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Energy efficiency, renewable energy, economic growth: evidence from emerging market economies

This study investigates the effect of energy efficiency and renewable energy on economic growth in emerging economies over the 1992–2014 period using Westerlund’s (2008) cointegration test and Dumitrescu and Hurlin (2012) causality test. The panel cointegration coefficients reveal that energy efficiency positively influences the economic growth in the long term, but renewable energy has no significant effects on economic growth in the long term. Furthermore, the causality analysis revealed a one-way causality from both energy efficiency and renewable energy use to the economic growth in the short term.
- Anadolu University Turkey
- Usak University Turkey
- Babeș-Bolyai University Romania
Renewable energy, Panel data analysis, Energy efficiency, Economic growth
Renewable energy, Panel data analysis, Energy efficiency, Economic growth
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).83 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 1% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 1%
