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The increase in production is of great importance for economic growth. Energy is an irreparable input for economic … growth. Besides, the basic routine activities of human beings, such as transportation, cooking, and heating, cannot be … day. Another critical factor that increases economic growth is the increase in exports. The increase in exports of …
Persistent link: https://www.econbiz.de/10015077622
We summarize what we know about energy and economic growth in a set of stylized facts. We combine analysis of a panel …
Persistent link: https://www.econbiz.de/10014129333
is less than unity—i.e., energy intensity will fall with economic growth; however, that difference from unity is not …
Persistent link: https://www.econbiz.de/10014109234
Recent contributions by Brookes (1990), Saunders (1992), and Inhaber and Saunders (1994) argue that cost-effective improvements in energy efficiency may, in the long run, lead energy use to grow more rapidly than it would in a world of fixed technologies. Since efficiency improvements may be...
Persistent link: https://www.econbiz.de/10014073717
compare results across different levels of digitalisation. We find that value added growth is the primary driver of energy use … growth in high digital intensity sectors and amplifies the use of energy. This suggests that digitalisation, if unchecked …
Persistent link: https://www.econbiz.de/10015393782
This study investigates the long-run cross-economy dynamics in energy productivity across the world. We construct a data set comprising value-added and energy use data on 18 productive sectors in 47 economies over the period 2000-2015. First, we analyze the cross-economy distribution of energy...
Persistent link: https://www.econbiz.de/10012425283
of two energy categories - renewable and conventional, environmental quality and economic growth embodying capital, trade …-renewable and renewable energy utilization significantly contributes to the economic growth of the selected EMDEs. The study … acknowledges the trade-off effect between environmental quality and economic growth. Using Dumitrescu and Hurlin test, we found …
Persistent link: https://www.econbiz.de/10012220653
the novel dynamic autoregressive distributed lag simulations approach for South Africa between 1960 and 2020. The results … and environmental sustainability over the long and short terms. In the instance of South Africa, we additionally confirm … development increases energy usage's role in causing pollution while attenuating the detrimental impacts of economic growth, trade …
Persistent link: https://www.econbiz.de/10014288899
function in South Africa from 1960 to 2020. In contrast to the existing research, the present study uses a novel dynamic … effect, technique effect, technological innovation, foreign direct investment, energy consumption, industrial growth, and … reduction impact in the short and long run, highlighting the presence of the race to the top approach. (ii) Economic growth (as …
Persistent link: https://www.econbiz.de/10014289021
Utilizing a simple growth model that includes the energy resource as an essential input, the possibility of a cleaner … environment as well as larger income is demonstrated. Growth rates need not be lowered to have a cleaner environment, and the …
Persistent link: https://www.econbiz.de/10014041261