Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Green growth in oil producing African countries:a panel data analysis of renewable energy demand
Renewable energy has been considered as the solution to the hydra-headed problems of energy security, energy access and climate change, especially in Africa. In addition, renewable energy sources, such as the sun, wind, wave and waste abound in Africa are in need of investment. In order to provide both policy and investment guide, this study investigates the drivers of renewable energy demand in oil-producing African countries. Three panel data models – a random effect model, a fixed effects model and a dynamic panel data model – are used to estimate renewable energy demand with a comprehensive set of determinants. The estimation results indicate that the main drivers of renewable energy in oil-producing African countries are real income per capita, energy resource depletion per capita, carbon emissions per capita and energy prices. The study recommends that policies should encourage the consumption of commercial sources of renewable energy to attract the needed investments.
Green growth in oil producing African countries:a panel data analysis of renewable energy demand
Renewable energy has been considered as the solution to the hydra-headed problems of energy security, energy access and climate change, especially in Africa. In addition, renewable energy sources, such as the sun, wind, wave and waste abound in Africa are in need of investment. In order to provide both policy and investment guide, this study investigates the drivers of renewable energy demand in oil-producing African countries. Three panel data models – a random effect model, a fixed effects model and a dynamic panel data model – are used to estimate renewable energy demand with a comprehensive set of determinants. The estimation results indicate that the main drivers of renewable energy in oil-producing African countries are real income per capita, energy resource depletion per capita, carbon emissions per capita and energy prices. The study recommends that policies should encourage the consumption of commercial sources of renewable energy to attract the needed investments.
Green growth in oil producing African countries:a panel data analysis of renewable energy demand
Ackah, Ishmael (Autor:in) / Kizys, Renatas (Autor:in)
01.10.2015
Ackah , I & Kizys , R 2015 , ' Green growth in oil producing African countries : a panel data analysis of renewable energy demand ' Renewable & Sustainable Energy Reviews , vol 50 , pp. 1157–1166 . DOI:10.1016/j.rser.2015.05.030
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
| DOAJ | 2019
Renewable energy consumption and health outcomes: Evidence from global panel data analysis
| BASE | 2021