The relationship between renewable energy sources and sustainable economic growth: evidence from SAARC countries

被引:45
作者
Zhang, Yikun [1 ]
Gul, Ambreen [2 ]
Saleem, Sharjeel [3 ]
Shabbir, Malik Shahzad [4 ]
Bilal, Kanwal [5 ]
Abbasi, Hina Munir [5 ]
机构
[1] Xi An Jiao Tong Univ, Sch Econ & Finance, 75 Qingyang Rd, Lanzhou 730000, Gansu, Peoples R China
[2] Univ Azad Jammu & Kashmir, Dept Management Sci, Muzaffarabad, Pakistan
[3] GC Univ Faisalabad, Lyallpur Business Sch, Dept Management Sci, Faisalabad, Pakistan
[4] Univ Lahore, Dept Management Sci, Lahore, Pakistan
[5] Comsats Univ, Dept Management Sci, Lahore, Pakistan
关键词
Renewable energy sources; Sustainable economic growth; SAARC countries; HYDROELECTRICITY CONSUMPTION; CAUSAL RELATIONSHIP; NEXUS EVIDENCE; G7; COUNTRIES; GDP GROWTH; PANEL; WELFARE; COINTEGRATION; ELECTRICITY; INVESTMENT;
D O I
10.1007/s11356-021-12795-z
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The purpose of this study is to examine the relationship between renewable energy sources and sustainable economic growth of the South Asian Association for Regional Cooperation (SAARC) countries. This study uses three main renewable energy sources such as geothermal, hydro and wind. This study collects dataset from SAARC countries from 1995 to 2018. This study applies a fixed-effect test and panel vector error correction model (PVECM) test for data analysis. The overall results show that all three renewable energy sources have positively significant impacts on economic development among SAARC countries' economies. Moreover, the hydropower renewable energy source has more effects and influences on economic growth as relatively compared with the rest of the two individual sources of renewable energy.
引用
收藏
页码:33390 / 33399
页数:10
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