An Antidote to the Resource Curse: The Blessing of Renewable Energy

Angeliki N. Menegaki

Makale detayları

An Antidote to the Resource Curse: The Blessing of Renewable Energy

Yazarlar:

Angeliki N. Menegaki

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.321-332

Belge Tipi:

Makale

Yayın Tarihi:

11/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000816792

Sıklık:

İki Aylık

eISSN:

2146-4553

Özet:

 

This paper empirically examines the validity of the resource curse in Europe and it is the first time renewable energy is inserted in this research context. The study uses panel data with a variety of explanatory variable proxies for investment, openness, rule of law, resource endowments and human capital. It employs a single equation fixed effects model with heteroskedasticity robust covariance and a simultaneous two equation model where renewable energy enters the structural equation as an endogenous variable. The resource curse is confirmed only for crude oil and resource productivity in the single equation model while renewable energy has a positive relationship to growth. In the simultaneous two equation model, countries with high oil production and emissions also have a higher production of renewable energies.

Makale detayları

An Antidote to the Resource Curse: The Blessing of Renewable Energy

Yazarlar: Angeliki N. Menegaki

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.321-332

Belge Tipi: Makale

Yayın Tarihi: 11/2013

Belge Dili: Türkçe

Document ID (Org No.): 2000816792

Sıklık: İki Aylık

eISSN: 2146-4553

Sayı

Yazarlar:

Angeliki N. Menegaki

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2013 Vol.3 Issue 4, pp.321-332

Belge Tipi:

Makale

Yayın Tarihi:

11/2013

Belge Dili:

Türkçe

Document ID (Org No.):

2000816792

Sıklık:

İki Aylık

eISSN:

2146-4553