Omar, Nadeen; Klose, Jens - 2024
production and energy consumption. This paper aims to empirically estimate these economic effects. For this purpose, we employ an … unbalanced panel of 78 countries using annual data between 1990 to 2022. We estimate a panel vector autoregression (VAR) model to …, investment, trade, oil price, renewable energy consumption, inflation, effective exchange rate, and nominal interest rate …