Exploring the relationship between renewable energy sources and economic growth. The case of SAARC countries

dc.contributor.authorLi, Qiucheng
dc.contributor.authorCherian, Jacob
dc.contributor.authorMalik Shahzad Shabbir, Malik Shahzad
dc.contributor.authorETAL.
dc.date.accessioned2022-03-11T10:59:01Z
dc.date.accessioned2023-08-19T07:45:03Z
dc.date.available2022-03-11T10:59:01Z
dc.date.available2023-08-19T07:45:03Z
dc.date.issued2021-01
dc.description.abstractThe purpose of this study is to examine the relationship between renewable energy sources and economic growth of the South Asian Association for regional cooperation (SAARC) countries. This study uses three main renewable energy sources, namely geothermal, hydro, and wind.This study collects data set from SAARC countries from 1995 to 2018 and applies a fixed effect test and panel vector error correction model (PVECM) for data analysis. The overall results show that all three renewable energy sources have a positive significant impact on economic development among SAARC countries’ economies. Moreover, hydropower renewable energy has more effects and influences on economic growth as compared to the other two individual sources of renewable energy.en_US
dc.identifier.citationLi, Q., Cherian, J., Shabbir, M. S., Sial, M. S., Li, J., Mester, I., & Badulescu, A. (2021). Exploring the relationship between renewable energy sources and economic growth. The case of SAARC countries. Energies, 14(3), 520.en_US
dc.identifier.doihttps://doi.org/10.3390/en14030520
dc.identifier.urihttps://edms.wexl.in/handle/1/2904
dc.language.isoen_USen_US
dc.publisherMultidisciplinary Digital Publishing Instituteen_US
dc.subjectRenewable energy sourcesen_US
dc.subjectSustainable economic growthen_US
dc.subjectSAARC countriesen_US
dc.titleExploring the relationship between renewable energy sources and economic growth. The case of SAARC countriesen_US
dc.title.alternativeJournal Articleen_US
dc.typeArticleen_US

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