Renewable energy consumption and economic growth nexus: Evidence from a threshold model
可再生能源消费与经济增长的关系:来自门槛模型的证据
作者: Chaoyi ChenMehmet PinarThanasis Stengos
作者单位: 1Department of Economics and Finance, University of Guelph, Guelph, Ontario, N1G 2W1, Canada
2Business School, Edge Hill University, Ormskirk, Lancashire, L39 4QP, UK
刊名: Energy Policy, 2020, Vol.139
来源数据库: Elsevier Journal
DOI: 10.1016/j.enpol.2020.111295
关键词: Renewable energy consumptionEconomic growthThresholdNon-linear effectsPanel dataOECD countries
英文摘要: Abstract(#br)The existing literature on renewable energy consumption and economic growth nexus produces mixed results as the effect of renewable energy consumption on economic growth can be either positive, negative or not significant. This paper examines the causal link between renewable energy use and economic growth by employing a threshold model using a 103-country sample in the 1995 to 2015 period. We find that the relationship between renewable energy consumption and economic growth depends on the amount of renewable energy used. Our results demonstrate that the effect of renewable energy consumption on economic growth is positive and significant if and only if developing countries or non-OECD countries surpass a certain threshold of renewable energy consumption. However, if...
全文获取路径: Elsevier  (合作)
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影响因子:2.743 (2012)

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关键词翻译
关键词翻译
  • consumption 消耗
  • economic 经济的
  • model 模型
  • growth 生长
  • threshold 阈值
  • energy 能量
  • nexus 连锁