Dees P, Auktor G (2017)
Publication Language: English
Publication Type: Conference contribution, Conference Contribution
Publication year: 2017
URI: https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=MEEA17&paper_id=64
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.
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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