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Economic development and the energy intensity of human well-being: Evidence from the GCC countries

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  • Sweidan, Osama D.
  • Alwaked, Ahmed A.

Abstract

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.

Suggested Citation

  • Sweidan, Osama D. & Alwaked, Ahmed A., 2016. "Economic development and the energy intensity of human well-being: Evidence from the GCC countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1363-1369.
  • Handle: RePEc:eee:rensus:v:55:y:2016:i:c:p:1363-1369
    DOI: 10.1016/j.rser.2015.06.001
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    References listed on IDEAS

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    Cited by:

    1. Tafadzwa Ruzive & Thando Mkhombo & Simba Mhaka & Nomahlubi Mavikela & Andrew Phiri, 2017. "Elecricity intensity and unemployment in South Africa: A quantile regression analysis," Working Papers 1711, Department of Economics, Nelson Mandela University, revised Sep 2017.
    2. repec:eee:rensus:v:74:y:2017:i:c:p:1119-1130 is not listed on IDEAS
    3. repec:eee:juipol:v:47:y:2017:i:c:p:58-68 is not listed on IDEAS

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