energy to Economic Growth and Convergence," Discussion Papers ks--2024-dp14, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks--2024-dp14
    DOI: 10.30573/KS--2024-DP14
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