Renewable Energy Consumption Impact on the Lebanese Economy

Authors

  • Hanadi Taher beirut arab university

Abstract

This study examines the impact of renewable energy consumption on economic growth for Lebanon over the period 1990–2012. The renewable energy consumption with negative coefficient and statistically significant while the real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The research data is from the Lebanese central bank, the International Monetary Funds and the World Development Indicators then it is regressed in basic time series analysis taking into consideration the different variables that have an influence on the economic growth.  After testing its robustness and illustrated through ARMAX, the results show a statistically significant impact of renewable energy consumption on the Lebanese economic growth.Keywords: Renewable Energy consumption, energy consumption, Lebanese economic growthJEL Classifications: O440; Q280

Downloads

Download data is not yet available.

Downloads

Published

2017-09-30

How to Cite

Taher, H. (2017). Renewable Energy Consumption Impact on the Lebanese Economy. International Journal of Energy Economics and Policy, 7(4), 144–148. Retrieved from https://econjournals.com./index.php/ijeep/article/view/4969

Issue

Vol. 7 No. 4 (2017)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.