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The Nexus between Renewable Energy Consumption and Economic Growth: Empirical Evidence from Jordan
2023
Journal:  
International Journal of Energy Economics and Policy
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Abstract Existing literature on the relationship between renewable energy and economic growth yields mixed outcomes, since the impact of renewable energy consumption on economic growth can be negative, positive or insignificant. Using the autoregressive distributed lag (ARDL) method, this paper examines the nexus between renewable energy and economic growth in Jordan from 2000 to 2020, utilizing renewable electricity output (REO), renewable energy consumption (REC), and gross domestic product (GDP). Utilizing the Dickey–Fuller (ADF) and Philips–Perron (PP) unit root tests, the levels or differences of the stationary variables were explored. The statistically robust findings reveal that renewable energy usage has a substantial positive economic effects. The results indicate that stakeholders (including energy planners, governments, and private sector organizations) must collaborate to increase investment in renewable energy to secure long-term economic growth. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-03-24 How to Cite Alkasasbeh, O., Khasawneh, O., & Alzghoul, A. (2023). The Nexus between Renewable Energy Consumption and Economic Growth: Empirical Evidence from Jordan. International Journal of Energy Economics and Policy, 13(2), 194–199. https://doi.org/10.32479/ijeep.14007 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 2 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Omar Al-Kasasbeh, Amro Alzghoul, Hasan Alhanatleh, Empirical Analysis of Air Pollution Impacts on Jordan Economy , International Journal of Energy Economics and Policy: Vol. 12 No. 4 (2022) Omar M. Alkasasbeh, Abdalla Alassuli, Amro Alzghoul, Energy Consumption, Economic Growth and CO2 Emissions in Middle East , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 2.578
Cite : 3.974
2023 Impact : 0.22
International Journal of Energy Economics and Policy