Threshord Effect of the Economic Growth Rate on the Development of Renewable Energy: Evidences from OPEC Countries

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

KARSHENASAN ALI; Mohammadi Khiareh Mohsen

Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: ENERGY ECONOMICS REVIEW Year:2020 | Volume:16 | Issue:66 Page(s): 193-218

Download Full-Text

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Persian Verion

View:

364

Download:

Cites:

Information Journal Paper

Title

Threshord Effect of the Economic Growth Rate on the Development of Renewable Energy: Evidences from OPEC Countries

Author(s)

KARSHENASAN ALI | Mohammadi Khiareh Mohsen | Issue Writer Certificate

Keywords

Renewable energyQ1

economic growthQ1

energy priceQ2

Rent opportunitiesQ2

PSTRQ1

Abstract

This paper studies the non linear relationship between energy prices, natural resources Rent opportunities and Renewable energy consumption under different economic growth rates for OPEC member countries during the 2005-2016 period. Using a panel smooth transition regression (PSTR) model, our findings prove a non-linear relationship between Renewable energy consumption and the rate of economic growth; with a GDP growth rate of 4. 24% being the threshold at which the nature of the regression relationship. The consumer price of energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but in the lower GDP growth rate regime the relationship is significantly negative. This result is expected beacause of cheap natural resources, subsidied fuel prices and lack of Renewable energy infrastructure development in OPEC member countries. The impact of natural resources Rent opportunities was significantly negative in both regimes, but this effect is significantly reduced for high growth rates. Therefore, in countries characterized by high rates of natural resources rents reduces the positive impact of GDP growth rate on use of renewable energies.

Cites

No record.

References

No record.

Cite

APA: Copy

KARSHENASAN, ALI, & Mohammadi Khiareh, Mohsen. (2020). Threshord Effect of the Economic Growth Rate on the Development of Renewable Energy: Evidences from OPEC Countries. ENERGY ECONOMICS REVIEW, 16(66 ), 193-218. SID. https://sid.ir/paper/399903/en

Vancouver: Copy

KARSHENASAN ALI, Mohammadi Khiareh Mohsen. Threshord Effect of the Economic Growth Rate on the Development of Renewable Energy: Evidences from OPEC Countries. ENERGY ECONOMICS REVIEW[Internet]. 2020;16(66 ):193-218. Available from: https://sid.ir/paper/399903/en

IEEE: Copy

ALI KARSHENASAN, and Mohsen Mohammadi Khiareh, “Threshord Effect of the Economic Growth Rate on the Development of Renewable Energy: Evidences from OPEC Countries,” ENERGY ECONOMICS REVIEW, vol. 16, no. 66 , pp. 193–218, 2020, [Online]. Available: https://sid.ir/paper/399903/en

Related Journal Papers