Conference contribution
(Conference Contribution)


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


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

Event details
Event: 37th Annual Meetings of MEEA
Event location: Chicago, IL
Start date of the event: 05/01/2017
End date of the event: 08/01/2017
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.



Focus Area of Individual Faculties


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: Download
Share link
Last updated on 2017-11-19 at 02:40
PDF downloaded successfully