期刊
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
卷 55, 期 -, 页码 1363-1369出版社
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.rser.2015.06.001
关键词
Sustainability economics; Energy consumption; Human well-being; Panel analysis; GCC countries
This paper empirically investigates the effect of economic development on the energy intensity of human well-being (EIWB) in the Gulf Cooperation Council (GCC) during the period (1995-2012). We employ a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors (PCSE). We conclude that economic development has had a significant positive impact on EIWB during the period (1995-2012). The results indicate that the stress on the environment had increased in a noticeable manner from 1995 until 2006. However, over the period 2007-2012, the stress went back to the level observed in 1995. This observation is unfortunate from the perspective sustainable economics. (C) 2015 Elsevier Ltd. All rights reserved.
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