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

Beitrag in einer Fachzeitschrift
(Originalarbeit)


Details zur Publikation

Autorinnen und Autoren: Dees P, Auktor G
Zeitschrift: Middle East Development Journal
Jahr der Veröffentlichung: 2018
ISSN: 1793-8120
eISSN: 1793-8171
Sprache: Englisch


Abstract


We estimate the impact of an increase of installed capacity for electricity generation from renewable sources and from increasing renewable electricity generation on economic growth in the MENA region, using a neoclassical growth function that includes capital, labor and energy use as additional input factors. Our working hypothesis is that there could be a negative impact from renewable electricity on growth, given the high initial investments associated with alternative energy technologies. We could not prove this hypothesis and even found some evidence for a positive relation between renewable electricity and growth, mainly for renewable electricity generation; however, causality remains unclear. The results hold for several robustness checks. We conclude that investing in renewables does not hinder growth in MENA countries.



FAU-Autorinnen und Autoren / FAU-Herausgeberinnen und Herausgeber

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


Zitierweisen

APA:
Dees, P., & Auktor, G. (2018). Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications. Middle East Development Journal.

MLA:
Dees, Philipp, and Georgeta Auktor. "Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications." Middle East Development Journal (2018).

BibTeX: 

Zuletzt aktualisiert 2018-06-08 um 14:26