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

Dees P, Auktor G (2017)

Publication Language: English

Publication Type: Conference contribution, Conference Contribution

Publication year: 2017

Event location: Chicago, IL US

URI: https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=MEEA17&paper_id=64

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.

Authors with CRIS profile

Philipp Dees Lehrstuhl für Volkswirtschaftslehre mit dem Schwerpunkt Entwicklungsökonomik Georgeta Auktor

How to cite

APA:

Dees, P., & Auktor, G. (2017). Renewable energy and economic growth in the MENA region: Empirical evidence and policy implications. In Proceedings of the 37th Annual Meetings of MEEA. 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.

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