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Article
Green & Sustainable Science & Technology
Qiang Wang et al.
Summary: This study explores the relationship between renewable energy consumption and economic growth and finds a positive overall relationship. The relationship is inconsistent under different thresholds for high-income countries, and it varies in the models considering resource dependence and anticorruption regulations for middle-income countries. For low-income countries, a U-shaped relationship is observed regardless of the model.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Management
Opoku Adabor et al.
Summary: This study examines the causal relationship between oil resource rent and economic growth in Ghana, finding that in the long run, a 1% increase in oil resource rent leads to a 0.84% increase in economic growth. However, in the short term, the impact is insignificant. Additionally, the study reveals a unidirectional causality running from oil resource rent to economic growth in Ghana.
INTERNATIONAL JOURNAL OF ENERGY SECTOR MANAGEMENT
(2022)
Article
Thermodynamics
Justice Gyimah et al.
Summary: This study investigates the direct and indirect impact of renewable energy on economic growth in Ghana from 1990 to 2015 using the Granger causality and the mediation model. The results show that renewable energy has a significant total impact on economic growth, indicating the importance of promoting the use of renewable energy for economic development.
Article
Environmental Studies
Mingting Xie et al.
Summary: This study aims to analyze the impact of mineral and forestry resources volatility on economic performance and highlights the importance of sustainable use of material resources for achieving green growth agenda.
Article
Environmental Studies
Tolassa Temesgen Hordofa et al.
Summary: This study evaluates the impact of natural resources rents on the economic performance of G7 economies and finds that the COVID-19 pandemic led to economic decline, while natural resources rents, including oil and gas, help improve economic performance. It suggests strengthening stabilization policies and encouraging active participation from G7 countries.
Article
Environmental Studies
Qiang Ma et al.
Summary: The study found that the volatility of natural resources tax, digital economy, financial development, and technological innovation significantly enhance economic performance in all quantiles, while research and development expenditures have a positive impact in some quantiles. Recommendations include strengthening the digital economy, financial development, technological innovation, and research and development.
Article
Environmental Studies
Syed Abdul Rehman Khan et al.
Summary: This research examines the causal link between economic growth and factors such as capital formation, labor force, renewable energy, and technological innovation. The results show a positive association between these factors and economic growth, with heterogeneity observed across different quantiles. Additionally, the study finds variation in economic growth when examining different groups of countries, indicating the intensive use of factors.
Article
Environmental Studies
Wei Deng et al.
Summary: This study investigates the association between natural resources and economic performance in the BRICS countries over the period of 1990-2020, and finds that natural resources are a blessing for these economies, while renewable energy consumption and technological innovation contribute significantly to economic growth.
Article
Thermodynamics
Yaw Sarpong Steve et al.
Summary: The study found that in Sub-Saharan Africa, increased renewable energy consumption may lead to a slowdown in economic growth, with specific effects varying across geographical locations. While the growth hypothesis is supported for East and West Africa, the feedback hypothesis is validated only for Central Africa.
INTERNATIONAL JOURNAL OF GREEN ENERGY
(2022)
Article
Thermodynamics
Rabia Akram et al.
Summary: The research finds that energy efficiency is an important source of economic growth in BRICS countries, while renewable energy consumption has a negative impact on economic growth. Additionally, there is a bidirectional causal relationship between renewable energy consumption and economic growth. Moreover, enhancing energy efficiency and the use of renewable energy can stimulate economic growth in BRICS countries.
Article
Environmental Sciences
Soufiane Bouyghrissi et al.
Summary: From 1990 to 2014, Morocco implemented renewable energy development policies which showed positive effects on economic growth and reducing CO(2) emissions. There is a causality between renewable energy consumption and economic growth, as well as economic growth and CO(2) emissions in Morocco. The government and private companies in Morocco need to seek innovative financing methods for renewable energy projects.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Studies
Humaira Yasmeen et al.
Summary: The study found a negative relationship between natural resources and economic growth, supporting the resource curse hypothesis, with non-renewable energy playing a stronger role in economic growth compared to renewable energy. Financial openness has a positive impact on economic growth, while gross capital formation does not significantly influence economic growth. Financial openness was not found to be capable of turning the resource curse into a blessing, with key guidelines proposed for efficient utilization of natural resources in the country.
Article
Kazim Jan
Revista GEINTEC-Gestao Inovacao e Tecnologias
(2021)
Article
Energy & Fuels
Qiucheng Li et al.
Summary: The study found that geothermal, hydro, and wind energy sources have significant positive impacts on the economic growth of SAARC countries, with hydropower having the most significant influence on economic growth compared to the other two sources.
Article
Green & Sustainable Science & Technology
Cosimo Magazzino et al.
Summary: This study explores the relationship between renewable energy consumption and economic growth in Brazil during the Covid-19 pandemic. Using an Artificial Neural Networks experiment, it is found that increasing consumption of renewable energies may stimulate GDP growth acceleration in Brazil.
Article
Thermodynamics
Khan Baz et al.
Summary: By analyzing the time series data of Pakistan, asymmetric and nonlinear cointegration between fossil fuel, renewable energy, and economic growth was confirmed. Positive shocks had asymmetric feedback causality with economic growth and renewable energy consumption, while a symmetric bidirectional hypothesis was observed between fossil fuel consumption and economic growth. An asymmetrically unidirectional causal nexus was confirmed between foreign direct investment and economic growth.
Article
Environmental Sciences
Alper Aslan et al.
Summary: The study found that natural resources and globalization have a positive impact on economic growth in European, Asian, and American countries, while capital formation negatively affects growth. Different regions show varying effects on this relationship, but there is bidirectional causality between globalization and economic growth, with natural resources and economic growth.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Environmental Sciences
Yikun Zhang et al.
Summary: The study findings indicate that renewable energy sources have a positive impact on the economic development of SAARC countries, with hydropower having the most significant influence on economic growth compared to other renewable energy sources.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Green & Sustainable Science & Technology
Kris Ivanovski et al.
Summary: The study utilizes non-parametric modeling technique to examine the time-varying impact of renewable and non-renewable energy consumption on economic growth from 1990 to 2015. The results indicate that non-renewable energy consumption has a significant positive effect on economic growth in OECD countries, while the impact of renewable energy is statistically insignificant in most parts of the study period. In non-OECD countries, both renewable and non-renewable energy consumption promote economic growth, suggesting the potential role of developing countries in the transition to renewables.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Environmental Sciences
Muhammad Mohsin et al.
Summary: The study found positive correlation between economic growth and energy consumption, while renewable energy consumption was negatively correlated with carbon emissions. Nonrenewable energy resources significantly contribute to greenhouse gas emissions, while renewable resources have a positive impact on reducing greenhouse gas emissions.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2021)
Article
Energy & Fuels
Raymond Li et al.
Summary: The study reveals the significant role of economic growth and non-renewable energy prices in the transition to renewable energy, while the impact of renewable energy consumption, capital, and labor on economic output is relatively minor.
Article
Environmental Studies
Ramez Abubakr Badeeb et al.
Summary: The study reveals asymmetric reactions of economic growth to positive and negative oil rent shocks in Malaysia, which also vary significantly across economic sectors. The analysis supports the oil curse hypothesis in Malaysia, with the curse channeled through the Dutch Disease mechanism in the manufacturing sector. The results highlight the importance for policymakers to consider the heterogeneous response of economic sectors to oil rent shocks when implementing diversification policies.
Article
Green & Sustainable Science & Technology
Juan Wang et al.
Summary: This study examines the long-term and short-term impacts of economic growth and financial development on renewable energy consumption in China, finding that economic growth stimulates renewable energy consumption while financial development has a negative impact. Additionally, there is a unidirectional causality relationship from financial development to renewable energy consumption.
Article
Business, Finance
Boqiang Lin et al.
Summary: The study demonstrates fluctuating responses of economic policy uncertainty to oil price shocks, with oil price having a negative response to uncertainty. Additionally, the findings indicate that oil-importing and oil-exporting countries respond differently to oil price shocks, with oil-exporters experiencing greater volatility.
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE
(2021)
Article
Environmental Sciences
Benjamin Ampomah Asiedu et al.
Summary: The research found a long-term nexus among renewable energy, non-renewable energy, CO2 emissions, and economic growth, with unidirectional causality between renewable energy and non-renewable energy consumption, as well as renewable energy and CO2 emissions.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2021)
Article
Economics
M. Hashem Pesaran
Summary: This paper introduces simple tests for error cross-sectional dependence in panel data models, showing that these tests are robust and adapt well to structural changes.
EMPIRICAL ECONOMICS
(2021)
Article
Economics
Pamela Efua Ofori et al.
Summary: The study found that oil rent and natural gas rent have a negative impact on economic growth in Sub-Saharan Africa, while forest rent has a positive impact; remittances have a positive marginal and net effect on economic growth, and can alleviate the negative impact of oil rent on economic growth; there is a threshold in individual countries, exceeding which will completely offset the negative impact of oil rents on economic growth.
COGENT ECONOMICS & FINANCE
(2021)
Article
Environmental Sciences
Qaiser Abbas et al.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2020)
Article
Environmental Studies
Muzzammil Hussain et al.
Article
Environmental Studies
Zeeshan Khan et al.
Article
Economics
Murillo Campello et al.
JOURNAL OF BUSINESS & ECONOMIC STATISTICS
(2019)
Review
Environmental Sciences
Samuel Asumadu Sarkodie et al.
SCIENCE OF THE TOTAL ENVIRONMENT
(2019)
Article
Economics
Jose A. F. Machado et al.
JOURNAL OF ECONOMETRICS
(2019)
Article
Environmental Studies
Youmanli Ouoba
Article
Economics
An Aisen et al.
EUROPEAN JOURNAL OF POLITICAL ECONOMY
(2013)
Article
Economics
M. Hashem Pesaran et al.
JOURNAL OF ECONOMETRICS
(2008)
Article
Economics
M. Hashem Pesaran
JOURNAL OF APPLIED ECONOMETRICS
(2007)
Article
Economics
M. Hashem Pesaran
