Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications

Conference contribution
(Conference Contribution)


Publication Details

Author(s): Dees P, Auktor G
Publication year: 2017
Language: English


Abstract


We estimate the impact of increasing electricity generation from renewable sources or, as alternative, increasing renewable generation capacity on economic growth in the MENA region, using a neoclassical growth function that includes capital, labor and energy use as additional input factors. We show that both generation and capacity impact growth positively for several countries and panels we considered, and never negatively. Our results hold for several robustness checks we performed. Our conclusion is that investing in renewables is beneficial for MENA countries, and that this could be an incentive to intensify the existing policy towards renewables in the region.



FAU Authors / FAU Editors

Auktor, Georgeta Prof.
Professur für Gegenwartsbezogene Orientforschung
Dees, Philipp Dr.
Lehrstuhl für Volkswirtschaftslehre


How to cite

APA:
Dees, P., & Auktor, G. (2017). Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications. Chicago, IL, US.

MLA:
Dees, Philipp, and Georgeta Auktor. "Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications." Proceedings of the 37th Annual Meetings of MEEA, Chicago, IL 2017.

BibTeX: 

Last updated on 2018-19-04 at 03:43