THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ECONOMIC GROWTH IN OPEC COUNTRIES

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ARBAB HAMID REZA; EMAMI MEIBODI ALI; RAJABI GHADI SABA

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Journal: IRANIAN ENERGY ECONOMICS Year:2017 | Volume:6 | Issue:23 Page(s): 29-56

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Title

THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ECONOMIC GROWTH IN OPEC COUNTRIES

Author(s)

ARBAB HAMID REZA | EMAMI MEIBODI ALI | RAJABI GHADI SABA | Issue Writer Certificate

Keywords

RENEWABLE ENERGYQ2

ECONOMY GROWTHQ1

OIL EXPORTING COUNTRIESQ2

OPECQ1

Abstract

The amount of energy consumption per growth affects on economic growth in all countries, so the access of world countries to variety of energy is essential for economic growth. Numerous studies in a world have shown that the pace of growth of energy consumption will largely depend on the level of economic growth. The present study aims to investigate on the researches that has been done on impact of the RENEWABLE ENERGY consumption on the economic growth, all over the world. And after that the relation between RENEWABLE ENERGY consumption and growth in a selected countries of OPEC members during 1985-2014. With unit root test determine stability of data and proved that all data are stable. The linear Granger causality test indicate unidirectional causality from energy consumption to growth. F limer and hausman test also stimate for determining the Regression model.

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APA: Copy

ARBAB, HAMID REZA, EMAMI MEIBODI, ALI, & RAJABI GHADI, SABA. (2017). THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ECONOMIC GROWTH IN OPEC COUNTRIES. IRANIAN ENERGY ECONOMICS, 6(23 ), 29-56. SID. https://sid.ir/paper/244815/en

Vancouver: Copy

ARBAB HAMID REZA, EMAMI MEIBODI ALI, RAJABI GHADI SABA. THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ECONOMIC GROWTH IN OPEC COUNTRIES. IRANIAN ENERGY ECONOMICS[Internet]. 2017;6(23 ):29-56. Available from: https://sid.ir/paper/244815/en

IEEE: Copy

HAMID REZA ARBAB, ALI EMAMI MEIBODI, and SABA RAJABI GHADI, “THE RELATIONSHIP BETWEEN RENEWABLE ENERGY USE AND ECONOMIC GROWTH IN OPEC COUNTRIES,” IRANIAN ENERGY ECONOMICS, vol. 6, no. 23 , pp. 29–56, 2017, [Online]. Available: https://sid.ir/paper/244815/en

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