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Causality nexus of renewable energy consumption and social development: Evidence from high-income countries

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  • Khribich, Abir
  • Kacem, Rami H.
  • Dakhlaoui, Ahlem

Abstract

A substantial body of research has been carried out to analyze the determinants of renewable energy consumption, taking into consideration wide range of variables related to economic performance, environmental, institutional and political conditions. Nevertheless, little is known about the impact of social development on renewable energy consumption. The aim of the paper is to overcome this shortcoming and to investigate the causality nexus of renewable energy consumption and social development in the short and the long run, using a panel data set for 27 high-income countries over the period 1995–2015.

Suggested Citation

  • Khribich, Abir & Kacem, Rami H. & Dakhlaoui, Ahlem, 2021. "Causality nexus of renewable energy consumption and social development: Evidence from high-income countries," Renewable Energy, Elsevier, vol. 169(C), pages 14-22.
    • Handle: RePEc:eee:renene:v:169:y:2021:i:c:p:14-22
    DOI: 10.1016/j.renene.2021.01.005
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    More about this item

    Keywords

    Renewable energy; Social development; Causality; VECM; High-income;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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