Intercourse across economic growth, trade and renewable energy consumption in developing and developed countries

This article exploits a dynamic simultaneous-equation panel data approach to research the bond across economic growth, renewable sort of energy, and trade for information of 72 countries since 1990 until 2012. We likewise analyze this relationship by separating all countries into three groups as per the level of development: whole, developing, high-income developing, upper middle-income developing, lower middle-income developing, lower-income developing, developed, major developed, and others developed countries. The outcomes demonstrate a feedback linkage between income and renewable energy consumption, between trade and renewable energy consumption and between trade and income. This implies that the three variables considered are interdependent.