RENEWABLE ENERGIES, ENVIRONMENT AND GDP INTERACTIONS IN LOW-INCOME COUNTRIES
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Abstract
To determine the role of renewable energies in preserving the environment, and promoting economic growth in low-income countries, the study sampled 38 African countries, most of which belong to low-middle or low-income countries, according to the classification of the World Bank. The panel ardl approach was used on time series covering the period 1990-2019. The most important results reached were the existence of a long-term cointegration relationship between the variables, a positive contribution of renewable energies to preserving the environment, through the negative impact on CO2 emissions, in contrast to economic growth, which had a positive effect on increasing CO2. On the other hand, there was no impact of renewable energies on GDP, the reason is that these renewable energies are traditional, and used directly from their natural sources, they cannot be used in the running economic cycle, and therefore have no effect on economic growth.
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References
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